| Elon Musk: Test Track for 760-mph Hyperloop on the Way |
Jan 15th, 2015 |
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Elon Musk is tweeting from the hip again: The billionaire tech mogul and social-media secret-spiller says he plans on building a Hyperloop test facility to guide the design of high-speed pods. And he wants to have an annual student Hyperloop pod-racing series, like Formula SAE for Jetsons-style future-tech. The Hyperloop, you’ll recall, is Musk’s pie-in-the-sky […]
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| Tesla Model X Crossover Is Finally Coming . . . In “Early 2016″ |
Jan 15th, 2015 |
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Tesla Motors just quietly revealed some details about its long-awaited Model X crossover. According to the electric carmaker’s website, the gullwinged family truckster will finally make its way into buyers’ hands in “early 2016.” Yes, that means it’s been delayed again, again. A bit of chronology here: Tesla first showed the Model X concept to the […]
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| Mercedes-Benz “A Fistful of Wolves” Commercial Is a Fistful of Funny |
Jan 15th, 2015 |
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Unlikely scenarios. Obscured logic. Running in slow-motion—who does anything in slow-motion, let alone run?—aaaaaaand, ka-ching! Yep, advertisers are not above using utter ridiculousness and stylized distortions of reality to woo customers, whether it be to automobiles, fashion, or in the case of this amazing new Mercedes promotional short called “A Fistful of Wolves,” both. The […]
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| ABA: Delinquencies Continue Broad-Based Decline in Q3 2014 |
Jan 15th, 2015 |
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Installment loan delinquencies fell to a record low in the third quarter, with auto loans originated through auto dealers falling from 1.55% in the year-ago period to 1.51%
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| Video of Dealership Personnel Hassling Pizza Guy Goes Viral |
Jan 15th, 2015 |
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A Massachusetts dealership’s Yelp and Google pages have been flooded with negative reviews after a video of its employees harassing a pizza delivery man went viral this week.
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| Larry H. Miller Group to Offer F&I Products Nationwide |
Jan 15th, 2015 |
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Larry H. Miller Groups of Companies is getting into the F&I product provider business. Overseeing the new business unit will be Bryant Henrie, who also serves as president of the company’s captive finance arm, Prestige Financial Services.
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| Arrested Pa. Dealer Faces Additional Fraud Charges |
Jan 15th, 2015 |
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A dealer who was arrested in November for selling a woman’s car on consignment and pocketing the profit is now believed to have committed similar crimes involving six other vehicles.
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| Minn. AG’s Lawsuit Against EFG Dismissed |
Jan 15th, 2015 |
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The lawsuit, which charged the F&I product provider with violating three consumer-protection laws for the way it handled service-contract cancellations and refunds, was dismissed 90 days after it was filed.
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| Ally Expands Dealer Training Offerings |
Jan 15th, 2015 |
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Ally is adding F&I management training, vehicle selling skills, and compliance courses to its Performance Development Center. The new courses will be introduced at the NADA Convention and Expo next week.
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| Changing the F&I Experience |
Jan 15th, 2015 |
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Larry Dorfman founded APCO/EasyCare on the premise that car buyers are his true customers. Now he and his team are riding shotgun on Sonic Automotive’s drive toward a new customer experience.
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