| Automakers Post Big Gains in 2013 Sales |
Jan 29th, 2014 |
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December sales were in line with last year’s total, while annual sales increased nearly 8% to 15.6 million units.
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| Auto/Mate Announces 40% Year-Over-Year Increase in Auto Dealer Installs |
Jan 29th, 2014 |
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Auto/Mate announced a 40% year-over-year increase in auto dealer installs, continuing the company's growth trend.
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| Cox Acquires 25% Stake in AutoTrader Group |
Jan 29th, 2014 |
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Cox Enterprises acquires 25% stake in AutoTrader Group from Providence Equity Partners.
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| KBB Breaks Down Auto Brand Popularity By Region |
Jan 29th, 2014 |
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According to The KBB.com’s Market Intelligence research, a region’s most popular brands are often headquartered or have assembly plants in that area. The data suggests that shoppers have strong brand loyalty and research the manufacturers with local ties to their region.
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| Illinois Senator Proposes Repeal of 'Blue Law' |
Jan 29th, 2014 |
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Illinois State Senator Jim Oberweis is proposing to lift the state’s ban on Sunday car sales, but car dealers, to his surprise, are opposed.
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| Reynolds’ O’Loughlin to Present at NADA Convention |
Jan 29th, 2014 |
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Reynolds and Reynolds’ director of compliance will present a legal and regulatory workshop at the 2013 NADA Convention. He will examine best practices in F&I document creation and review.
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| NAC, FFDS Announce New VP of Sales |
Jan 29th, 2014 |
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National Auto Care Corp. and Family First Dealer Services have promoted Courtney Wanderon to vice president of sales. In her new role, Wanderon will lead the sales and client relations teams in support and development of the company’s agent network and strategic partners.
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| Used-Vehicle Sales Land Just Short of 42 Million Units, CNW Reports |
Jan 29th, 2014 |
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The industry sold 3.284 million used cars in December and 42 million units for the year. Driving those totals were increases in below-prime auto loan approvals, as finance sources continued to relax their guidelines.
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| Delivering on F&I’s Promise |
Jan 29th, 2014 |
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After sitting through a few less-than stellar F&I performances, the magazine’s resident F&I pro recalls advice his father once gave him. It was a recommendation every F&I department should take to heart.
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| Hybridizing F&I |
Jan 29th, 2014 |
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F&I trainer says F&I pros shouldn’t fear the interest dealers are showing in combining the roles of sales and F&I. From his experience, the F&I manager remains a critical component of such a process.
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