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Newsby AE eMagazineNovember 17, 2016

Bazaarvoice: Consumer-Generated Content ‘Critical’ to Sales

AUSTIN — Ratings, reviews, photos and videos created by customers — collectively known as “consumer-generated content” (CGC) — have become a “critical” component in dealership branding and vehicle sales, according to new research from Bazaarvoice. “In many industries we work with — like consumer electronics, home improvement, apparel, etc. — CGC is widely adopted,” Brendan Yancy, ... Read More »

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Newsby AE eMagazineNovember 16, 2016

South Dakota Voters Approve 36% APR Cap on Short-Term Loans

SIOUX FALL, S.D. — Voters there approved an initiated measure aimed at capping interest rates on short-term loans in the state. Included in the cap are all charges for ancillary products and any other fees included in the extension of credit. Initiated Measure 21, which was passed last Tuesday by 75.6% of voters, places a ... Read More »

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Newsby AE eMagazineNovember 16, 2016

NADA: 17.4 Million Units Possible for 2017

LOS ANGELES — Noting that the economic outlook is a little less certain than a week ago, the National Automobile Dealers Association’s Steven Szakaly called for a 17.1 million-unit year in 2017. But the NADA’s chief economist said he’ll have a better read by the end of February, beginning of March. By that time, Szakaly ... Read More »

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Newsby AE eMagazineNovember 16, 2016

KBB Announces 2017 Best Buy Awards

IRVINE, Calif. — Kelley Blue Book today announced the winners of its 2017 Kelley Blue Book Best Buy Awards. The 2017 Honda Civic was named the Overall Best Buy of 2017, however, 11 other vehicles also took top honors for their respective categories. “Kelley Blue Book editors went to the unprecedented choice of honoring the ... Read More »

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Newsby AE eMagazineNovember 16, 2016

Fidelis PPM, MaximTrak Announce Integration

SCOTTSDALE, Ariz. — Fidelis PPM, a CU Direct company, announced today that its retention-building prepaid maintenance software is now integrated into MaximTrak Technologies’ F&I platform. This integration enables F&I departments using the MaximTrak platform to deliver e-contracting functions between systems, providing dealerships with a paperless solution for presenting, validating, and registering Fidelis products. “Dealers who ... Read More »

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Newsby AE eMagazineNovember 16, 2016

Ex-Cox Automotive Executive Joins National Credit Center

LAS VEGAS — Sackett National Holdings Inc., a provider of lending data, energy, employment screening and automotive products and services, announced the appointment of Robert Granados as president of its automotive subsidiary, National Credit Center (NCC). As president, Granados will be responsible for providing executive leadership and overseeing the company’s day-to-day strategy and operations. Additionally, ... Read More »

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Newsby AE eMagazineNovember 16, 2016

FTC Approves Final Changes to Used Car Rule

WASHINGTON, D.C. — The Federal Trade Commission announced final amendments to its Used Car Rule today. The agency has sought public comments on a series of proposed changes to the rule, which requires car dealers to display a window sticker, or “Buyers Guide,” on used cars offered for sales. The guide discloses whether the dealer ... Read More »

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Newsby AE eMagazineNovember 15, 2016

AGWS Announces New Member of Sales Team

WARRENVILLE, Ill. – American Guardian Warranty Services, Inc. (AGWS) is proud to announce a new member of our sales team in the central Atlantic states. Zachary Hughes becomes the newest part of American Guardian’s field team as AVP of Sales for the Central Atlantic States. His area includes Ohio, Tennessee, South Carolina, and Virginia. He will ... Read More »

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Newsby AE eMagazineNovember 14, 2016

AUL Corp celebrates 16th Presidents Club Event in Cuba

“It was very exciting to be in Cuba and engage with the Cuban people,” said Chief Operating Officer Jimmy Atkinson. “We toured several areas before ending in Havana, and the people couldn’t have been friendlier. In many ways, it was like stepping back in time. It was an honor to be able to host our Presidents Club agents and share the ... Read More »

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