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F&Iby StaffAugust 23, 2011

VisionMenu Menu Integrates Reynolds Certified Interfaces

VisionMenu Inc. announced the release of Reynolds and Reynolds certified data interfaces for its VisionMenu and VisionReport systems.

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Auto Financeby StaffAugust 23, 2011

Mercedes-Benz, AMEX Roll Out Co-Branded Credit Cards

American Express and Mercedes-Benz USA have partnered to offer two new credit cards that will allow Mercedes-Benz owners to earn points that can be used toward the automaker’s service package offerings or toward the purchase or lease of a new vehicle.

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Auto Financeby StaffAugust 23, 2011

IntelliChoice Announces “Best Bets” for 2012 Models

IntelliChoice released its list of “Best Bets” for the 2012 model year. The list includes 19 vehicles that demonstrate the highest potential for achieving outstanding value over time.

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Auto Financeby StaffAugust 23, 2011

Autodata Solutions, DriveItNow Partner on Payment Calculator Tool

Autodata Solutions and DriveItNow have partnered to provide a pre-qualified payment tool that incorporates quoting functionality and OEM incentive data.

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Digitalby StaffAugust 23, 2011

Ford, Toyota Teaming Up on Hybrid Powertrain System

Ford Motor Company and Toyota Motor Corporation announced plans to jointly develop a hybrid powertrain system for light trucks and SUVs. The agreement, expected to be finalized next year, will allow both companies to speed up the delivery of more affordable hybrid systems.

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Auto Financeby StaffAugust 23, 2011

TransUnion: Delinquencies Fall for the Seventh Straight Quarter

The national 60-day delinquency rate for auto loans fell for the seventh consecutive quarter, dropping to 0.44 percent at the end of the second quarter, TransUnion reported today.

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Digitalby StaffAugust 22, 2011

DealerTrack to Sell ALG to TrueCar

DealerTrack Holdings Inc. announced on Monday that it has signed an agreement to sell its wholly owned subsidiary, ALG Inc., to TrueCar Inc. The deal includes a perpetual, royalty-free license for DealerTrack to use cetain ALG intellectual property and data in its products and services.

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Auto Financeby StaffAugust 18, 2011

Sales Pace Slowing in August, Reports J.D. Power

New-vehicle sales continue to increase, but they are doing so at a slower pace. Volume remains flat, and manufacturers continue to be conservative with incentives, according to J.D. Power and Associates.

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Auto Financeby StaffAugust 18, 2011

Default Rates Drop in June

Falling from 1.29 percent to 1.27, the auto loan default rate continued to improve along with other credit categories in July, according to the S&P/Experian Consumer Credit Default Indices.

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Auto Financeby StaffAugust 18, 2011

TrueCar IDs Vehicles With Most Flexible Pricing

TrueCar rolled out its list of 2011 vehicle models with the highest and lowest Price Flex Scores.

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