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NewsNovember 1, 2012

Kia Upsets Facebook Fans With EndPoverty Campaign

Kia adjusted its social media message after followers lashed out about the company’s “1Like=1Day Food for 1 Family” slogan.

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NewsOctober 30, 2012

Ally to Lead Webinar on Improving F&I Performance

Ally Auto will lead an F&I and Showroom-hosted webinar on Wednesday, Nov. 7. It will cover the key elements of a comprehensive F&I plan, and will offer insights on how to increase F&I revenue and net profit.

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NewsOctober 30, 2012

Asbury’s Third-Quarter Profit Jumps 68 Percent

Asbury was firing all cylinders during the third quarter, with the 77-rooftop dealer group reporting revenue and profit increases of 14 and 68 percent, respectively.

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NewsOctober 25, 2012

[Video] Tip of the Week: Selling GAP

“Guaranteed” is a powerful word when making a sale, which is why United Car Care’s F&I Coach recommends ditching GAP's acronym when presenting it to customers.

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NewsOctober 25, 2012

October New-Vehicle Sales Nearing 2008 Feat

If October maintains its current sales pace, the industry will have achieved something it hasn't done since 2008, J.D. Power and LMC Automotive report.

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NewsOctober 23, 2012

F&I Express Launches Compliance Tool for Finance Sources

ExpressRecoveries is designed to help finance sources expedite the recovery of consumer refunds for cancelled aftermarket F&I products.

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NewsOctober 23, 2012

Nearly One-Third of Auto Shoppers Use a Mobile Phone, JD Power Reports

J.D. Power and Associates reports that nearly one-third of in-market car shoppers use a mobile phone to assist with their purchase. Brands with the best mobile sites are Acura and Kia.

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NewsOctober 23, 2012

Capital One Grows Auto Finance Business in Q3

Despite a quarterly drop in originations, Capital One grew its auto finance business by $1.2 billion in the third quarter.

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NewsOctober 23, 2012

CNW Puts October’s Sales Rate at 14.5 Million Units

Same-store sales are up, as are closing ratios, according to CNW Research. It believes the industry will end the month with a delivery rate of 14.5 million units.

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NewsOctober 11, 2012

[Video] Tip of the Week: Building a Successful F&I Department

United Car Care’s John Vecchioni, also known as the F&I Coach, reminds F&I managers about the importance of partnering with sales and service in this week’s Tip of the Week

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