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Calif. Vintage-Car Dealer Sentenced for Embezzling $200K

According to F&I and Showroom, a California vintage-car dealer is sentenced for embezzling $200K. A car business owner and operator was convicted and sentenced today for embezzling $200,000 from the sale proceeds of rare and vintage vehicles sold
Jul 26, 2013
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Car Lease Payments Drop -3.8% From Year Ago

Car lease prices on today’s most popular brands dropped -3.8% from year ago payment levels. The below data also show that people are staying in their leases at roughly the same amount of time before opting to exit their contract compared with year
Jul 26, 2013
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Asbury, Sonic, Lithia and Group 1 Evaluate Latest CFPB Effect on Lender Relationships

Asbury, Sonic, Lithia and Group 1 evaluate latest CFPB effect on lender relationships, according to SubPrime Auto Finance News. Of the four public dealer groups that conducted conference calls this week to discuss second-quarter results, only one sha
Jul 26, 2013
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Value Shoppers Turn to Used Cars

Value shoppers turn to used cars, according to BizSmart. With used-car prices falling and the quality of late-model cars improving, buyers are now getting a lot more bang for their buck. Recent redesigns, especially in the midsize- and compact-sedan
Jul 26, 2013
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GM Earns $1.2 Billion in Second Quarter

According to The Detroit News, GM earns $1.2 billion in the second quarter. General Motors Co.’s less-than-expected loss in Europe helped the company post a $1.2 billion second-quarter profit Thursday. It indicates the automaker’s European turnar
Jul 26, 2013
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Sales Surge for Independents Dominates Used Market

According to Auto Remarketing, sales surge for independents dominates the used market. CNW Research is calling for a slim upswing in used-vehicle sales this month, but that’s not what the firm found most interesting about the used market. Stealing
Jul 26, 2013
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Using Behaviors to Drive Data-driven Marketing

Using behaviors to drive data-driven marketing, from Customer Think. The saying “actions speak louder than words” has never been more true than when it comes to segmentation. In trying to understand customers, both words and actions have
Jul 25, 2013
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How to Create Perfect Social Media Posts

How to create perfect social media posts, according to Ragan.com. We all wish there were a magic formula we could follow to create Facebook posts that our fans love or tweets that spark retweets by the thousands. Alas, there isn’t. Each social netw
Jul 25, 2013
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Google Press Event – Happening Now – Watch Live

Key new releases: Android 4.3 The new Nexus 7 tablet – the highest resolution tablet available now. ChromeCast – This allows a one-click way to stream videos through TVs using the ChromeCast Dongle. Fully automates TV actions through your
Jul 24, 2013