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F&Iby StaffJanuary 14, 2016

Hearst Promotes Black Book's Cross to Group Head of Transportation

Tom Cross was named executive vice president and deputy group head of transportation for Hearst Business Media. He will retain his title of president of Black Book and will continue to report to Hearst President Richard P. Malloch.

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Auto Financeby StaffJanuary 14, 2016

Autotrader: Consumers Want Advanced Safety Features on Their Next Vehicle

AutoTrader's 2016 Car Tech Impact Study showed that 77% of consumer surveyed will make in-car technology a bigger consideration than color on their next vehicle purchase. And what they want most are advanced safety features such as parking assist, collision avoidance and automatic braking.

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F&Iby Eric GandarillaJanuary 14, 2016

GM to Launch Online Shopping Portal for Low-Mileage Used Cars

General Motors' decision to open up its remarketing channel to consumers through an online car-buying portal may give dealers pause, but officials said the move is designed to help GM dealers compete with third-party sites that are disrupting the used-car market.

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F&Iby Eric GandarillaJanuary 13, 2016

Judge Denies TrueCar’s Motion to Dismiss Dealer Lawsuit

A U.S. District judge denied TrueCar’s request to dismiss the lawsuit filed by 162 non-TrueCar dealers last March, but he did throw out four of the complaint’s six claims that the vehicle-buying site violated federal and New York laws by engaging in false and misleading advertising.

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F&Iby StaffJanuary 13, 2016

Robertson to Offer Glimpse into Future at Dealer Summit

Organizers of Dealer Summit announced that David Robertson, longtime executive director of the Association of Finance & Insurance Professionals (AFIP), will present a session dedicated to regulatory compliance at the 2016 event, which will be held May 3–5 at the Sheraton Tampa Riverwalk Hotel.

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Auto Financeby StaffJanuary 12, 2016

California Air Resources Board Rejects Volkswagen Recall Plan

CARB rejected Volkswagen's recall plan because it contained gaps and lacked sufficient detail. The agency said Volkswagen’s descriptions of proposed repairs lacked enough information for a technical evaluation and did not adequately address overall impacts on vehicle performance, emissions and safety.

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F&Iby StaffJanuary 12, 2016

NADA Used Car Guide Introduces NADA Values Online

NADA Used Car Guide has replaced its NADA Online product with NADA Values Online, offering lenders and automotive dealers new features as well as a more streamlined experience.

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F&Iby StaffJanuary 12, 2016

RoadVantage Announces New F&I Bundle

RoadVantage has announced a new addition to its Preferred customizable bundles. The new offering adds environment interior and exterior coverage to a package that already includes tire-and-wheel protection, cosmetic/alloy wheel repair, windshield repair, dent and ding, key replacement and emergency roadside service.

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F&Iby StaffJanuary 12, 2016

2015 New-Vehicle Sales Reaches 17.5 Million Units

New-vehicle sales for 2015 totaled 17.5 million units, with the industry closing out the year with December sales of 1.6 million units, according to Autodata Corp.

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F&Iby StaffJanuary 8, 2016

Registration Open for Dealer Summit 2016

Organizers of Dealer Summit announced that registration is now open for the event, which is scheduled for May 3–5, 2016, at the Sheraton Tampa Riverwalk Hotel.

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