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NewsSeptember 6, 2011

SmartAuction, CentralDispatch Partner to Offer Data Transfer Feature

SmartAuction and CentralDispatch have formed an agreement to allow SmartAuction users to upload SmartAuction transaction activity to their CentralDispatch accounts.

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NewsSeptember 6, 2011

NADAguides Names Toyota Camry Hybrid ‘Car of the Month’

Analysts at NADAguides named the 2012 Toyota Camry Hybrid XLE as the Car of the Month for September, citing key features such as the redesigned interior, improvements in handling and performance.

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NewsSeptember 6, 2011

Supply Issues Thwart Toyota, Honda Sales in August

A number of automakers experienced double-digit sales increases in August, with Chrysler leading the pack with 31 percent year-over-year increase in sales. Toyota and Honda, however, continued to grapple with supply issues.

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ArticlesCover StorySeptember 6, 2011

Down But Not Out

After nearly 20 years of steady growth, Easterns Automotive founder Robert Bassam almost lost it all. Learn how old friends and a new business model put his operation back on track.

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ArticlesSeptember 5, 2011

Beware False Prophets of Profit

‘Da Man’ says it’s time for dealers to stop believing in the flawed logic that says it’s impossible to make a profit in today’s Internet age.

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NewsSeptember 1, 2011

J.D. Power: New-Vehicle Retail Sales Pace Slows in August

J.D. Power and Associates reported that the new-vehicle sales volume deteriorated during the second half of August due to economic woes and harsh weather conditions.

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NewsSeptember 1, 2011

Gas Prices Drive Price Surge for Smaller Used Vehicles, Edmunds.com Reports

Data analyzed by Edmunds.com revealed that consumers paid about 10 percent more for three-year-old, used compact cars in July than in January, with prices for this segment increasing 1.6 percent over the same period in 2010.

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NewsSeptember 1, 2011

Consumers Shift Focus From Savings to Paying Down Debt

Results from a poll conducted by the National Foundation for Credit Counseling (NFCC) revealed that 89 percent of consumers prefer to pay down debt than increase their savings.

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NewsAugust 30, 2011

Medallion Bank Joins AppOne Platform

Wolters Kluwer Financial Services announced that Medallion Bank is now available to marine and RV dealers through its AppOne Platform.

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NewsAugust 30, 2011

Below-Prime Originations Jump 22.4 percent in 2Q, Experian Reports

Experian Automotive reports that the below-prime segment represented 22.29 percent of all loans originated in the second quarter, up from 18.21 percent in the year-ago quarter.

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