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BMW Recalls 2,800 Vehicles
According to The National Highway Traffic Safety Administration’s website, BMW of North America, LLC is recalling 2,846 vehicles to fix a problem with the engine cooling system. The recall includes: 2011 BMW 5-Series 2011 BMW 5-Series Gran Turismo
Apr 23, 2012
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Mopar® Customized Rides Take Spotlight at Beijing International Automotive Exhibition
Beijing – Chrysler Group LLC will head to the Far East to showcase its Mopar® brand in China at the Beijing International Automotive Exhibition. Fiat Freemont features numerous Mopar® accessories Jeep® Wrangler Arctic gets ‘Moparized’ �
Apr 23, 2012
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Should Dealers Have Interest in Pinterest?
During a recent management retreat, a colleague introduced the group to the Internet’s fastest growing social networking site, Pinterest.com. Pinterest (pronounced pin-terest, not pin-interest) has burst onto the Internet with growth rates we haven
Apr 20, 2012
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Audi Pre-Owned Sales Set New March Record
Audi Certified pre-owned sales of 3,351 vehicles set a new March record, besting the previous record of 3,318 set in 2011; Southern and Western regions also achieved all-time records for March.
Apr 20, 2012
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Credit Thaw a Breath of Spring Air to Consumers, Retailers and Lenders
Living in Southern California, I don’t get to experience the four seasons like people in many other parts of the country. However, I recently visited some of my co-workers in Chicago and couldn’t help but notice the smiles on their faces and pep
Apr 20, 2012
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S&P/Experian Credit Default Indices: Consumer Credit Default Rates Decreased in March 2012
NEW YORK — Data through March 2012, released recently by S&P Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in consumer credit defaults showed that, with the exception o
Apr 20, 2012
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Study: Auto Insurance Claims Satisfaction Declines Following Increases in Two Consecutive Quarters
WESTLAKE VILLAGE, Calif., — Customer satisfaction with the auto claims experience declined for the first time in three calendar quarters, according to the J.D. Power and Associates 2012 U.S. Auto Claims Satisfaction Study(SM)—Wave 2 have be
Apr 20, 2012
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Progressive Expands Commercial Auto Coverage Limits
MAYFIELD VILLAGE, Ohio — Progressive Insurance is helping small business owners get a leg up on their competition. The company has doubled the available liability limits of its Commercial Auto policies. It now offers options for $1.5 or $2 mi
Apr 20, 2012
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JPMorgan Chase Reports First-Quarter 2012 Average auto loans up 2% from the prior quarter
NEW YORK — JPMorgan Chase & Co. (NYSE: JPM) recently reported first-quarter 2012 net income of $5.4 billion, compared with net income of $5.6 billion in the first quarter of 2011. Earnings per share were $1.31, compared with $1.28 in the fi
Apr 20, 2012