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Auto Financeby Gregory ArroyoOctober 14, 2014

Chase’s Q3 Auto Originations Up 6%

Chase Auto Finance originated $6.8 billion in auto loans during the third quarter, which was up from a year ago but down 4% from the second quarter. Average auto loans were $52.7 billion, up 4% from a year ago.

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Complianceby Brittany-Marie SwansonOctober 14, 2014

Comment Period Opens for CFPB’s New Rule

The CFPB published its proposal rule to oversee larger participants in the nonbank auto finance segment in the Federal Register last week, kicking off a 60-day public comment period that ends on Dec. 8.

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F&Iby StaffOctober 14, 2014

Dealers Increased Charitable Giving in 2014, Survey Shows

More than 70% of new-car dealers surveyed in September said they increased their charitable giving in 2014, according to a new survey conducted by the NADA and Ally Financial.

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Auto Financeby StaffOctober 14, 2014

Exeter Finance Corp. Announces $500 Million Securitization

Exeter announced this week the pricing of a $500 million securitization backed by auto loan receivables.

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F&Iby StaffOctober 14, 2014

Ford, Carfax Expand Partnership in Certified Pre-Owned Sales

Ford and Carfax announced this week that they are expanding their relationship. Now, all Ford and Lincoln CPO vehicles will be listed on Carfax Used Car Listing.

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Auto Financeby StaffOctober 13, 2014

Avg. New-Vehicle Transaction Price Up $3,900 Since 2009

New-vehicle retail sales through September were at their highest level since 2005, but the rise in new-vehicle transaction prices is what has really contributed to the industry's health this year, say J.D. Power analysts.

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Digitalby StaffOctober 13, 2014

Auto/Mate Integrates With Nissan’s Dealer System

Auto/Mate's dealership management system is now fully integrated with Nissan's dealer communication system, officials announced this week.

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Auto Financeby StaffOctober 9, 2014

Cox, Federal-Mogul Purchase Stake in AutoMD

Federal-Mogul Motorparts and Cox Automotive have purchased a minority stake in the free online automotive repair website, which previously operated as a wholly-owned subsidiary of U.S. Auto Parts Network Inc.

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Digitalby StaffOctober 9, 2014

Mobile Site Satisfaction Leads to More Social Media Sharing, J.D. Power Reports

When car shoppers using a smartphone have a satisfying online experience with an automotive manufacturer or third-party automotive site, they are more likely to share vehicle information on social media, according to a new study.

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Complianceby StaffOctober 9, 2014

Court Upholds $15.6M Verdict Against Toyota Dealerships

Pennsylvania’s Superior Court upheld a ruling that awarded $15.6 million to the driver and passengers in a Toyota van that malfunctioned after two dealerships allegedly failed to follow the recommended maintenance procedures when servicing the vehicle.

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