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Auto Financeby StaffJune 27, 2017

J.D. Power/LCM: June SAAR Expected to Fall to Five-Year Low

Despite record incentive spending, the auto industry is on pace to record its weakest first-half sales performance since 2014, according to the two firms. Days to turn remained at 70 through June 18, the highest level since July 2009.

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Showroomby StaffJune 27, 2017

FrogData Names National Sales Director

FrogData’s rapid expansion continues with the hiring of Heiser Automotive Group and CDK Global executive Chris Dulla.

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F&Iby StaffJune 27, 2017

Carfax, MeridianLink Offer Lenders Access to Vehicle History Reports

Auto lending executives now have access to Carfax reports via MeridianLink’s LoansPQ loan origination system.

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F&Iby StaffJune 26, 2017

SouthwestRe Wins Gold in 2017 Dealers’ Choice Award

SouthwestRe took home the Gold award in the Service Contract Reinsurance category in this year's Dealers’ Choice Awards.

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F&Iby StaffJune 26, 2017

Portfolio Launches QUANTUM VSC

The company’s newest vehicle service contract offering was designed to cover ‘essential’ new electronic components.

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Showroomby StaffJune 26, 2017

KBB: June New-Vehicle Sales Tracking at 4% Below a Year Ago

The vehicle information site put June's SAAR at 16.3 million, which would mark the fourth month in a row the SAAR comes in below 17 million. It would also be the longest below-17-million streak since the six-month streak set at the end of February 2015.

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F&Iby StaffJune 26, 2017

Auto/Mate Releases ‘The Auto Dealer's Guide to Team Building’ Ebook

The new ebook was developed to guide auto dealers through the process of turning managers and employees in various departments into one cohesive, productive and motivated team.

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F&Iby StaffJune 26, 2017

GWC Warranty Names New Product Manager

Andrew Roke had held positions in operations and marketing product management before the F&I product provider appointed him product manager. He will be responsible for managing GWC’s suite of products while evaluating new opportunities for innovative enhancements.

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F&Iby Clayton WongJune 26, 2017

CarMax Looks to Expand Digital Retailing Push

The pre-owned dealer group’s online prequalification portal played a key role in its captive finance company's 7% increase in first-quarter originations. The group is currently testing a home-delivery service as well as an online vehicle appraisal tool.

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F&Iby StaffJune 23, 2017

IPPI to Offer 1st Equity Payment Plan in Texas

1st Equity becomes one of two independent monthly budget payment brands available in the Lone Star State.

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