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F&I•by Staff•January 11, 2017

Head of Wells Fargo Dealer Services Set to Retire this Year

Wells Fargo announced this week that Dawn Martin Harp, the head of Wells Fargo Dealer Services, is set to retire this year, after more than 20 years of service.

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Auto Finance•by Staff•January 11, 2017

IHS Markit Awards General Motors With Top Customer Loyalty Award

During IHS Markit’s 21st annual Automotive Loyalty Awards, the company recognized automakers who have displayed excellent levels of customer loyalty. In total, the awards show recognized winners in more than 30 categories.

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Auto Finance•by Staff•January 11, 2017

Pearl Combines Equity Mining Tool With 'Buy Direct From Consumer' Platform

The integration will allow dealers to search for vehicles they wish to purchase directly from consumers by year, make, model and trim, according to the company.

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F&I•by Staff•January 11, 2017

AutoGravity Adds First Investors to Vehicle Financing Platform

AutoGravity is adding First Investors Financial Services’ indirect business onto the AutoGravity platform, the two companies announced this week.

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F&I•by Staff•January 11, 2017

Heritage Acceptance Corp. Launches New Vehicle Service Contract

The new service contract includes roadside assistance and a higher liability limit the company claims will better protect the customer's investment.

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F&I•by Eric Gandarilla•January 10, 2017

Volkswagen AG Pleads Guilty to Emissions Scandal

Aside from the $4.3 Billion settlement, the U.S. Department of Justice announced that six Volkswagen executives and employees were indicted for their role in the decade-long conspiracy to cheat U.S. emissions tests.

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F&I•by Staff•January 10, 2017

Black Book: Smaller Cars Back in Demand

Small cars (model-year 2008-2014) are making a comeback to open the year, and Black Book believes the segment could be in for a good spring.

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F&I•by Staff•January 10, 2017

Dent Wizard Hires Vice President of Customer Development

Ryan Briggs, former national sales manager for DigitCut, was hired by Dent Wizard to fill the newly created position of vice president of customer development. He'll be responsible for expanding the company’s relationships with the nation’s Top 150 dealer groups.

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Auto Finance•by Staff•January 9, 2017

Cadillac Launches $1,500 a Month Subscription Service

Cadillac has launched a subscription-based, on-demand vehicle utilization program that provides access to Cadillac vehicles without a commitment to buy or lease.

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F&I•by Staff•January 9, 2017

Credit Acceptance's Founder Announces Retirement

Donald Foss, the subprime finance source's founder and chairman, has decided to retire, the company announced on Jan. 4. The company stated in its announcement that it does not plan to fill the role of chairman. In Foss' absence, Thomas Tryforos will lead the board of directors.

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