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F&Iby StaffOctober 1, 2013

Equifax: Auto Loan Balance Hits 5-Year High

The balance of auto loans in August increased 9.7 percent from last year, rising from $760.8 billion to $834.4 billion, according to Equifax’s National Consumer Credit Trends Report.

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Digitalby StaffOctober 1, 2013

AutoTrader Rolls Out iPad Shopper App

The new app features dozens of search filters and an intuitive design to help car shoppers explore the site’s more than three million new and used vehicles.

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F&Iby StaffOctober 1, 2013

FirstClose Partners With Dent Wizard on New Service Plan

Users of FirstClose's online loan origination service will now be able to offer an exclusive auto appearance service plan designed by Dent Wizard, the two companies announce.

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F&Iby StaffOctober 1, 2013

September Used-Vehicle Sales Up 3.9 Percent, CNW Reports

Despite fewer shoppers, used-vehicle sales were up 3.9 percent. Leading the way were franchised dealers, which retailed 5.44 percent more used vehicles than a year ago.

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Complianceby StaffSeptember 26, 2013

NY Attorney General Cracks Down on Fake Reviews

Attorney General Eric T. Schneiderman announced an agreement with 19 companies to stop writing fake online reviews and to pay more than $350,000 in fines.

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Complianceby StaffSeptember 26, 2013

Auto Suppliers Ordered to Pay $740M for Price Fixing

The conspiracies affected more than $5 billion in automobile parts sold to U.S. car manufacturers, and more than 25 million cars purchased by American consumers, the Department of Justice announced.

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F&Iby StaffSeptember 26, 2013

Huntington Expands Dealer Finance Business in Iowa

The bank holding company has hired a seasoned team with knowledge of the Iowa market to lead its expansion, company officials report.

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F&Iby StaffSeptember 26, 2013

KBB: September Auto Sales Expected to Dip Nearly 2 Percent

The seasonally adjusted annual rate is at 15.7 million units, while September is expected to decline 1.8 percent to a total of 1.17 million units, KBB reports.

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Digitalby StaffSeptember 26, 2013

Edmunds No. 4 Most Trusted Review Site, New Study Shows

A new study from Maritz Research shows that consumers trust larger, more established sites like TripAdvisor and Zagat. As for auto-related sites, Edmunds cracks the research firm's Top 5 list for most trusted review site.

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F&Iby StaffSeptember 26, 2013

Exeter Participates in Blackstone Veterans Hiring Summit

The finance source joins representatives from the White House, U.S. Military, Departments of Labor and Veterans Affairs, and Blackstone portfolio companies to advance hiring of veterans.

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