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NewsMay 31, 2012

Westlake Now in All 50 States

The full-spectrum finance source will officially enter the Massachusetts market on June 1, and is already signing up dealers in that state.

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NewsMay 31, 2012

Safe-Guard Names New CFO

The F&I product provider announced it has added a former Ford Credit exec to its executive team.

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NewsMay 31, 2012

Incentives Tick Up in May, Edmunds Reports

Manufactures increased their incentive spend per vehicle by 3.9 percent in May. The increase comes one month after spending hit its lowest level in almost seven years.

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NewsMay 29, 2012

NADA to Appeal Risk-Based Pricing Decision

The NADA says it will appeal a U.S. district court's decision to uphold the FTC’s interpretation concerning the scope of the Risk-Based Pricing Rule.

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NewsMay 29, 2012

OnlineBKManager Announces New Upgrades

OnlineBKManager.com announces upgrades and new features for it Money Back Guaranteed system.

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NewsMay 29, 2012

Fitch: Profitable Dealerships Elevate Floorplan ABS

Rising auto sales are strengthening the already-solid performance of dealer floorplan ABS, Fitch Ratings reports.

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NewsMay 29, 2012

Credit Scores Approach Pre-recession Levels in Q1, Experian Reports

Not only did finance sources finance more customers with lower credit scores, they lowered interest rates and extended terms to help fuel vehicle sales.

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NewsMay 29, 2012

Tech Companies Team Up to Protect Dealer Networks

Helion Technologies has partnered with Milton Security Group to provide new-car dealers with added network security and protection of customer data.

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NewsMay 29, 2012

Team One, OptionSoft Sign F&I Tech Deal

New deal will allow users of Team One’s Package Option process to access OptionSoft’s DMS integration, reporting and analysis tools, and mobile F&I solutions.

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NewsMay 29, 2012

DealerRater Adds Industry Veteran to Exec Team

DealerRater announced that Larry Cochran has joined its management team as senior vice president of Dealer Products and Services.

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