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NewsNovember 30, 2010

Leslie Nielsen’s Runaway Car Video Still a Classic

Fans of actor Leslie Nielsen, who died Sunday at the age of 84, are following USA Today blogger Chris Woodyard to YouTube this week.

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NewsNovember 30, 2010

10 New Models Destined to be Classics

There is no better selling point than being able to tell customers that the vehicle they’re interested in might have what it takes to become a collector car of tomorrow. Hagerty Insurance Agency is helping dealers do just that with its 2011 “Hagerty Hot List,” an annual rundown of new vehicles that could one day be sought-after vehicles by collectors.

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NewsNovember 30, 2010

Right Time to Buy for Three-Year-Old Vehicle Owners, Say Edmunds

Recent trends in interest rates and used-car values make this a good time for dealers to contact their customers who are driving three-year-old vehicles to see if they are interested in lowering their monthly payments.

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NewsNovember 30, 2010

Buyer Concerns for Electric Vehicles Detailed in New Study

Only seven percent of car shoppers say they are likely to consider an electric vehicle for their next new-vehicle purchase or lease, according to a Kelley Blue Book Market Intelligence study on electric vehicles.

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NewsNovember 30, 2010

Dodd-Frank Act, New Protection Bureau to Dominate Concerns in 2011

Coping with the uncertainty of the Dodd-Frank Act and its newly-formed Consumer Financial Protection Bureau (CFPB) will be among U.S. financial institutions’ foremost concerns in 2011, according to the experts at Wolters Kluwer Financial Services.

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NewsNovember 29, 2010

Finance Express Adds E&S Funding to Lender Platform

Finance Express, a provider of Web-based financial services and technology for independent dealers, has added E&S Funding LLC to its lender platform.

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NewsNovember 29, 2010

Crescent Bank Integrates With Open Dealer Exchange

Open Dealer Exchange LLC has formed an agreement with Crescent Bank & Trust (CB&T) to integrate the lender directly within the dealer management system (DMS) during the loan approval process.

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NewsNovember 29, 2010

Seasonal Sales Decrease in November Keeps Sales Pace at 12.2 Million

This month's new-car sales (including fleet sales) are expected to be approximately 865,500 units, a 17 percent increase from November 2009 but a 8.1 percent decrease from October 2010, according to Edmunds.com.

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NewsNovember 23, 2010

First Details Emerge for Agent Summit

Sources close to both organizations are reporting that F&I and Showroom and Agent Entrepreneur’s collaborative effort to launch an agents-only conference is nearing fruition.

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NewsNovember 23, 2010

Chrysler ‘Showcase’ Dealership Set to Open in Downtown Los Angeles

Visitors to this year’s L.A. Auto Show were treated to the debut of a number of new models and concept vehicles in the cavernous confines of the Los Angeles Convention Center. A few blocks to the south, another attraction awaited visitors: a “showcase” dealership that will house all four of Chrysler LLC’s vehicle brands, as well as a Mopar-branded service center and a FIAT franchise.

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