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F&Iby StaffMarch 29, 2012

First Niagara Launches Auto Finance Unit

First Niagara Financial Group is on the move, announcing yesterday that it is entering the auto finance market with a new slate of financing options for dealers in the Northeast.

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Auto Financeby StaffMarch 29, 2012

Prestige Securitizes $245 Million Loan Portfolio

Prestige Financial Services Inc. completed its ninth rated term securitization, issuing approximately $230 million in securities backed by about $245 million in automobile installment receivables.

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F&Iby StaffMarch 27, 2012

[Video] Part 4: Protecting the Dealership

United Development System’s Gerry Gould addresses compliance in part four of his five-part series on the business office’s Top 5 responsibilities.

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Auto Financeby StaffMarch 27, 2012

Consumers Using Home Equity to Buy Cars Again

The use of home equity loans to buy new cars is on the rise again, though not nearly to pre-recession levels, according to Bandon, Ore.-based CNW Research’s Art Spinella.

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F&Iby StaffMarch 27, 2012

Rewarded Customers Visit and Spend More Annually, New Study Finds

Customers enrolled in dealer loyalty programs not only visit more, they spend and buy more cars, MediaTrac's new study concludes.

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Auto Financeby StaffMarch 27, 2012

AutoNation Uses eBay for New Sales Promotion

AutoNation is using eBay for a new promotion it launched this month. As of Saturday, eight of the 29 vehicles offered for sale were purchased through the site’s Buy It Now feature.

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Digitalby StaffMarch 27, 2012

Auto/Mate Launches DMS Blog

Auto/Mate Dealership Systems launches a new blog that will act as a resource for the DMS provider’s dealer clients.

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F&Iby StaffMarch 27, 2012

Noarus Group Launches New Website for Calif. Dealerships

Noarus Auto Group launched a new multi-dealer website called “OC Car Dealers.” It will serve as the parent site for its California-based OC Nissan Irvine, OC Nissan Garden Grove, Toyota Place and Scion Place.

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F&Iby StaffMarch 27, 2012

SFG Finance Adds to Executive Team

BHPH portfolio buyer names Robert Chickowski senior vice president and manager of portfolio acquisitions. He will supervise the company’s due diligence and portfolio acquisition efforts.

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F&Iby StaffMarch 27, 2012

Pied Piper Sees Improvement in Internet-Lead Response Times

Lexus, Infiniti and Acura dealerships lead industrywide improvement in response times to Internet leads, Pied Piper's annual study concludes.

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