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Edmunds.com has appointed four new executives to its leadership team in the marketing and dealer business segments.
Read More →Default rates inched up in August across multiple consumer credit categories, including auto loans and mortgages, according to data released by S&P Dow Jones Indices and Experian.
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Internal CFPB documents obtained by American Banker show bureau officials repeatedly acknowledging that the method used for detecting discrimination by indirect auto lenders may overestimate disparities.
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Manheim has appointed Grace Huang as senior vice president of inventory services. In this newly-created role, Huang will focus on the operational, revenue-generating organizations within the business and for product management.
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Volkswagen's chief executive apologizes for emissions scandal and promises to 'do everything necessary in order to reverse the damage this has caused.'
Read More →In order to manage risk levels and achieve ongoing profitability, lenders need to use collateral and residuals in the underwriting process. That’s according to a new whitepaper from Black Book’s Lender Solutions division.
Read More →Ramey Motors has agreed to settle a Federal Trade Commission lawsuit filed last year, which claimed the dealership violated the terms of a 2012 consent order that barred it from deceptively advertising the cost of buying or leasing cars.
Read More →A study of Manheim’s online wholesale vehicle marketplace, called OVE.com, found that vehicles posted to the site retain a higher auction value than those that are re-run through the physical lane.
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Ford is now syndicating its dealers’ new-vehicle inventory to CarGurus.com, a vehicle-shopping site that has drawn criticism for the way it rates dealers and their deals.
Read More →AutoAlert’s latest product, called CreditConvert, helps dealers increase their service drive selling opportunities with real-time soft credit pulls and equity information.
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