We all know the saying “what happens in Vegas, stays in Vegas” and that is true for some things. This article isn’t one of them.
In order to make the list of October 2010 Vegas Rumors (combination of things heard at the Digital Dealer, DrivingSales Executive Summit, and JD Power Automotive Internet Roundtable conferences) Jeff and Alex had to hear the same thing two or more times. We admit that this is all strictly hearsay, but it sure is entertaining none-the-less!
Much of this was written during the conferences.
Here we go…
DealerTrack was the talk of the JD Power Automotive Internet Roundtable as they didn’t even show up. Could it have been that they don’t like this particular conference? Could it be that they just can’t handle Vegas? Nooooo. It sounds like they were busy making some purchases.
Alex heard on numerous occasions that DealerTrack bought KBB and ClickMotive. Again, probably hearsay, but he heard it a few times. And we’re definitely thinking hearsay because…
At the same time we’ve both been hearing Autotrader.com was buying KBB, so we are going to wait for the press release on this rumor.
UPDATE: We did just hear that Autotrader.com acquired Kelley Blue Book officicially.
Speaking of Autotrader.com a few people said the 3 year old rumor that they’re buying HomeNet is closer to reality. Buuuuut we’ve been hearing this one for a long time.
ADP has been in need of a more modern CRM and the rumor-mill says they bought DealerSocket. If that’s true, it is fantastic news for ADP! A few DealerRefresh friends who are close to top executives at DealerSocket say this isn’t true. Again, we will be waiting for the press release.
With tax changes coming in 2011 we certainly won’t be surprised to hear more in the purchase territory before the end of the year.
First off, we have to ask the question how so many Digital Dealer attendees got spam email from DealerElite.net asking people to sign-up? There were some pretty hefty names thrown around in that email too.
Unfortunately one man gets to own this entire section. It is really sad we heard so much around this individual because his conference was actually the best one he’s done yet. And again, neither Alex or Jeff were present for any of this – these are just things we heard.
So let’s start off by saying that we heard “the wise asses at DealerRefresh are on probation and I don’t need them to promote my conference anymore.” So Mike Roscoe, we dedicate this section to you.
Our “piece of $h1t” buddy Jared Hamilton is completely banned from Digital Dealer conferences. This is the same guy who received the Lloyd Richardson award from Mike in 2008 for being the biggest giver in our space. Way to pay him back! By the way Mike, where is Lloyd? We miss him.
Speaking of banishment, another good man, Gary May, caught the wrath of Mike in an email that ended his participation in the conference. Alex got to see it and said it really shows someone’s true colors. The email was in regards to an IM@CS blog post from the Saturday after DD9 recommending that there is still room to improve the Digital Dealer conference for dealers. Maybe Gary will make that email public one day.
And in the spirit of how things should be presented to the public, we heard any non-Dealer Magazine media was not fully welcome to the event. Automotive News and Automotive Digest are two who we heard were snubbed.
Then we get to the ultimatums. When it is all about the benjamins, competition gets fierce. Many players like getting a paycheck, but also have a lot of passion for the industry too. However one individual seems to think that some of the players should dump everything to only participate in Digital Dealer. If rumors are true that both Brian Pasch and Joe Webb were told if they wanted to continue participating in Digital Dealer they had to give-up speaking at the DrivingSales Executive Summit or events that would support or build the DrivingSales brand, then that is just a travesty.
What happens when you take all the roller coasters out of the theme park?
We just want to say that this is the rumor-mill. Always fun!
P.S. What is the over/under on when we start getting phone calls about this article?