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Auto/Mate Honored With Platinum Award in Dealers' Choice Awards  Jul 29th, 2014 
This year marks the first time Auto/Mate was recognized in Auto Dealer Monthly’s annual award program, with the tech firm earning the contest’s Platinum award in the DMS Provider category. 
 
 
J.D. Power: Dealers Will Pay Premium for Good Service from Lenders  Jul 29th, 2014 
Sixty-six percent of dealers who were surveyed indicated that they are willing to pay as much as an additional 0.50 to 0.60 basis points on their loan terms to receive good service from their lenders. 
 
 
UDS Named 2014 Dealers’ Choice Winner for F&I Training  Jul 29th, 2014 
United Development Systems was named a Diamond Award Winner for F&I Training in Auto Dealer Monthly’s Dealers’ Choice Awards. The achievement marks the ninth time in 10 years the firm received top honors in the contest. 
 
 
AFS Acceptance Names VP of Loan Production  Jul 29th, 2014 
Effective Aug. 4, Michael Thacker will preside over all operations for the Underwriting, Funding and Dealer Services departments within the company. 
 
 
Asbury Reports Record Second Quarter  Jul 29th, 2014 
The dealer group reported a 21% increase from last year’s adjusted income from continuing operations, as well as a 12% increase in total gross profit. 
 
 
Group 1 Posts 12.3% Increase in F&I Revenue  Jul 29th, 2014 
The dealer group’s U.S. F&I operations raised its per-copy average $91 to $1,442 in the second quarter. On a year-to-date basis, the group's per-copy average rose $128 from a year ago to $1,499. 
 
 
Volkswagen Recalls 2015 Golf and Golf GTI  Jul 29th, 2014 
Volkswagen issues a recall on select Golf and Golf GTI models for faulty stabilizer rod fasteners. 
 
 
Lightning Strikes Oshkosh: Ford F-35 Lightning II Mustang Auctioned at AirVenture Air Show  Jul 29th, 2014 
Around here, most Ford Mustang stories count as feel-good editorial, but here’s a real feel-good story that’ll probably make you say “Awwww!” and possibly make you do a fist pump at the same time. On Thursday, July 31, one very special 2015 Mustang will be auctioned off at the Experimental Aircraft Association (EAA) AirVenture air […] 
 
 
Independents of Speed, American: John Hennessey  Jul 29th, 2014 
Age: 51 Hometown: Houston, Texas Company: Hennessey Performance Engineering; 35 employees in a 36,000-square-foot facility with its own drag strip in Sealy, Texas, and five more employees at a satellite facility in Lake Forest, California. Past projects: Beginning with his own 1991 Mitsubishi 3000GT VR4, Hennessey has tweaked, supercharged, and turbocharged Vipers, Camaros, F-150 Raptors, […] 
 
 
2014 Honda Civic HF Tested: Unvarnished Penuriousness  Jul 29th, 2014 
Here’s a casebook illustration of why alternative technologies such as hybrids and electrics are having a rough go in the marketplace: traditional automobiles just keep getting better, too, sometimes by sharing the same “advances” pioneered by their supposed betters. In the HF trim level tested here, Honda offers a low-cost/high-mpg Civic appealing to frugal-minded car-shoppers […] 
 
 
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