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Experian Automotive: Loan delinquencies and automotive repossessions drop in Q2

Schaumburg, Ill. — Experian Automotive today announced that consumers continued to make timely automotive loan payments in Q2 2012, lowering the average delinquency rate across all lending organizations, including banks, captive finance arms, finan
Aug 14, 2012
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Kbb.com Analyst: New-Vehicle Sales Increase at Expense of Used Cars

According to Alec Gutierrez, senior market analyst of automotive insights, Kelley Blue Book, the gap between new- and used-vehicle pricing in many segments has narrowed significantly, with new vehicles, on average, selling for only 11.5 percent more
Aug 14, 2012
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Survey: Maintenance Plans Keep Consumers Servicing at Dealership After Expiration

New DMEautomotive survey reveals that prepaid or complimentary maintenance plans, combined with excellent service delivery, are among the best ways to win and retain consumer loyalty – especially ‘next-gen’ customers DAYTONA BEACH,
Aug 14, 2012
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Report: U.S. Auto Dealership Network Stable, On Track to Achieve Record Sales Per Store in 2012

Urban Science Franchise Activity Report shows healthier, more profitable dealer network returning to pre-recession form  DETROIT – Urban Science released 2012 midyear statistics and insights from its automotive Franchise Activity Report (FAR),
Aug 14, 2012
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What Your Competition Doesn’t Want You to Know

Today’s auto shoppers are empowered like never before with real-time information at their fingertips. They are able to stay in control of the buying process in ways not possible before.  For dealerships that engage, access and respond to today’s
Aug 14, 2012
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Global Lending Services Acquires the Business of Resurgent Auto Finance

New Market Entrant Creates More Sub-Prime Finance Options For Automotive Industry ATLANTA – Global Lending Services LLC, an Atlanta-based auto finance company founded earlier this year by auto industry veteran, Douglas Duncan, has acquired the bus
Aug 14, 2012
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PenFed Announces New Affinity Relationship with the American Medical Association

ALEXANDRIA, Va. — PenFed (Pentagon Federal Credit Union) and the American Medical Association (AMA) announced that PenFed is a preferred provider of select financial products for AMA members. For AMA members interested in joining the credit uni
Aug 14, 2012
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Ram Truck Brand Captures Beauty of Texas Landscape in Retro-inspired Print Ads Placed in Annual Hunting and Fishing Guide

Auburn Hills, Mich. – Illustrative posters created in the 1930s and ’40s to stir the public’s imagination for travel and adventure are the inspiration for a new series of print advertisements for 2013 Ram pickup trucks. Ram Trucks retur
Aug 14, 2012
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Road-Ready Certified program for classic vehicles adds buyer option with road test, vehicle history report, and more

PHOENIX — Road-Ready CertifiedTM, a nationally recognized, independent quality assurance inspection program that verifies the overall condition and roadworthiness of classic vehicles, announced today the introduction of the Road-Ready Evaluati
Aug 14, 2012