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Auto Financeby StaffAugust 16, 2019

Lease Swap Approval Rates Rise to 69.1% in July

Lease approval ratings improved in July following a slight dip in June, according to the latest report from Swapalease.com.

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F&Iby StaffAugust 16, 2019

MBPI Adds MBP ID Fraud Solutions

MBPI has added a product designed to offer identity protection to consumers during the F&I process.

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F&Iby StaffAugust 15, 2019

EFG Adds Service Contract for EV Buyers

EFG Companies announced the launch of Motorist Assistance Plan, an exclusionary vehicle service contract designed specifically for buyers of electric vehicles.

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F&Iby StaffAugust 14, 2019

Johnson Joins Axiom Leadership Team as EVP

Axiom has named F&I industry veteran Susan Johnson as executive vice president in charge of full-cycle product development and administration initiatives.

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Showroomby StaffAugust 14, 2019

Survey: Youngest Car Buyers Visit Most Dealerships

Members of Generation Z reported visiting an average of 3.8 dealerships on their car-buying journey in an Urban Science poll, which found the majority of U.S. consumers still lean on dealerships for critical information — and test-drives.

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Auto Financeby StaffAugust 14, 2019

JDP: Frontline Finance Reps Key to Dealer Relations

J.D. Power’s latest U.S. Dealer Financing Satisfaction Study finds knowledgeable and empowered bank and finance company personnel are critical to building successful relationships with dealers and F&I professionals.

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Showroomby StaffAugust 14, 2019

AutoNation’s Blackwell Joins NuVinAir as SVP

NuVinAir Global has named former AutoNation and CarMax executive Troy Blackwell senior vice president of global operations.

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Showroomby StaffAugust 13, 2019

TradeRev Adds Two Midwest Markets

TradeRev has brought its digital-driven dealer-to-dealer auction platform to Kansas City and Minneapolis, continuing a nationwide expansion.

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Showroomby Tariq KamalAugust 13, 2019

Days’ Supply Hits 71 on Weaker Sales

The latest report from the Automotive News Data Center finds U.S. franchised dealers were sitting on nearly 3.8 million new units as of Aug. 1, a 27-year high.

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Complianceby Tariq KamalAugust 13, 2019

Va. Parts Manager Faces 20 Years for Embezzlement

A former dealership employee was accused of systematically scrapping nearly $250,000 worth of catalytic converters and selling them to a recycling center for pennies on the dollar.

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