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Digital•by Staff•August 5, 2014

VisionMenu Adds Portfolio, Wise F&I to vRate Platform

VisionMenu has added Portfolio and Wise F&I to its vRate platform, a feature that allows users of the firm's menu system to rate multiple providers and multiple products simultaneously.

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Compliance•by Brittany-Marie Swanson•August 5, 2014

GM Financial Subject of DOJ Investigation

In a Securities and Exchange Commission filing this week, GM Financial revealed that it was served with a subpoena by the U.S. Department of Justice. It is requesting documents related to the origination and securitization of subprime auto loan contracts dating back to 2007.

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F&I•by Staff•August 5, 2014

Reahard Returns to Industry Summit

With F&I offices being challenged by credit unions and insurance companies like State Farm, the celebrated F&I trainer will offer conference attendees new strategies for increasing finance penetration.

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Auto Finance•by Staff•August 5, 2014

Compliance Firm Advises Dealers to Review Arbitration Clauses

Automotive Compliance Consultants warned dealers this week to review their arbitration clauses in their finance contracts. The firm says such language is coming under scrutiny from courts and regulators.

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Compliance•by Staff•July 31, 2014

Kan. Dealer Ordered to Pay Customer $2,065

An investigation found that South Auto Sales required consumers financing their vehicle purchase to sign a preprinted repossession waiver that violated state law.

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F&I•by Staff•July 31, 2014

KBB: Car Shoppers Confident in ‘New’ GM

Fifty percent of new-car shoppers think GM is a different company today compared to five years ago, while only 24% of new-car shoppers believe the ‘old’ GM still exists.

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F&I•by Staff•July 31, 2014

Gen Y Overtakes Gen X in Car Buying, J.D. Power Says

Gen Y consumers have accounted for 26% of new-vehicle retail sales in the past year, putting sales attributed to that generational group ahead of Gen X for the first time.

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F&I•by Staff•July 30, 2014

NADA Releases New Video on Dealer Franchise Laws

In order to provide policymakers and journalists with information about the franchised new-car dealer model, the NADA has added a new animated video to its “Get The Facts” initiative.

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Digital•by Staff•July 30, 2014

Dealertrack Partners With Element Payment Services

Using Element Payment Services, Dealertrack Technologies will seamlessly integrate electronic payment processing into Dealertrack DMS 2.0.

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Digital•by Staff•July 29, 2014

Kia, Volkswagen Influence Shoppers During World Cup

Kia and Volkswagen each increased the number of searches for their brands on KBB.com by 18% during the World Cup.

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