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F&Iby StaffDecember 20, 2012

Tesla Motors' Director Resigns

Dr. Herbert Kohler, Tesla’s director since 2009, resigned from his post, effective Dec. 12. Former Daimler AG exec named replacement.

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F&Iby StaffDecember 18, 2012

NADA: Post-Sandy Demand Slows Depreciation

Used-vehicle prices should have dropped by 2.1 percent in November. Instead, Hurricane Sandy struck and slowed depreciation by 1 percent.

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F&Iby StaffDecember 18, 2012

Toyota to Pay Record $17.35M for Delayed Safety Reports

Toyota Motor Corp. will pay a record $17.35 million in civil penalties for not reporting floor mat pedal defects in a timely manner, the NHTSA announced today.

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F&Iby StaffDecember 18, 2012

The Impact Group Announces Certified Interface for Reynolds’ ERA DMS

The Impact Group announced that the Fusion F&I menu application and the Toyota Financial Services’ FS Presentation are now certified in the Reynolds Certified Interface (RCI) Program.

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F&Iby StaffDecember 18, 2012

DMEautomotive Releases Study on Service Apps, QR Codes

The firm’s new study shows that service customers are far more likely to use mobile apps than QR codes, but only 10 percent of auto service customers are currently using a mobile app offered by their dealer/service provider.

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F&Iby StaffDecember 18, 2012

RedBumper Releases Auto-Pricing Tool

RedBumper’s new SmartPrice tool will automatically adjust retail prices by analyzing market supply and demand in real time.

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F&Iby StaffDecember 18, 2012

NADA University Releases Dealership Workforce Study

The comprehensive report, produced in partnership with Northwood University, analyzes data on employee compensation, benefits, retention and turnover.

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F&Iby StaffDecember 18, 2012

Dealer.com Names New CEO; Founder Assumes New Role

Rick Gibbs was named CEO of Dealer.com, while company founder Mark Bonfigli steps away from his day-to-day responsibilities as CEO.

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F&Iby StaffDecember 13, 2012

J.D. Power: Dealership Experience Impacts Lender Selection

J.D. Power released its annual report card on the experience finance sources deliver to customers. It highlights the link between the dealership experience and the finance source’s ability to retain customers.

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F&Iby StaffDecember 13, 2012

[Video] Tip of the Week: Meeting and Greeting With Purpose

A good meet and greet in the showroom should seamlessly transition into an F&I manager’s discovery process. But before you ask your next customer how many miles he or she averages per year, check out John Vecchioni’s F&I Tip of the Week.

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