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F&Iby StaffJanuary 29, 2015

N.Y. Dealer Settles Insurance Fraud Suit for $1.6 Million

The lawsuit alleged that Fuccillo Hyundai in Upstate New York illegally sold insurance without a license to customers under the guise of an anti-theft warranty.

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Complianceby StaffJanuary 29, 2015

Dealer Closes Without Handing Over Titles to Car Buyers

A Missouri used-car dealer closed his operation abruptly after failing to pay the dealerships that provided him with his stock, leaving customers he sold cars to without titles.

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Auto Financeby StaffJanuary 29, 2015

Fewer Consumers Sticking to New-Car Budgets, CNW Reports

The number of consumer strictly adhering to their budget is dropping to pre-recession levels, according to the firm’s monthly report. And the number of car buyers for whom price is no object is on the upswing.

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Complianceby StaffJanuary 27, 2015

NADA Issues Compliance Guide on Federal Advertising Rules

In response to the FTC’s targeting of dealer ads, the NADA released at its annual convention last week a new publication designed to help new-car dealers comply with federal advertising requirements.

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Digitalby StaffJanuary 27, 2015

The Next Up Unveils Geo-Fencing Solution

The Next Up launched a geo-fencing product, LiveDrive, to help managers better determine test drive success based on route, time spent and speed.

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F&Iby StaffJanuary 27, 2015

CPS Subpoenaed By DOJ

This month, the Department of Justice issued a subpoena to Consumer Portfolio Services requiring the finance source to turn over documents related to subprime auto finance.

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Auto Financeby StaffJanuary 27, 2015

J.D. Power Projects Best January Sales in 10 Years

J.D. Power and LMC Automotive expect the industry to realize its best January for new-vehicle sales since 2004, with the firms projecting sales of 932,000 units.

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Digitalby StaffJanuary 27, 2015

Dealertrack Adds New Connected Solutions to Product Lineup

Dealertrack unveiled new solutions at the NADA Convention and Expo designed to connect in-store and online dealership processes. One of them will allow dealers to market F&I products online.

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F&Iby StaffJanuary 27, 2015

RouteOne Doubled Procesed eContracts in 2014

The technology firm said it more than doubled its econtracting volume in 2014 to 1.55 million contracts processed.

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Digitalby StaffJanuary 27, 2015

Digital Airstrike Partners With MerchantCircle

Digital Air Strike will integrate its survey technology with MerchantCircle's listings and reviews platform, allowing dealers to provide an easier, more automated method for posting customer reviews.

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