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F&Iby StaffOctober 1, 2018

Cox Automotive Acquires F&I Express

The unified companies will leverage a vast network of F&I product providers and new technology to innovate for dealers, agents, providers, and lenders.

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Auto Financeby StaffOctober 1, 2018

Boston Volvo Celebrates Grand Opening of New Flagship Store

The opening marks the revival of the historic Allston building, located 61 North Beacon Street in Allston, Mass. The new store utilizes three floors of building, occupying 42,000 of the total 71,300 square feet.

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F&Iby StaffOctober 1, 2018

Dealer Panels Set for Compliance Summit

The upcoming Compliance Summit will feature two panel discussions staffed by dealer counsel and personnel from around the nation.

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F&Iby Gregory ArroyoSeptember 27, 2018

Fed Reserve Approves Third Rate Hike of 2018

The Federal Reserve on Wednesday raised interest rates for the third time this year and signaled it will raise the cost of borrowing again in December. Industry economists said it will not get better for consumers or the industry from here.

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Auto Financeby StaffSeptember 27, 2018

RSVP for ACE Certification at Industry Summit

Attendees of the upcoming Industry Summit and P&A Leadership Summit are invited to register for Automotive Compliance Education’s onsite certification review and exam for no additional charge.

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Digitalby StaffSeptember 27, 2018

Digital Air Strike Expands Global Reach

Digital Air Strike now offers Response Path, an AI-powered intelligent messaging service, to users in 12 countries outside the U.S.

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Auto Financeby StaffSeptember 26, 2018

Sonic CEO Scott Smith Steps Down, Successors Named

The automotive retailer announced that co-founder B. Scott Smith is stepping down as CEO, president, and director of the public dealer group. His brother David Burton Smith will assume his role as CEO, while executive Jeff Dyke was promoted to president.

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F&Iby StaffSeptember 26, 2018

Spireon: Impounds a ‘Billion-Dollar Problem’ for Dealers

Spireon has released ‘Impound Storage Fees, a Billion-Dollar Problem,’ a new study billed as the first to address the steep costs rampant impounds generate for dealers, finance sources, and car buyers.

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F&Iby StaffSeptember 26, 2018

Cox: September Sales to Decline 7.2% From Year-Ago Levels

Despite the expected volume decline, the firm put September’s seasonally adjusted annual sales rate at a healthy 17.1 million, down from last September’s 18.1 million SAAR. The company said higher interest rates and talks of tariffs may be having some pull-ahead impact in the market.

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F&Iby StaffSeptember 26, 2018

AGWS Earns BBB Recognition, Grows F&I and Agent Events

American Guardian Warranty Services earned its first BBB Torch Award nomination and continues to grow its training and networking programs during the company’s 20th year in business.

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