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Showroomby Tariq KamalMarch 29, 2019

‘Feuding’ Industry Unites to Fight Auto Tariffs

Bloomberg reports executives and lobbyists representing dealers, manufacturers, and various suppliers are converging on Washington to voice their opposition to new levies on imported vehicles and parts.

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Auto Financeby Tariq KamalMarch 29, 2019

Embattled Wells Fargo Chief Steps Down

Wells Fargo President and CEO Tim Sloan will retire effective June 30, ending an era marked by a series of scandals that rocked the company’s auto, home, and consumer banking divisions.

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Digitalby StaffMarch 28, 2019

DealerSocket User Summit Set for August

DealerSocket will host its next annual User Summit Aug. 21–23 at the Marriott in Anaheim, Calif.

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Auto Financeby StaffMarch 27, 2019

Equifax and FICO to Launch Data Decisions Cloud

Two consumer credit giants have partnered to launch the Data Decisions Cloud, a new data and analytics suite designed to speed credit decisioning for auto finance sources.

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Showroomby StaffMarch 27, 2019

Cox Predicts 7% Drop in March Sales

The latest forecast from Cox Automotive puts March new-vehicle sales at 1.547 million, a nearly 7% year-over-year decline, but raises the SAAR from 16.5 million to 16.8 million.

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Showroomby Tariq KamalMarch 27, 2019

Report: Fiat Chrysler Acquisition Could Follow Renault-Nissan Merger

Is the world ready for Renault Nissan Fiat Chrysler? Sources tell the Financial Times FCA could finally have a buyer once Renault and Nissan’s houses are in order, creating a new global automotive manufacturing powerhouse.

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Auto Financeby StaffMarch 26, 2019

Maritz, Northwood Partner for Internship Program

Maritz and Northwood University announced a program designed to develop the next generation of automotive industry leaders through student internships, guest lectures, and a new scholarship.

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Complianceby Tariq KamalMarch 26, 2019

Texas Dealer Loses MBUSA Award in Stunning Reversal

The Supreme Court of Texas has reversed a lower court decision in favor of a Mercedes-Benz dealer who claimed the factory tricked him into purchasing a dealership and won a multimillion-dollar award that was upheld on appeal.

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Showroomby Tariq KamalMarch 26, 2019

Cochran, Morgan Advance in 2018 Top 150 Dealer Rankings

Acquisitions helped #1 Cochran Automotive and Morgan Auto improve their positions in Automotive News’ most recent list of the nation’s biggest auto retailers, but the top 10 remain entrenched.

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Complianceby Tariq KamalMarch 26, 2019

Jaguar Land Rover Wins China Copyright Case

Jiangling Motor must halt production of the Landwind X7, an SUV similar in appearance to the Land Rover Evoque, and pay compensation to Jaguar Land Rover after a Chinese court ruled in the British company’s favor in a landmark copyright suit.

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