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NewsDecember 7, 2010

Carfax Selected by Top Intellichoice CPO Programs

The manufacturers with the top certified pre-owned (CPO) programs this year share at least one thing in common – they choose Carfax as their vehicle history provider.

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NewsDecember 7, 2010

Counselor Library Updates ‘F&I Legal Desk Book’

CounselorLibrary.com, the publisher of automobile financing and leasing legal compliance services, has updated its popular "F&I Legal Desk Book." The book, written by Thomas B. Hudson and the lawyers of Hudson Cook LLP, gives readers 360 things to know about auto dealer finance laws and regulations.

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NewsDecember 7, 2010

FLD Names New Director of Business Development

FLD Inc., a provider of fleet vehicle remarketing services, has named Matt Harjama as director of business development at FLD, and its sister company, ActionAssets.com. Harjama assumed the position in September.

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NewsDecember 7, 2010

Resource Automotive’s TWGConnect Drives Dealer Profits

Resource Automotive Inc., a training, consulting and financial services provider and a unit of The Warranty Group Inc., announced that TWGConnect, its proprietary online warranty management system, is now a key component of its strategy to increase dealership profitability through the use of technology.

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NewsDecember 7, 2010

KBB Launches Free App for Android

Kelley Blue Book has launched its free, interactive app for Android mobile devices, which provides Android users with car-buying and –selling information. Since November 15, the app has received more than 50,000 downloads and is currently among the top 10 free lifestyle applications.

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NewsDecember 7, 2010

Joe Verde Named Keynote Speaker for Agent Summit

Trainer and author Joe Verde will serve as opening keynote speaker for the first-ever Agent Summit, to be held in Las Vegas in March 2011.

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NewsDecember 6, 2010

CounselorLibrary Releases Risk-Based Pricing Rule Guidebook

CounselorLibrary, the publisher of automobile financing and leasing legal compliance services, has launched its newest publication, “Dealer Compliance Guide - Risk-Based Pricing,” for dealers.

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NewsDecember 6, 2010

Columbus Finance Increases Advance for NIADA CPO Vehicles

Columbus Finance Inc. said it will provide an additional 10 percent advance, up to $1,000, on vehicles with the National Independent Automobile Dealers Association (NIADA) certified pre-owned warranty. In addition, customers will receive 1 percent off of CFI’s program rates.

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NewsDecember 2, 2010

Transaction Prices Fall; Incentives Up for November

TrueCar.com estimated that the average transaction price for light vehicles in the United States was $29,136 in November, down $735 (2.5 percent) from November 2009 and down $435 (1.6 percent) from October 2010.

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NewsDecember 2, 2010

November Incentives Down Nearly 10 Percent Since 2009

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,470 per vehicle sold in November, up $31, or 1.3 percent, from October 2010, but down $255, or 9.4 percent, from November 2009.

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