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NewsApril 16, 2009

Harley-Davidson Reports 1Q Loss, Continues to Support Finance Division

Harley-Davidson Inc. reported decreased revenue and net income for the first quarter of 2009 compared to the year-ago period.

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NewsApril 14, 2009

More Than 700,000 Credit Applications Rejected in 1Q, Says CNW

Despite sales being off by nearly 40 percent from the first three months of last year, credit-application rejections increased 329 percent from the same period last year, according to CNW Research.

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NewsApril 14, 2009

Wachovia Dealer Services Joins Wolters Kluwer's AppOne Platform

AppOne, a part of Wolters Kluwer Financial Services, announced today that Wachovia Dealer Services, a Wells Fargo Company, has joined the AppOne platform.

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NewsApril 13, 2009

RouteOne and DealerCentric Integration Eases Online Credit App Process

RouteOne LLC announced last Friday it completed integration with DealerCentric, a software provider for auto dealers.

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NewsApril 9, 2009

Average Interest Rate Falls to 3.17 Percent, Reports Federal Reserve

The average interest rate for new-car loans dropped sharply in February, while the amount financed increased, according to the latest Federal Reserve Statistical Report.

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NewsApril 9, 2009

Westlake Financial Enters Louisiana Market

Westlake Financial Services announces its expansion into the Louisiana market, bringing the number of states it operates in to 36. Contracts for Louisiana will be accepted starting April 20, 2009.

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NewsApril 9, 2009

Automotive Banking Solutions Launches Subprime Credit Portal

Dealer consulting and services provider Automotive Banking Solutions has launched a new credit portal designed specifically to connect dealers with financing sources for credit-challenged customers.

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NewsApril 8, 2009

Ducati Launches Finance Offer on Superbikes

To capture the momentum and excitement of the new 1198 Superbike, Ducati’s early lead in WSBK and its return to American Superbike racing, Ducati North America is launching a new retail finance program for its open class Superbikes in the United States.

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NewsApril 7, 2009

Ford Reduces Debt by $9.9 Billion; Liquidity Remains a Concern

Ford Motor Company announced Monday the completion of debt restructuring initiatives that will reduce its debt by $9.9 billion from $25.8 billion. The move was viewed as a positive step, although ratings agencies believe Ford’s fundamental business risks remain unchanged.

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NewsApril 7, 2009

Dow Louisiana Federal Credit Union Joins Wolters Kluwer AppOne Platform

AppOne, a part of Wolters Kluwer Financial Services, announced Monday that Dow Louisiana Federal Credit Union (DLFCU) is the first lender to join AppOne’s credit union platform.

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