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Monthly default rates across all credit lines declined in January, according to the Standard & Poor’s and Experian's Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults.
Read More →Auto industry veteran Joe Jankowski has launched Armada Business Solutions, a company that aims to help measure, manage and improve productivity at dealerships. Armada will assist dealers nationwide in centralizing their accounting, human resources and benefits administration.
Read More →Dataium LLC, an aggregator of automotive shopping behavior, said its Auto Shopper Intensity (ASI) Index continued an upward climb in January from its low in September.
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February new-vehicle retail sales are expected to remain strong, despite being a historically slow time of year for vehicle sales, according to J.D. Power and Associates.
Read More →General Motors and Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc., today unveiled a new awards program honoring top performing U.S. regional and national GM dealers and distributors.
Read More →The e-contracting arms race involving F&I menu and product providers and the perceived bias finance sources showed toward aftermarket F&I products will take center stage at the first annual Agent Summit, organizers of the two-day event announced today.
Read More →Expanding its portfolio of world-class vehicle data and digital retailing solutions, DealerTrack Holdings Inc., announced Feb. 16 the acquisition of Polk’s U.S. Price and Spec Business, including Polk’s popular Vehicle Comparator Service. The newly acquired business will be merged into DealerTrack’s subsidiary, Chrome Systems Inc.
Read More →Vehicle Acceptance Corporation (VAC), a buy-here, pay-here (BHPH) payment stream lender, is expanding its relationship with iMETRIK Automotive Solutions by joining the company’s “Pay Share” program.
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Venchurs Inc. has launched the XPLORE Adventure Series, a specialty vehicle program dedicated to supporting national parks in the United States. The program is available at participating new-car dealerships nationwide.
Read More →Provider Exchange Network (PEN), a division of Open Dealer Exchange LLC, has announced integration with The Impact Group Inc.
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