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F&I•by Staff•December 10, 2013

Group 1 Acquires Ga.-Based Auto Group

Group 1 Automotive Inc. has completed the acquisition of Jay Automotive Group, which operates six franchises in Columbus, Ga.

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F&I•by Staff•December 10, 2013

Mary Barra to Replace Retiring Akerson as GM CEO

Mary Barra was elected as GM’s new CEO by the company’s board of directors. She will replace Dan Akerson, who will retire on Jan. 15, 2014.

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Digital•by Staff•December 10, 2013

Auto/Mate Integrates DMS With IAS

Auto/Mate’s dealership management system is now integrated with Innovative Aftermarket System's suite of SmartDealerProducts.

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F&I•by Stephanie Forshee•December 5, 2013

Iowa Dealers Protesting Proposed Hike in Registration Fees

Despite opposition from state dealers, the Iowa Department of Transportation has proposed a hike in registration fees from 5 to 6 percent. The state dealer association claims the increase will hurt sales.

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F&I•by Staff•December 5, 2013

November SAAR Reaches 16.41 Million Units

According to Autodata Corp., total light vehicle sales increased 8.9 percent form a year ago, while the SAAR reached its highest point this year.

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F&I•by Staff•December 5, 2013

XPEL Offers Self-Healing Paint Protection Film

XPEL ULTIMATE Paint Protection Film features a clear coat and special elastomeric polymers that ‘heal’ overtime, eliminating swirl marks and fine scratches, the company claims.

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F&I•by Staff•December 5, 2013

Business Journal Names Westlake to Fastest Growing Private Company List

The Los Angeles Business Journal released its annual ‘Top 100 Fastest Growing Private Companies’ list. On it was Westlake Financial Services, which came in at No. 54.

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Compliance•by Staff•December 5, 2013

Tesla’s Fight in Ohio to Continue

The Columbus Dispatch reports that Ohio legislators dropped an amendment that would ban Tesla from owning an auto dealership in the state.

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Compliance•by Staff•December 5, 2013

Dealer Faces Eight Felony Counts of Odometer Fraud

A Michigan dealer was arrested Dec. 3 after authorities checked several vehicles on his lot and discovered mileage discrepancies. Police said it appeared the dealer had installed used, low-mileage odometers in high-mileage cars.

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F&I•by Staff•December 5, 2013

Experian: Auto Loan Interest Rates Fall to All-Time Low

According to the latest report from Experian Automotive, interest rates for auto loans fell to an all-time low in the third quarter, while the average amount financed reached its highest level since 2008.

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