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NewsAugust 21, 2012

Used Prices Could Fall by 3 Percent in September, the NADA Reports

Used-vehicle pricing is following seasonal patterns and could drop another 3 to 3.5 percent next month behind rising incentive spending and dealers prepping for new arrivals, the NADA reports.

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NewsAugust 21, 2012

Manheim Launches Learning Website for Dealers

The learning site doesn’t require users to log in, allowing non-Manheim customers to take advantage of this new educational resource, which teaches and provides overviews of the firm’s products and services.

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NewsAugust 21, 2012

Calif. Used-Car Dealer Convicted of Felony Sales Tax Evasion

A former used-car dealer was convicted to four years and eight months in state prison in connection with a scheme to evade paying sales taxes.

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NewsAugust 16, 2012

Delinquencies, Repossessions Drop in Q2, Experian Automotive Reports

Consumers continued to make their auto loan payments on time in the second quarter, with 30- and 60-day delinquencies falling to historic lows.

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NewsAugust 16, 2012

Wells Fargo Expands GM Relationship, Eyes Other Automakers

Wells Fargo officials told Bloomberg that it would like to expand its relationship with General Motors. A bank official also said the company is interested in expanding its offerings to other automakers.

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NewsAugust 16, 2012

[Video] Tip of the Week: How Compliant Is Your Presentation?

United Development Systems’ Gerry Gould gets a little controversial in his newest Tip of the Week. The director of training for United Development Systems talks transparency, ethics and the different between a noncompliant and compliant presentation.

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NewsAugust 16, 2012

Report Claims BMW Included Demo Sales in July Totals

BMW used demo sales to boost its July sales numbers in order to gain a competitive edge with Mercedes-Benz, The Wall Street Journal reported this week.

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NewsAugust 16, 2012

Veritas Insurance Launches New Website

The provider of insurance for recreational vehicles has launched a newly redesigned website. Company officials said the change was made to promote all of its insurance offerings.

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NewsAugust 16, 2012

Software Developers Collaborate on Dealer Smartphone App

Quantech announced that it has integrated its CRM/lead management solution with Advanced Mobile Apps’ smartphone app.

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NewsAugust 16, 2012

NAFCU Names VantageScore ‘Preferred Partner’

VantageScore becomes the only credit score developer to be name a preferred partner by the credit union association.

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