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F&Iby StaffMay 7, 2013

DealerSocket Launches Advanced Data-Mining Tool

DealerSocket is ready to release its RevenueRadar, an advanced database-mining tool that integrates with DealerSocket CRM and every major DMS.

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F&Iby StaffMay 7, 2013

Tesla Hires Aston Martin's Vehicle Engineering Leader

Chris Porritt will serve as vice president of vehicle engineering for Tesla. The automotive engineer brings 25 years of experience, including his most recent expertise from Aston Martin’s vehicle engineering team.

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F&Iby StaffMay 7, 2013

Ark. AG Files Suit Against Used Car Dealer

Arkansas Attorney General Dustin McDaniel filed a lawsuit against a used car dealer who allegedly sold vehicles without providing a clear title to car buyers. According to the suit, the dealer took five months to provide the titles.

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F&Iby StaffMay 7, 2013

Dealertrack Hits Lender Connection Milestone

Dealertrack’s credit application network, which allows dealers to electronically submit application data to a diverse network of finance sources, has exceeded 1,300 active lenders.

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F&Iby StaffMay 7, 2013

FordDirect Launches Chat Services with LiveConnect to Increase Dealer Sales Leads

FordDirect launches chat services to increase customer engagement, heighten website experiences and generate more leads.

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F&Iby StaffMay 2, 2013

Group 1 Assessing Storm Damage in Oklahoma City, Houston

Group 1 estimates that the storms in Oklahoma City and Houston caused damage to facilities and about 3,200 new and used vehicles. The auto retailer is continuing to assess overall damage.

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Complianceby StaffMay 2, 2013

Illinois AG Sues Dealer for Deceptive Sales Tactics

Illinois Attorney General Lisa Madigan files lawsuit against a Carterville auto dealer for deceptive sales tactics. The Illinois dealer allegedly promised repair guarantees on cars sold “as is” but didn’t follow through.

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F&Iby StaffMay 2, 2013

Gov. Cuomo to Credit Reporting Agencies: Protect Sandy Victims

New York Gov. Andrew Cuomo is demanding that credit bureaus give special allowances for Hurricane Sandy victims. The credit reporting agencies, however, say they are already doing their part.

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F&Iby StaffMay 2, 2013

Group 1 Reports First-Quarter Performance

First-quarter net income was up 26.5 percent for the dealer group, while total gross profit grew 15.4 percent on 18 percent higher revenues.

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F&Iby StaffMay 2, 2013

CNW: Americans Looking to Spend More on Cars

Used-car buyers are looking to spend 3 percent more than in the previous survey, and new-car shoppers are expected to spend 2.9 percent more.

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