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NewsJuly 23, 2013

1.2 Million Buy Used Instead of New

The Great Recession is still weighing heavily on how consumers shop for vehicles, as new-vehicle intenders continue to make the switch to used. It’s a trend automakers should continue to fuel, CNW predicts.

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NewsJuly 18, 2013

Calif. Dealer Thanks Vets, First Responders

Temecula, Calif.-based Paradise Chevrolet Cadillac hands out $50 dinner cards to military personnel and first responders.

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NewsJuly 18, 2013

Women Better Negotiators Than Men, Study Concludes

Research from the Kellogg School of Management finds that women tend to pay more for repairs, but the study also reveals that women are better negotiators.

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NewsJuly 18, 2013

RoadVantage Adds to Executive Team

The company celebrates its two-year anniversary by announcing two expansion moves aimed at fueling the company’s continued growth.

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NewsJuly 9, 2013

Improving Employment Fueling Return to Normal for Used-Vehicle Market

Wholesale prices continued to return to normal levels in the first half, which Manheim attributed to an improving employment picture and rising new-vehicle sales.

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NewsJuly 9, 2013

Private Equity Money Could Fuel Higher Credit Losses for Subprime Auto

Moody’s notes a gradual weakening of credit in its report on the subprime auto ABS market, but the credit rating agency believes private equity money flowing into the market could intensify competition and cause higher credit losses.

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NewsJuly 2, 2013

June Used-Vehicle Sales Up, Transactions Prices Down, CNW Reports

Franchised dealers are expected to realize a 3.35 percent increase in used-vehicle sales, while independents should be up 3.82 percent, CNW said today.

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NewsJune 27, 2013

Deadline to Submit F&I Dealer of the Year Nominations Is This Friday

The deadline to submit a nomination for the 2013 F&I Dealer of the Year award is this Friday. The award will be handed out on Sept. 17 at Industry Summit 2013.

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NewsJune 13, 2013

Deadline for 2013 F&Idol Contest Is This Friday

The deadline to submit entries for the 2013 F&Idol contest is this Friday, August 9. On the line is $3,500 in cash, as well as a trip to Industry Summit 2013.

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NewsMay 23, 2013

NADA: Rental Car Bill Could Cause Headache for Dealers

The NADA’s Peter Welch warned lawmakers this week that a bill concerning rental car recalls could subject dealers to new federal inspections, reporting requirements and penalties.

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