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NewsOctober 3, 2013

Former Dealer Bucky Harris Dies at 87

Famed for his advertisements in which he declared “noooobody” could beat his prices, former owner of Fresno Dodge Norman “Bucky” Harris passed away in his home last week.

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NewsOctober 3, 2013

Tesla Makes Headway in Virginia

Tesla Motors has reached an agreement with the state that will pave the way for the company to sell vehicles at a location in Northern Virginia.

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NewsOctober 3, 2013

Dealertrack Completes Acquisitions of CFM, VINtek

Dealertrack has completed its acquisitions of CRM-provider Customer Focused Marketing Inc. and VINtek. The agreements were announced in August and September, respectively.

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NewsOctober 3, 2013

Dent Wizard Hires Regional F&I Director

Sonny Mondia will manage the F&I product provider’s Midwestern U.S. region, as well as the Canadian market. He will report to Dent Wizard’s National F&I Director Aaron Cooper.

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NewsOctober 3, 2013

September’s SAAR Second Lowest of 2013

Manufacturers attribute the drop in the SAAR to fewer selling days in September and Labor Day sales being included in August sales totals. One manufacturer attributes the drop to troubles in Washington, D.C.

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NewsOctober 1, 2013

AFS Acceptance Names New President

AFS Acceptance announced the promotion of Scot Seagrave to president of the company.

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NewsOctober 1, 2013

September Used-Vehicle Sales Up 3.9 Percent, CNW Reports

Despite fewer shoppers, used-vehicle sales were up 3.9 percent. Leading the way were franchised dealers, which retailed 5.44 percent more used vehicles than a year ago.

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NewsOctober 1, 2013

Ally Appoints New CFO

The company’s current corporate treasurer, Christopher Halmy, will step into the role in November, as CFO James Mackey leaves to pursue other opportunities.

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NewsOctober 1, 2013

Two-Thirds of Dealers Increased Charitable Giving in 2013

Nearly 65 percent of dealers surveyed by Ally Financial and the NADA have increased donations and volunteerism this year.

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NewsOctober 1, 2013

Equifax: Auto Loan Balance Hits 5-Year High

The balance of auto loans in August increased 9.7 percent from last year, rising from $760.8 billion to $834.4 billion, according to Equifax’s National Consumer Credit Trends Report.

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