| Keeping Trax of the 2015 Chevrolet Trax? Pricing Is Out, and It Starts at $20,995 |
Oct 7th, 2014 |
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Just a few months ahead of its first appearance in dealerships, the 2015 Chevrolet Trax has been given a base price: $20,995, including the $825 destination charge. Chevrolet’s new subcompact crossover will be offered in three trim levels—LS, LT, and LTZ—and all-wheel drive will be offered as a $1500 standalone option on all three. For […]
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| Volvo “Triple Boost” Four-Cylinder Engine Has Three Compressors, Makes “No Less Than” 450 Horsepower |
Oct 7th, 2014 |
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Volvo has unveiled its latest—and what appears to be its greatest—four-cylinder Drive-E powertrain creation to date, the High-Performance Drive-E Powertrain Concept. To be clear, it’s still just an engine on a stick, but with three turbos (!) and “no less than” 450 horsepower on tap, it’s mighty interesting. Volvo’s turbocharged and supercharged Drive-E 2.0-liter engine is […]
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| Why Sebastian Vettel Is Leaving Red Bull, and Why Driving for Ferrari May Not Be Fun for a While |
Oct 7th, 2014 |
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It was June 13, 2012, a beautiful day along the shore of the Hudson River, on the New Jersey side, where the backers of the Grand Prix of America are celebrating the fact that there will be a Formula 1 race here in 2013. Or 2014. Maybe 2015. Maybe never. Does never work for you? […]
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| Audi RS Chief on U.S. Market Growth, Diesel, Future Models, and More (We Just Want RS Avants, OK?) |
Oct 7th, 2014 |
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Audi’s Quattro division is planning a raft of new high-performance RS models, with some set to debut radical new powertrains, according to boss Heinz Peter Hollerweger—and the U.S. is being targeted as one of the main areas for growth of the RS brand. “For us the next step is to establish the same enthusiasm for […]
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| Auto/Mate Integrates With Infiniti’s Dealer Communication System |
Oct 7th, 2014 |
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Infiniti dealers using Auto/Mate's DMS can now enjoy a seamless communication path with their manufacturer and the flexibility to adopt third-party applications.
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| Decline in Wholesale Prices Keep Retail Markets on Track, Manheim Reports |
Oct 7th, 2014 |
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Manheim said the more than 2% decline in wholesale prices 'appears to be part of a healthy overall market.' It allowed dealers to turn inventory more quickly, officials said.
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| Minnesota AG Sues EFG Over Service-Contract Refunds |
Oct 7th, 2014 |
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Attorney General Lori Swanson is suing EFG Companies for deceptive practices because it failed to deliver on its promise of full refunds for VSCs canceled within 30 days. The company’s CEO tells F&I and Showroom his company will be exonerated once all the facts are presented.
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| No Subprime Bubble in Sight, Equifax Says |
Oct 7th, 2014 |
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The credit reporting agency says there are no signs of a subprime bubble despite totals for new credit and new loans originated reaching all-time highs through June.
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| 5 Serra Nissan Employees Arrested |
Oct 7th, 2014 |
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The indictment of the five dealership employees follows federal charges levied against two other Serra Nissan sales managers earlier this year. They are facing federal charges related to a scheme to fraudulently boost loan approvals and car sales.
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| Zurich’s Brian Vance Earns AFIP Master Certification |
Oct 7th, 2014 |
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Brian Vance, a regional F&I manager with Zurich North America, earned his master certification at an AFIP Certification Boot Camp in August. He is the second Zurich executive to do so.
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