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NewsAugust 16, 2012

Hudson Cook Partner Becomes Youngest ABA Business Law Chair

Nicole Munro, who will speak at Industry Summit 2012, begins her three-year term as the youngest chair in the history of the ABA’s Consumer Financial Services Committee.

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NewsAugust 14, 2012

Internet Killing the Test Drive, New Study Says

The test drive is becoming the Internet’s latest victim, a new study concludes, with one in 10 car buyers skipping the test drive prior to buying.

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NewsAugust 14, 2012

Ford’s Revamped CPO Program Driving 29 Percent Growth

Ford Motor Co. expects to realize 29 percent CPO growth over 2011.

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NewsAugust 14, 2012

BBB Gives Fidelity Warranty Services ‘A+’ Rating

The F&I product provider maintains its high rating and continues to meet the bureau’s accreditation standards.

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NewsAugust 14, 2012

AutoUSA’s New Website Offering Quotes Loan Payments

Dealers using the software company’s new service can provide visitors of their stores’ websites with loan payment quotes based on individual credit and inventory eligibility.

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NewsAugust 14, 2012

Global Lending Services Acquires Resurgent Auto Finance

Founded this year, the finance company secures capital from BlueMountain Capital and acquires the subprime auto finance company and its $38 million loan portfolio.

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NewsAugust 14, 2012

Dealers Urge Congress to Avoid Another Debt Crisis

The NADA and the ATD are urging members to reach out to lawmakers regarding key tax-related issues.

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NewsAugust 14, 2012

Ford Arming Dealers With iPad App

New SHOWCASE app is designed to improve the customer purchase experience by making key information, including inventory and product info, available to Ford sales consultants ‘anytime, anywhere.’

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NewsAugust 14, 2012

Maintenance Plans Drive Loyalty, Study Highlights

News study from DMEautomotive confirms that prepaid maintenance plans drive service retention, but also reveals that one in four customers still stray from the dealership while under a plan.

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NewsAugust 14, 2012

GM Bids to Reacquire Parts of Ally

GM Financial made a bid for Ally’s operations in Canada, Mexico, Europe and Latin America, a move that could more than double the captive finance company’s consolidated assets.

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