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NewsMay 31, 2011

More Subprime Customers Get Financing in Q1, Reports Experian Automotive

Experian Automotive’s quarterly analysis of the auto finance marketplace showed that lenders are warming up to the below-prime segment, with shares of loans to credit-challenged vehicle shoppers increasing by 11.1 percent in the first quarter of 2010.

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NewsMay 31, 2011

Distracted-Driving Laws Create Opportunity for Vehicle Makers, Dealers

As state and local governments continue enacting distracted-driver laws, consumers are increasingly looking for technology solutions to legally and safely make calls, get directions or check email while driving, according to the J.D. Power and Associates 2011 U.S. Automotive Emerging Technologies Study.

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NewsMay 31, 2011

CAR-Research XRM Updates Service Manager CRM Module

CAR-Research XRM, a single-source CRM solution branded as, “XRM, Exceeding CRM,” today announced that it has released an updated version of its Service Drive Control Manager.

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NewsMay 31, 2011

Most 2011 Models Fail New Fuel Economy Rating

The good news is the new fuel economy labels are designed to help consumers who are looking for more fuel-efficient vehicles. The bad news is applying the ratings to 2011 models shows the majority of vehicles get a rating of 6 or less.

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NewsMay 24, 2011

Mosley Kicks Off New Seminar Series in Florida

Mosley Automotive Training is kicking off a new sales seminar series for automotive sales professionals next month in Florida. Called “Control Your Sales Destiny,” the one-day event will be led by Cory Mosley, celebrated trainer and Sales Driver columnist for F&I and Showroom magazine.

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NewsMay 24, 2011

Chrysler Group Repays U.S. and Canadian Government Loans in Full

Chrysler Group LLC today announced the repayment of $7.6 billion in outstanding U.S. and Canadian government loans following the completion of new refinancing transactions.

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NewsMay 23, 2011

KBB Offers Free 30-Day Trial of Quick Values Portal

Kelley Blue Book is offering dealers and other industry service companies a free, no-obligation, 30-day trial of its newest valuation product Quick Values.

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NewsMay 23, 2011

NADA: Trade-In Values for Used Cars Expected to Rise in June

Trade-in values of small cars, such as the Ford Focus, Honda Civic and Toyota Corolla, are expected to rise more than 30 percent year-over-year in June, says Jonathan Banks, senior analyst with the NADA Used Car Guide.

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NewsMay 23, 2011

FordDirect Names Stacey Coopes CEO

FordDirect, a joint venture between Ford Motor Company and its franchised dealers, announced Monday the appointment of Stacey Coopes as CEO.

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NewsMay 18, 2011

JM Family Announces Two Executive Promotions

JM Family Enterprises Inc. announced the promotion of Carmen Johnson to executive vice president of JM Family, and Dan Chait to senior vice president of subsidiary World Omni Financial Corp.

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