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F&Iby StaffFebruary 16, 2017

Tom Hudson Releases Book on Fed Government’s War on Dealers

In his new book, the attorney traces actions over the last five years by the Consumer Financial Protection Bureau and the Federal Trade Commission. It addresses the government's war on several fronts, from advertising and discrimination to disclosure requirements and other everyday compliance issues.

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Auto Financeby StaffFebruary 16, 2017

Used-Vehicle Market Bracing for Off-Lease Tidal Wave

While low interest rates and consistent values are making it possible for the market to absorb the wave of newer, more expensive off-lease vehicles, demand for older, less expensive vehicles hasn't waned. But with fewer older vehicles available, sellers will be at a disadvantage, Edmunds said this week.

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Showroomby StaffFebruary 16, 2017

eBay: Car Buyers Will Buy Online

Will consumers buy cars online? Results of a new two-part consumer survey conducted by eBay Advertising shows they will.

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F&Iby StaffFebruary 15, 2017

Lithia Grows F&I, Catches Acquisition Fever in 4Q

Lithia Motors executives reported a new company record for F&I profits and promised to maintain the group’s aggressive growth strategy in 2017.

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F&Iby Staff ReportFebruary 15, 2017

Bankruptcies Register First Consecutive Monthly YOY Increases Since 2010

While bankruptcies plunged last year to their lowest levels since the implementation of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2015, filings are beginning to climb, according to the American Bankruptcy Institute.

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Auto Financeby StaffFebruary 15, 2017

Black Book: Luxury Depreciation Spikes

Luxury vehicles continued to struggle last week, as the segment realized some of the highest depreciation rates among all segments, according to the vehicle valuation firm.

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Auto Financeby StaffFebruary 15, 2017

No Sedans Among KBB’s Top 12 Family Cars

Kelley Blue Book’s list of the best family vehicles for the 2017 model year includes eight SUVs, four minivans, and no sedans.

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F&Iby StaffFebruary 15, 2017

Hudson Cook LLP Adds Three New Partners

The law firm announced today the election of attorneys Robert Gage, Lauren Hunt, and Jennifer Sarvadi to the partnership.

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F&Iby StaffFebruary 14, 2017

Group 1’s U.S. F&I Team Delivers Record PVR

For the year, the nation’s third largest dealer group grew its U.S. F&I per-copy average by $129 from the prior year to $1,644. Company officials, however, tell investors and equity research analysts ‘not to model anything higher.’

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Showroomby StaffFebruary 14, 2017

U.S. Dealers Added Stores, Lost Sales in 2016

Urban Science analysts said average per-store sales in the United States fell by a single unit in 2016, despite a slight uptick in rooftops and franchises.

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