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Auto Finance•by Staff•February 14, 2012

Dealer Count Inched Up in 2011, Urban Science Reports

A report by Urban Science revealed that as of Dec. 31, 2011, there were 17,767 dealerships in the United States, a 0.6 percent increase year over year.

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Auto Finance•by Staff•February 14, 2012

Auto Affordability Improved in 4Q 2011, Comerica Bank Reports

A report by Comerica Bank indicated that the purchase and financing of an average-priced new vehicle took 23.1 weeks of median family income in the fourth quarter of 2011, the best affordability reading since the third quarter of 2009.

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Digital•by Staff•February 14, 2012

GM Selects Auto Point as Plus-Up Vendor

Auto Point Inc. was selected by General Motors as a Customer Sales and Service Retention (CSSR) Plus-up Vendor for an important segment of GM customers.

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Digital•by Staff•February 14, 2012

Artificial Intelligence Tool Closing Leads

After reviewing data in January from eight randomly selected users of its Automated Virtual Assistant, AutoFerret.com found that its artificial intelligence technology averaged a closing rate of 28.7 percent.

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Digital•by Staff•February 14, 2012

Auto/Mate Updates Fixed-Ops Module

Auto/Mate Dealership Systems announced it has added Automated Dispatch and Electronic Repair Order functions to the fixed-operations module in its dealership management system software.

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F&I•by Staff•February 14, 2012

Paint Protection Ranks No. 1 in Dealer Profits, Study Finds

Izmocars’ annual AOA Auto Accessories Trend Report revealed that dealerships continued to generate solid profits from accessory sales in 2011.

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F&I•by Staff•February 14, 2012

AUL Corp. Partners With Ace on “BHPH in A Box" Program

AUL Corp. announced an expansion of its service-contract relationship with Ace Motor Acceptance Company (AMAC), a subprime finance source in Charlotte, N.C.

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F&I•by Staff•February 13, 2012

Agent Summit 2012 Agenda Released

The preliminary agenda for the second annual Agent Summit, scheduled for March 12–14, 2012, at Caesars Palace in Las Vegas, has been released.

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Auto Finance•by Staff•February 9, 2012

Auction Genius Launches at NADA

The 2012 NADA convention marked the culmination of four years’ of planning, research and development for Todd Kinzle, president of Auction Genius, and his software development team.

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Digital•by Staff•February 9, 2012

Inilex Showcases Recovery, Tracking Devices

Michael Maledon, president and CEO of Chandler, Ariz.-based Inilex Inc., traveled to last weekend’s NADA convention to showcase his company’s SkyLINK device and SkyLINK Protect service, which he described as the “next generation” of vehicle-recovery and –tracking technology.

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