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Auto Financeby StaffJanuary 4, 2016

Ally to Offer Leasing on Select McLaren Models

McLaren Automotive North America and Ally Financial have announced a new preferred financing relationship that will allow qualified consumers to lease the new McLaren 570S or 650S.

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F&Iby StaffJanuary 4, 2016

US Equity Advantage Adds Financial Services for AutoPayPlus Customers

US Equity Advantage has made available a new financial planning tool kit for AutoPayPlus customers. According to the company, the new toolkit will assist customers who are looking to automate their bill payments, organize their finances, monitor their credit, and create a budget and savings plan for the future.

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Auto Financeby StaffDecember 29, 2015

GWC Warranty Exceeds $375 Million in Claims Paid

F&I product provider GWC Warranty announced today that it has surpassed $375 million in claims paid to date.

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Auto Financeby StaffDecember 29, 2015

Hyundai Hires Former Lamborghini Exec to Lead Genesis Brand

Hyundai Motor announced Monday it has hired Manfred Fitzgerald as senior vice president of its Genesis luxury brand. The former director of brand and design for Lamborghini will be based in the South Korean automaker's headquarters in Seoul. He will play a key role in brand strategy, marketing and other business operations within the Genesis brand.

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F&Iby StaffDecember 29, 2015

AFIP Issues Guidance on Reg. Z and M Dollar Thresholds for 2016

The FRB and CFPB announced on Nov. 25 that 2016 dollar thresholds for Reg. Z and M exemptions will remain unchanged from 2015. The AFIP says the accepted practice for processing transactions above the threshold will also remain unchanged.

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Auto Financeby StaffDecember 29, 2015

IHS Acquires Canadian Provider of Vehicle History Reports

IHS Inc., the company that purchased CARFAX in 2013, has purchased CARPROOF Corp. for approximately $460 million. The Canadian company is a provider of vehicle history reports, vehicle appraisals and valuations.

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F&Iby StaffDecember 23, 2015

GE Selling Hyundai Capital Shares to Hyundai, Kia

GE announced today that it has signed an agreement to sell its 23.3% stake in Hyundai Capital Services to Hyundai Motor Co. and Kia Motors. The announcement comes less than a month after it unloaded its transportation business unit to BMO Financial Group.

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Auto Financeby StaffDecember 23, 2015

Manheim Wins Multiple Element Remarketing Awards

Manheim Kansas City took home top honors in Element Fleet Management’s remarketing program. Manheim Pennsylvania Assistant General Manager Amy Taitano also received the Laurie Dobberphul Award — the annual award presented to a top-ranking female in the remarketing industry.

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Digitalby StaffDecember 22, 2015

Autobytel Honors Dealership Internet Teams

The online automotive services provider named Taylor Chrysler Dodge Jeep, Stillwell Ford and Ed Morse Automotive Group as its Dealers of the Month for the third quarter.

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F&Iby StaffDecember 22, 2015

Edmunds Puts 2015 SAAR at 17.5 Million

Edmunds said this week the industry is on pace to break the previous December sales record set in 2004. It predicts the industry will retail 1.7 million units in December, a 29.7% increase from November and a 12.3% increase from a year ago.

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