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NewsJanuary 8, 2015

Manheim: Year-End Used-Car Values Stay Strong

Used-vehicle values rose nearly 2% in the fourth quarter of 2014, thanks to a stronger job market and more attractive financing.

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NewsJanuary 8, 2015

2014 U.S. Vehicle Sales Rise to 16.5 Million Units

A 10.8% new-vehicle sales increase in December capped off a year in which the industry broke through the 16 million-unit mark.

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NewsJanuary 8, 2015

GM Financial Completes Acquisition of Ally’s International Operations

On Jan. 2, GM Financial and GMAC UK acquired Ally’s 40% equity interest in SAIC-GMAC Automotive Finance Company Limited, a joint venture that conducts auto finance operations in China.

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NewsJanuary 7, 2015

Used-Vehicle Prices Remain Resilient in 2014

Stronger pricing activity and fuel price trends highlighted a better-than-expected 2014 for used-vehicle prices, which outperformed 2013 levels and beat Black Book’s initial expectation.

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NewsJanuary 7, 2015

GO Financial Completes Sale of Additional Equity Interest to Manheim

GO Financial, a Phoenix-based subprime auto finance company, completed the sale of an additional equity interest in the company to Manheim.

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NewsJanuary 7, 2015

CreditMiner Adds Equifax to Soft Bureau Data Portfolio

CreditMiner has reached an agreement with Equifax to deploy its Prescreen of One, a service that allows dealers to get real-time, prescreened finance offers for customers without having to collect their Social Security number or date of birth.

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NewsJanuary 6, 2015

AT&T to Power LoJack's Telematics Solutions

Officials with both companies say the collaboration will provide new machine-to-machine technology solutions for the connected car industry.

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NewsJanuary 6, 2015

New-Car Transaction Prices Reach New Record, KBB Reports

Average transaction prices in December were up nearly 3% from a year ago and nearly 1.6% from November, with Hyundai and Kia posting the largest percentage gain among major OEMs.

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NewsJanuary 6, 2015

CNW: Online Ads Motivating More Used Sales Than Print

Used-vehicle sales motivated by online ads outpaced purchases motivated by print newspapers for the first time, CNW reports. The firm also noted that private party sales showed the biggest increase in December.

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Newsby Gregory ArroyoDecember 30, 2014

Moody’s Sees Silver Lining in Regulatory Scrutiny of Auto Finance

Moody’s expects the performance of new and outstanding auto loan ABS deals to suffer temporarily due to current regulatory activity, but it does see a silver lining in the increased scrutiny of the auto finance marketplace.

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