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Manheim Experts in Automotive Customer Relations and User Experience Explain How To Improve Sourcing Inventory and Marketing to Consumers
The maxim “work smarter, not harder” rings true now more than ever. Sourcing inventory can be challenging in a unit-scarce and financially-tight market. But fortunately, there are more ways to get the right vehicles than ever before. Take advanta
Oct 5, 2012
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Used Car Workshop Manager Discusses How to Successfully Sell Trade-Ins
Frank Alfano, used car workshop manager and in-store trainer for Tim Deese and Progressive Basics Used Car Manager Training School, will be sharing his expertise on how to successfully sell pre-owned vehicles. Tim Deese, a veteran pre-owned car de
Oct 5, 2012
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Hertz Extends Tender Offer to Acquire Dollar Thrifty
PARK RIDGE, N.J.– Hertz Global Holdings, Inc. (NYSE: HTZ) this week announced that it has extended the expiration date of its previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotiv
Oct 5, 2012
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DealerTrack and RouteOne Settle Patent Infringement Lawsuit
LAKE SUCCESS, N.Y. and FARMINGTON HILLS, Mich. — DealerTrack Holdings, Inc. (Nasdaq: TRAK) and RouteOne LLC today announced that they have settled patent infringement litigation that DealerTrack, Inc., commenced against RouteOne in 2004. Under
Oct 5, 2012
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PenFed Extends 1.49% APR* Online Only Auto Financing Campaign
The credit union has extended its 1.49% APR* auto financing for online applications through the month of October on new, used, and external refinanced autos. For this campaign, the rate will be available on financing terms between 12 to 60 months. AL
Oct 5, 2012
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With More 2013 Models in the Mix, September Incentives Fall, Reports Edmunds.com
SANTA MONICA, Calif. — Automaker incentives fell slightly in September as more and more 2013 models have hit the market, reports Edmunds.com, the premier resource for automotive information. According to Edmunds.com’s True Cost of Incentives�
Oct 4, 2012
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Import Wholesale Values Decline More Than Domestic In September
According to Black Book weekly reports, during the month of September, import used vehicle values declined –1.8% compared with domestic models which declined –1.4% on the month. Used imports are currently averaging $20,033, down from $20,400 at t
Oct 4, 2012
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The Year of Enforcement Continues: The CFPB’s First Enforcement Action and its Implication for Auto Dealers
The Consumer Financial Protection Bureau (“CFPB”) entered into its first enforcement action consent decree with Capital One Bank ordering Capital One to pay in excess of $210 million which includes settlement of an Office of Comptroller of the Cu
Oct 4, 2012
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Gold in Old (and I Don’t Mean Old Cars)
Let’s look at a few facts about senior citizens. Most of them are retired, stable, honest, smart, available to work and bored. A lot of senior citizens in your community want to work because their good work ethic remains ingrained as part of their
Oct 4, 2012