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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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NewsJanuary 3, 2011

Consumer Bankruptcy Filings Increase 9 Percent in 2010

U.S. consumer bankruptcies increased 9 percent nationwide in 2010 from the previous year, according to the American Bankruptcy Institute (ABI).

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NewsJanuary 3, 2011

700Credit Releases Risk-Based Pricing Solution

700Credit LLC, a provider of credit reporting and compliance products and services, has launched a solution to help dealers comply with the new Risk-Based Pricing Rule, which went into effect on Saturday, Jan. 1.

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NewsJanuary 3, 2011

GWC Warranty, Tidewater Forge Partnership

GWC Warranty Corporation (GWC), a provider of service contracts to independent and franchised dealers, and Tidewater Motor Credit (TMC), a subprime auto finance lender, have formed a new partnership.

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NewsJanuary 3, 2011

Fortegra Financial Acquires Auto Knight Motor Club

Fortegra Financial Corporation has acquired the Palm Springs, Calif.-based Auto Knight Motor Club Inc.,

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ArticlesJanuary 1, 2011

Direct Mail Mounts a Comeback

Mailers were the first line item scratched from many dealers’ advertising budgets during the downturn. Marketing ace says it’s time to add them back.

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Articlesby Gregory ArroyoJanuary 1, 2011

Getting Resourceful

The magazine catches up with The Warranty Group’s Michael Frosch to discuss F&I, automotive retailing and the road ahead.

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ArticlesJanuary 1, 2011

Doors Open for Below-Prime Buyers

In the third quarter, subprime originations increased for the first time since the credit crisis. F&I’s auto finance analyst breaks down the results.

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