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Auto Finance•by Steven Martinez•October 22, 2014

Mich. Governor Signs ‘Anti-Tesla’ Bill

Governor Rick Snyder signed into law yesterday tighter restrictions on selling vehicles directly to consumers. The new law now effectively bans Tesla Motors from selling vehicles in the state.

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Auto Finance•by Staff•October 21, 2014

Used-Vehicle Price Adjustments Keep Retail Markets on Track, Manheim Reports

The 1.1% third-quarter decrease in the Manheim Used Vehicle Value Index didn’t set off alarms despite it being the fifth straight decline in used-vehicle prices. The firm’s chief economist noted that the drop helped dealers increase vehicle turns as the market continues to inch toward more normal levels.

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F&I•by Staff•October 21, 2014

Facebook Playing Bigger Role in Dealer Selection, Study Shows

A survey of 2,000 consumers revealed that Facebook is now among the Top 5 dealer reviews sites used by car shoppers, with 75% of respondents indicating they trust reviews posted by friends on the social media site vs. reviews posted on other sites by people they don't know.

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F&I•by Staff•October 21, 2014

JM&A Group Selects New Customer Service VP

Josh Bass, who joined JM&A in 2012 as the director of sales planning and analysis, was promoted to vice president of customer services.

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Digital•by Staff•October 21, 2014

Auto/Mate Integrates Document Management System With DMS

Auto/Mate completes integration of etfile's electronic document management solution with its dealers management system, the company announced this week.

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Compliance•by Staff•October 21, 2014

Man Finds No Record of VSC Purchased at Mich. Dealership

A man who bought a car at Auto Exchange last year discovered that the VSC provider had no record of the $2,566 contract he purchased. The dealership was shut down in April.

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Digital•by Staff•October 21, 2014

vAuto, Vinsolutions Integrate Data

Customers of both vAuto and VinSolutions will have access to VinSolutions CRM data in the vAuto Provision suite, helping them make better inventory management decisions.

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Digital•by Staff•October 21, 2014

DMVdesk Hits One Million Transactions in September

DMVdesk, Motor Vehicle Software Corporation’s vehicle registration software, averaged 120,000 transactions per month in 2014. The software hit the one million transaction mark last month.

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Digital•by Staff•October 16, 2014

Sales in Motion Adds Carfax to Mobile Tool

Dealer sales staff can now instantly access the Carfax Vehicle History Report for used vehicles directly from SIM-SST, Sales in Motion’s tablet sales tool.

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F&I•by Staff•October 16, 2014

Inaugural Compliance Summit Set for Nov. 10-11

The new event is designed to offer actionable compliance solutions to dealers and their partners. It will be held at the Seminole Hard Rock Hotel & Casino in Hollywood, Fla.

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