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Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
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A survey by GfK Automotive indicated that Generations X and Y are more concerned with their home entertainment systems, smartphones and the Internet than what car they drive.
Read More →Data analyzed by Edmunds.com revealed that 39.9 percent of Pontiac owners who traded in for a new car this year opted for a GM vehicle.
Read More →Advanced Lending & Portfolio Services, a bulk purchaser of buy-here, pay-here contracts, announced strong quarterly results, claiming a total portfolio size of $11.5 million at the end of 3Q 2011.
Read More →Security National Automotive Acceptance Corp. announced it has closed on the sale of the company to a group of private investors and has secured $450 million of senior debt financing.
Read More →LoJack shares a list of theft protection tips to help dealers protect their inventory.
Read More →At its next ‘Listening Tour’ event, slated for November, the Federal Trade Commission will discuss the information it has picked up at its previous two roundtable gatherings.
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Organizers of Agent Summit 2012 have announced that John Braganini, principal of Great Lakes Companies, will deliver the event's evening keynote address.
Read More →An increase in auto and commercial loan originations helped fuel a 1 percent profit gain in the third quarter for Capital One Financial Corp., the company reported last week.
Read More →TrueCar.com is predicting that new light-vehicle sales (including fleet) will reach 1.035 million units in October, a 9 percent increase from a year ago.
Read More →Kia Motors America Inc. announced it has selected Carfax as its vehicle history provider of choice for Kia’s Certified Pre-Owned (CPO) program.
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