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F&Iby StaffMarch 19, 2013

Industry Sales Pacing at 15.7 Million Units in March

A mid-month report found that floor traffic at dealerships was up nearly 3 percent, with closing ratios ahead of last year by more than 2 percent. According to CNW, this indicates a possible 6.5 percent sales gain for the full month.

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F&Iby StaffMarch 19, 2013

February Manufacturer, Dealer Spiffs Climb

Manufacturers offered an average of $4,162 in incentives per vehicle in February, while the average MSRP of vehicles sold this month rose 3.7 percent vs. last year.

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F&Iby StaffMarch 14, 2013

Google Allows Car Shoppers to Take Virtual Dealership Tours

Google Business Photos is allowing the site’s millions of online visitors to take a virtual tour of individual dealerships. Similar to Google’s Street View technology, the tour allows potential car shoppers to browse inside the dealership.

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Digitalby StaffMarch 14, 2013

Auto Lease Credit Approvals Up in January, Reports SwapaLease.com

Providing a snapshot of consumer credit health, the car lease marketplace reported that January credit approvals on its site were 23.1 percent higher than the average approval rate during the last five months.

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F&Iby StaffMarch 14, 2013

Cordray Nomination Hearing Held

Senate Banking Committee Chairman Tim Johnson advocated for Consumer Financial Protection Bureau Director Richard Cordray to retain his position at a hearing March 12. A vote on the nomination will be held at a later date.

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Digitalby StaffMarch 14, 2013

Pinterest Introduces Web Analytics Tool

The site's new tool will allow marketers with a verified website to monitor what users have pinned from their site, as well as what pins have been repinned and clicked on the most by other users.

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F&Iby StaffMarch 14, 2013

Automotive Ads Capture Most Views on YouTube in February

Chevrolet, Jeep and Ram made YouTube’s Top 10 list of most viewed ads in February. Ram took the No. 3 spot with 14 million views of its “Farmer” commercial.

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F&Iby StaffMarch 14, 2013

Dealership Service Departments Improve Customer Satisfaction, Reports J.D. Power

Dealership service departments are driving up customer satisfaction. The reason, according to J.D. Power and Associates’ annual Customer Service Index study, is repair work is down and maintenance visits are up.

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Digitalby StaffMarch 14, 2013

Cars.com Issues List of Top 10 Cars for $10K

For customers on a budget, Cars.com lays out its Top 10 list of used vehicles for around $10,000. Ford has four models on the list, while Hyundai has two.

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Complianceby StaffMarch 12, 2013

CFPB Investigating Ally Financial

Ally Financial revealed in a March filing with the SEC that it is one of the banking institutions being investigated by the CFPB.

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