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F&I•by Staff•October 19, 2010

Dealership’s Phony Five-Star Reviews Under Fire

A BMW dealership in San Antonio, Texas, was caught with fake online reviews after an investigation by a local television station revealed they came from a paid service.

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F&I•by Staff•October 19, 2010

Western Funding Acquired by Former SeaWest Chief

Auto Dealer Monthly reported in a Monday blog post that Western Funding Inc., an independent finance company since its founding nearly 50 years ago, was sold to the former operators of SeaWest Financial Corp. The sale was reportedly completed on Oct. 15.

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F&I•by Staff•October 19, 2010

Ally Financial Declares Dividends on Preferred Stock Issued to U.S. Treasury

The Ally Financial Inc. Board of Directors today said it declared quarterly dividend payments for certain outstanding preferred stock issued to the U.S. Department of the Treasury on Dec. 30, 2009.

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F&I•by Staff•October 19, 2010

Chase Hires Randy Beil to Head Vehicle Remarketing

Chase has named industry veteran Randy Beil as vice president and national manager of its vehicle remarketing group. His team is responsible for selling repossessed and off-lease vehicles to consumers and through dealer, Internet and auction channels.

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F&I•by Staff•October 18, 2010

Special Finance Coach Launches 'Pre-Tax Time' Webinar Series

Special Finance Coach Rob Hagen will offer a free “Pre-Tax Time” Webinar series starting Thursday to help special finance and buy-here, pay-here operations prepare for tax season.

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F&I•by Staff•October 18, 2010

Social Media Experts Launches Weekly Radio Show

Next Generation Dealer Services (NGDS), a provider of social media services, has started a weekly online radio show to address issues dealers are facing in social media. The show airs live every Wednesday from 11:30 a.m. to 12:30 p.m. EST.

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Compliance•by Staff•October 18, 2010

National Credit Center Integrates With VIN Solutions CRM

National Credit Center, a provider of credit reporting and credit compliance solutions, has entered into an integration agreement with VIN Solutions, a customer relationship management and Internet lead management company.

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F&I•by Staff•October 18, 2010

Penske Automotive Launches PenskeCars.com

Penske Automotive Group has launched PenskeCars.com, a Website where consumers can view and compare nearly 25,000 new, certified and pre-owned vehicles representing more than 40 brands sold at Penske Automotive Group retailers across the country.

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F&I•by Staff•October 13, 2010

Dealer.com Launches New Service Marketing Package

Dealer.com, a provider of online marketing solutions, has launched the “Service Marketing Package,” an automated solution that delivers service content for dealers’ Websites.

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Auto Finance•by Staff•October 12, 2010

SBA Dealer Financing Program Gets Enhancements

Enhancements made possible by the passage of the Small Business Jobs Act have been implemented into a variety of programs operated by the U.S. Small Business Administration (SBA). Among the programs benefiting from the bill is the agency’s dealer financing program.

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