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Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
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SEARCHMENUSEARCHA collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
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ATLANTA — Manheim announced this week that it has been selected by DriveTime as an exclusive remarketing partner along with Go Auto Exchange. This first-ever partnership makes Manheim and Go Auto Exchange DriveTime’s primary source for remarketing wholesale inventory through its physical locations, mobile auctions and online. DriveTime operates 122 stores in 47 markets. “Through ... Read More »
Read More →MINNEAPOLIS, Minn. — The U.S. District Court ruled in favor of the owner of a Minnesota car dealership who challenged the federal mandate to provide contraceptive coverage to his employees. Because of his faith-based objections, Hastings Automotive owner Doug Erickson is no longer required to provide coverage. “I am grateful that the court’s ruling today ... Read More »
Read More →Chrysler Group is expanding its U.S. recall of older-model vehicles with Takata Corp passenger-side air bags, adding a second inflator design to the recall and more affected regions, reported Reuters. Chrysler, a unit of Fiat Chrysler Automobiles, said in a statement late Thursday that it was recalling 208,783 vehicles by adding the second inflator family ... Read More »
Read More →The Senate is nearing an agreement to confirm the next head of the National Highway Traffic Safety Administration, reported The Detroit News. National Transportation Safety board member Mark Rosekind’s nomination was “hotlined” Friday — an informal request to members of the Senate to agree to allow a nomination or resolution to be approved by the ... Read More »
Read More →Ford Motor Co. named former U.S. Federal Communications Commission chairman William Kennard to its board, adding someone with Washington experience as the auto industry faces increased regulatory scrutiny amid mounting recalls, reported Bloomberg. Kennard, 57, will succeed director Homer Neal, who has reached mandatory retirement age, Dearborn, Michigan-based Ford said in a statement today. Kennard, ... Read More »
Read More →WASHINGTON – A new study by the research firm Charles River Associates (CRA) casts doubts on recent allegations made by the Consumer Financial Protection Bureau (CFPB) against Toyota Motor Credit Corp. and American Honda Finance Corp. concerning disparate impact in the pricing of auto loans, reported the NADA. Among the CRA study’s key findings was ... Read More »
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SAN JOSE, Calif. — A1 Software Group announced its new dealership CRM, Selly, a mobile focused, lightweight CRM for automotive sales. Selly is designed for small to medium sized dealerships and was initially distributed as a mobile app. “The majority of vendors have built complicated systems that have been selling for years with minimal updates ... Read More »
Read More →ATLANTA, Ga. — Manheim selected Shane O’Dell to be the senior vice president of wholesale service, a new role within the company. O’Dell has worked in the vehicle finance industry since 1995. “We feel putting in place a leader with Shane’s industry and operation experience will help us drive continued innovation and growth in this ... Read More »
Read More →DALLAS — Experian Automotive has entered into an agreement with VehicleXchange LLC (VX), allowing the new company to incorporate Experian data into its new suite of auto-loan equity tools, as well as develop a new generation of services that will range from service drive and data mining to dynamic appraisal and digital auto retailing. “VehicleXchange ... Read More »
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