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Kelley Blue Book now offers its customers a new self-service interface for easy access to new- and used-car Kelley Blue Book Values and configuration data by VIN.
Read More →The NADA has filed a second Freedom of Information Act request for internal CFPB documents that allegedly show the bureau intended to regulate the auto finance market through enforcement action. An earlier request was denied.
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Brian Geitner, president of NextGear Capital, will take on expanded duties as he heads up the financial services arm of Cox Automotive.
Read More →A former office manager at Lithia Chrysler Jeep Dodge in Montana pleaded guilty this week to stealing approximately $288,000 from the dealership over a nine-year period.
Read More →Five million vehicles have been sold on Ally Financial’s online auction platform, the company announced this week.
Read More →The bureau is seeking to ban pre-dispute arbitration clauses that block class action lawsuits. The proposals under consideration would allow companies to use arbitration for individual disputes, but would require those companies to submit to the CFPB the arbitration claims filed and awards issued.
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Following its recent acquisition of Dealertrack, Cox Automotive has appointed Dealertrack’s former co-president, Raj Sundaram, as its chief client success officer.
Read More →Wells Fargo Dealer Services has opened its second regional business center in Houston — its fifth in Texas. The new center will serve approximately 100 dealerships in the region.
Read More →Reynolds Document Services has released the Reynolds LAW Washington F&I Library, a comprehensive catalog of standardized, legally reviewed F&I documents available to new car and truck dealers in the state of Washington.
Read More →Used-vehicle prices were up nearly 3% in the third quarter from a year ago, according to Manheim’s Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season.
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