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NewsJuly 22, 2015

Ally Renews Exclusive Sponsorship of TIME Dealer of the Year

Ally Financial has renewed its exclusive sponsorship of the TIME Dealer of the Year program through 2021. Nominations for the 2016 program are now open.

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NewsJuly 22, 2015

AskPatty.com Relaunches Certified Female Friendly Program

AskPatty.com has re-launched its Certified Female Friendly Program with a new focus on marketing consultation for automotive retailers. The company has also added a dealer division.

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NewsJuly 21, 2015

Department of Defense Issues Final Military Lending Act Rule

Today, the Defense Department issued a final rule that expands the types of credit products covered by the 36% rate cap and other military-specific protections under the Military Lending Act.

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NewsJuly 21, 2015

Millennials Prefer Leasing, Edmunds Finds

Millennial car buyers are leasing vehicles at a higher rate than the overall car-buying population, according to analysis from Edmunds.com.

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NewsJuly 21, 2015

GSFSGroup Earns Third-Straight Dealers’ Choice Award

For the third straight year, GSFS Group was selected by readers of Auto Dealer Monthly as one of the best reinsurance product providers.

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NewsJuly 21, 2015

Former TrueCar Exec Joins The Appraisal Lane

Former TrueCar executive Ken Potter has joined The Appraisal Lane, a new used-car trade network and communications platform being rolled out to dealers in select markets.

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Newsby Brittany-Marie SwansonJuly 21, 2015

Sonic Cautious About CFPB, But Revs Up Hybrid F&I Push

Sonic executives said the company is delaying plans to launch a captive finance company in light of the CFPB’s recent settlement with Honda Finance. But the group has given the go-ahead for the first phase of its much-delayed hybrid sales process.

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NewsJuly 21, 2015

F&I Express Releases Compliance Tool for F&I Product Pricing

With F&I products likely to draw the CFPB’s attention, F&I Express’s new CompliPrice designed to help dealers ensure profits made on the sale of F&I products are compliant with their stores’ pricing policies.

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NewsJuly 17, 2015

CFPB Deputy Director Steve Antonakes Steps Down

After nearly five years with the CFPB, Deputy Director Steve Antonakes is stepping down from his position as the bureau’s No. 2 official to spend more time with his family.

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NewsJuly 16, 2015

Spireon Targeting Dealer Market With Inilex Acquisition

With its acquisition of Inilex, Spireon plans to market the company's flagship GPS tracking service to the automotive retail market. Officials said dealers will be able to upsell the system's vehicle-recovery services and other add-on consumer applications that rely on GPS-tracking technology.

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