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NewsJanuary 11, 2011

Early January Returns Point to 12.6 million Year, CNW Reports

Sales through the first nine days of January indicate that auto sales could top 800,000 units for the month, an increase of about 18 percent from last year, reported CNW Research.

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NewsJanuary 11, 2011

Compli, Crowe Horwath LLP Launch Accounting and Tax e-Counsel Service

Compli, a provider of human resources and compliance management solutions, announced that Crowe Horwath LLP will provide advice through Compli’s Accounting and Tax e-Counsel service.

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NewsJanuary 11, 2011

NABD Launches Training Academy

The National Alliance of Buy Here, Pay Here Dealers (NABD) has announced the launch of a two-day BHPH training academy. The event will be held May 16-17 at the Venetian Resort and Casino in Las Vegas.

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NewsJanuary 11, 2011

MediaTrac Offers Free e-Book on Customer Loyalty Programs

MediaTrac LLC, a marketing technology company for auto dealers, has released a new e-book to shed light on what drives successful and profitable customer loyalty programs.

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NewsJanuary 11, 2011

DealerTrack Acquires Title Management Company

DealerTrack Holdings Inc. has acquired auto title management provider triVIN, the company announced on Monday. DealerTrack will pay approximately $131 million, net of any cash acquired, and the transaction will be financed with existing cash.

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NewsJanuary 11, 2011

Auto Incentives Down to Pre-Recession Levels in December

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. market was $2,528 per vehicle sold in December 2010, up $64, or 2.6 percent, from November 2010, but down $26, or 1.0 percent, from December 2009.

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NewsJanuary 10, 2011

Kia, OneCommand Launch New Service Reminder Program

Kia Motors America (KMA) and OneCommand have launched the Kia Owner Retention Experience (KORE), an automated, multi-channel marketing solution Kia dealers can use to increase buyer loyalty.

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NewsJanuary 4, 2011

Road to Recovery Began in 2010, But Concerns Remain

Despite three automakers reporting sales gains and the world’s largest retail association predicting that December will see the biggest increase in spending since 2006, the Conference Board reported that consumer confidence dipped in the year-end month for the first time in two months.

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NewsJanuary 4, 2011

Edmunds.com Reports 2010 Auto Industry Trends

Reflecting on 2010, Edmunds.com said the industry experienced another year of ups and downs. The automotive information site also highlighted the key trends from last year.

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NewsJanuary 4, 2011

Transaction Prices Fall, Incentives Increase for December

TrueCar.com estimated today that the average transaction price for light vehicles in the United States was $29,358 in December 2010, down $276 (0.9 percent) from December 2009 and down $95 (0.3 percent) from November 2010.

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