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Consumer Portfolio Services Inc. reported earnings of $4.8 million for the second quarter 2013, up from $1.3 million in the same period last year.
Read More →In a new study commissioned by Google, 81 percent of drivers said they agree that quality service is more important than price. The tech giant says the stat means dealership service departments are primed to steal business from service chains.
Read More →Reahard, voted a ‘Best in Class’ speaker by attendees of the 2012 F&I Conference, will return to the 2013 event to talk about process and connecting with today’s consumer.
Read More →The CFPB was short on details when it responded last week to 35 House Republicans who requested additional information on the bureau’s review of dealer participation programs.
Read More →From the firm’s New York office, Jeffrey Levine will focus on helping financial institutions, sales finance companies, motor vehicle dealers and manufacturers establish and maintain automobile financing and leasing programs.
Read More →After nearly 14 years with the company, Jeremy Anwyl has stepped down as vice chairman. He will continue to provide strategic consulting to Edmunds.com through Marketec Systems.
Read More →The operator and manager of Klause Cars and Trucks Inc. pleaded guilty to wire fraud charges associated with a scheme to defraud finance sources and customers who traded in and bought vehicles at his dealership.
Read More →The Better Business Bureau suspends the group’s accreditation after it paid more than $500,000 to settle at least 25 lawsuits related to its F&I practices. The operation had an 'A+' rating before it lost its accredidation.
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Porsche unveiled its new 911 Cabrera 4S this week to celebrate the carmaker’s 50th anniversary. It’s a vehicle dreamed up by fans of the automaker’s Facebook page.
Read More →Dealertrack updated its 2013 guidance to reflect strong second quarter performance and 26 percent year-over-year revenue growth.
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