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Digital•by Staff•March 23, 2011

CARFAX Mobile App Launches on Android Market

CARFAX launched the Android version of its free ‘CARFAX for Dealers’ mobile application, which follows the launch of the same app for the iPhone and other Apple devices. The new release provides dealers using most Android-based mobile devices with access to the company’s CARFAX account anytime, anywhere to evaluate used cars.

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Auto Finance•by Staff•March 22, 2011

Dealers Issues, New Strategies Take Spotlight at Inaugural Agent Show

More than 200 general agents and product providers convened at the Las Vegas Hilton from March 8-9 for Agent Summit 2011, more than outpacing organizers’ attendance expectations for the inaugural event.

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Compliance•by Staff•March 22, 2011

Hudson Cook LLP to Participate in FTC Roundtable Event

Tom Hudson and Michael Benoit, attorneys with Hudson Cook LLP and the magazine's Legal columnists, have been invited to serve as panelists at the Federal Trade Commission's first public roundtable to discuss consumer protection issues related to the sale, financing and leasing of cars, SUVs and light trucks.

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Auto Finance•by Staff•March 21, 2011

NADA University Launches Website Featuring “Dealer Pain Points”

NADA University, an online education and training resource for auto dealers and their staffs, announced the launch of a new Website, www.NADAuniversityblog.com, featuring its “Dealer Pain Points” videos to help dealers resolve business challenges and create new opportunities for success.

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Auto Finance•by Staff•March 21, 2011

Michigan First Credit Union Launches Car Purchasing Website

Michigan First Credit Union today announced the launch of its "Member Showroom," a full service Website that allows consumers to complete the entire car purchasing process.

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Auto Finance•by Staff•March 17, 2011

Westlake Portfolio Reaches $1 Billion Milestone

Westlake Financial Services’ portfolio reached $1 billion dollars in total receivables, with over 150,000 accounts as of March 11, 2011.

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Auto Finance•by Staff•March 17, 2011

Auto Industry Migrating to FICO 8 Auto Score

FICO announced that the auto industry is simultaneously migrating to the FICO 8 Auto Score, with most lenders expected to complete the adoption process by May.

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Auto Finance•by Staff•March 17, 2011

KBB Study Shows New-Car Shoppers Plan to Research Finance Options Online

According to a new Kelly Blue Book Market Intelligence Survey, 64 percent of new-car shoppers say they plan to research their financing options on the Web. The vehicle information site also announced that it has entered into exclusive partnerships with Bank of America and Autobytel Inc.'s Car.com to offer prime and subprime financing to visitors of KBB.com.

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Auto Finance•by Staff•March 15, 2011

March Opens With Better Floor Traffic, Strong Closing Ratio, Reports CNW

An increase in floor traffic and a strong closing ratio indicate that new-vehicle sales in March will improve 11 percent from the year-ago period, according to CNW’s Retail Automotive Summary.

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Auto Finance•by Staff•March 15, 2011

Fitch: Rising Gas Prices Not a Concern for Auto ABS

Rising gas prices are likely to have a limited impact on U.S. auto loan and lease asset-back securities (ABS) performance, particularly compared to 2008 — when the price of regular grade gasoline spiked to nearly $4.15 a gallon, according to Fitch Ratings.

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