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NewsJuly 30, 2013

MaximTrak Report: eMenu Dealers Boost F&I Penetration and PVR

A new e-Book from MaximTrak shows that F&I managers who use its eMenu technology are boosting product penetration and PVR.

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NewsJuly 30, 2013

TFS’ Borst to Retire, New President and CEO Named

Toyota Financial Services’ president and CEO George Borst announced his retirement. Stepping into his role will be Mike Groff, who will officially take over as CEO and president on Sept. 30.

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NewsJuly 30, 2013

CAR-Research XRM Hires VP of Sales

Jeff Loos, formerly of VinSolutions, will provide new marketing and advertising strategies to enhance and modernize CAR-Research XRM’s CRM and dealer marketing system.

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NewsJuly 30, 2013

J.D. Power: Lender Support Fuels Sales Increases

For the second consecutive year, BMW Financial Services ranked highest in leasing and Mercedes-Benz Financial Services ranked highest in floor planning in J.D. Power’s annual U.S. Dealer Financing Satisfaction Study, which also noted increased adoption of e-contracting technologies.

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NewsJuly 30, 2013

MPi Launches New Website

MPi unveiled its updated website with refreshed design and features for auto dealers.

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NewsJuly 30, 2013

Equifax: Delinquency Rates, New Credit Improving

Equifax's latest report on national consumer credit trends finds that delinquency rates for auto loans decreased more than 11 percent year over year, while new credit climbs to an eight-year high in the opening quarter of 2013.

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NewsJuly 30, 2013

GM Financial Prepares for 'CFPB Exam'

Officials say they don’t expect the CFPB’s targeting of dealer participation to impact the company’s economics. They also offer updates on the company’s roll out of a prime product and its acquisition of Ally Financial’s international business units.

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NewsJuly 30, 2013

US Equity Advantage Adds to Team

Rick Christopher joins US Equity Advantage as the regional account manager for the Southeast.

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NewsJuly 25, 2013

Disabled Man Says Dealer Sold Him Deadly Car

A disabled man claims that after taking the vehicle back to Marietta Auto Mall Center to have an oil leak fixed, the car he bought started smoking and burst into flames two miles down the road.

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NewsJuly 25, 2013

Q2 PRU Averages Eclipse $1,300 for Some Public Groups

Dealer group execs showcase big gains in average PRUs, say they're prepared for whatever action the CFPB takes with respect to dealer participation.

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