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NewsAugust 24, 2012

Price Negotiation Worst Part of Buying Process, Survey Says

Results of a survey conducted by CarFinance.com shows that consumers hate new-car negotiations the most. As for the F&I process, getting the lowest possible interest rate is most important.

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NewsAugust 24, 2012

Automotive Avenues Gets New COO

David Lindsey, former president of CRIF Lending Solutions, has joined Automotive Avenues as its new COO.

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NewsAugust 24, 2012

OnlineDrive Completes First Round of Funding, Grows Advisory Board

Business leaders Geoff Holmes and Bob Morgado join OnlineDrive’s advisory board. The company specializes in behavioral and target marketing.

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NewsAugust 24, 2012

Exeter Finance Continues Expansion

To accommodate its growing number of employees, Exeter Finance opened a new servicing center in Irving, Texas.

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NewsAugust 21, 2012

Downey to Talk BHPH Software at 2012 Subprime Conference

The executive with Automaster will lead a panel discussion on how best to employ buy-here, pay-here software. The session will feature dealers experienced in the use of the latest BHPH software offerings.

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NewsAugust 21, 2012

Industry Summit to Provide Update on Digital Compliance, the Dodd-Frank Act

The Association of Financial & Insurance Professionals’ David Robertson and Hudson Cook’s Nikki Munro will lead two separate compliance sessions aimed at getting attendees up to speed on Internet sales compliance and the Dodd-Frank Act.

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NewsAugust 21, 2012

TransUnion: Auto Delinquencies Fall to Record Low for Second Straight Quarter

Despite growing auto debt, the majority of states and cities are experiencing declines in their auto delinquency rates, which fell to a new low for the second consecutive quarter.

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NewsAugust 21, 2012

Dealer.com Acquires hearforward to Expand Social Media Services

The online marketing firm expects to beef up its social media offerings with its acquisition of hearforward on Aug. 17. Terms of the deal were not disclosed.

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NewsAugust 21, 2012

Auto Dealer M&A Activity Declines

A new report indicates that merger-and-acquisition activity among public dealer groups dropped 55 percent in the first half of 2012.

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NewsAugust 21, 2012

RouteOne Enhances iPhone App

The firm’s iPhone app can now forward ‘sent’ applications to new finance sources, allows for secure text communication between the dealer and finance source, calculates payoff quotes and captures leads.

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