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F&Iby StaffNovember 1, 2012

Hurricane Sandy Devastates East Coast Dealerships

Many dealerships along the East Coast remain without power due to Hurricane Sandy, and market insiders make a few predictions on what the future holds for the affected areas.

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Auto Financeby StaffNovember 1, 2012

Ally Financial Repays TLGP $2.9 Billion

The former captive has repaid $2.9 billion in debt issued under the FDIC’s Temporary Liquidity Program. Officials said the company expects full repayment in December 2012.

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Auto Financeby StaffNovember 1, 2012

Kia Upsets Facebook Fans With EndPoverty Campaign

Kia adjusted its social media message after followers lashed out about the company’s “1Like=1Day Food for 1 Family” slogan.

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F&Iby StaffNovember 1, 2012

Ally Bank Exploring Alternatives for Remaining Agency Mortgage Assets

Ally Bank is exploring strategic alternatives for its agency mortgage servicing rights portfolio and its business lending operations.

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F&Iby StaffNovember 1, 2012

DealerSocket CRM Adds Manufacturer Incentives Integration

DealerSocket has integrated manufacturer incentive information into its CRM solution. The new connection alerts users of new incentives through icons.

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F&Iby StaffNovember 1, 2012

Dominion Offers Service-Lane Prospecting Tool

Dominion Dealer Solutions released a new tool designed to help dealerships prospect in the service lane.

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F&Iby StaffNovember 1, 2012

Ford's Mulally to Stay Through 2014; Fields Named COO

Ford Motor Co. announced several leadership changes today, including the promotion of Mark Fields to COO. Also announced was a possible departure date for current CEO Alan Mulally.

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F&Iby StaffNovember 1, 2012

Cal-Tex Adds to Team

Cal-Tex Protective Coatings Inc. has added Tim Akard to its team. The former Ford dealer and past member of the Ford National Dealer Council was named senior director of market development.

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F&Iby StaffOctober 30, 2012

[Video] Tip of the Week: Asking the Right Question

Proper disclosure is critical to an F&I product sale, but don’t forget to give customers a break from the verbal vomit by simply asking them how they feel. United Development Systems’ Gerry Gould explains in F&I’s Tip of the Week.

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F&Iby StaffOctober 30, 2012

IAS Unveils Negative Equity Protection

Innovative Aftermarket System’s new Trade Assurance Plus works like GAP, but is designed for trade-ins. The aftermarket company unveiled its new offering after completing its national training tour.

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