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Newsby AE eMagazineSeptember 25, 2014

F&I Express® Names Roger Hilterbrandt Executive Vice President of Sales and Marketing

SOUTHLAKE, TX – Intersection Technologies Inc. – F&I Express® is pleased to announce that Roger Hilterbrandt has joined the Executive Team as Sr. Vice President of Sales and Marketing. Roger will be joining the Executive Team that consists of Brian Reed – CEO, and Rich Apicella – Executive Vice President. In Rogers’ new role he ... Read More »

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Newsby AE eMagazineSeptember 24, 2014

Cadillac Seeks Brighter Future in New York

Cadillac, long the king of Detroit’s auto brands, is abandoning Motown, reported The Wall Street Journal. General Motors Co. said on Tuesday that its struggling luxury brand will move 50 key employees and its headquarters to New York next year amid a wider effort to carve Cadillac out as a stand-alone business unit with more ... Read More »

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Newsby AE eMagazineSeptember 24, 2014

NADA Refutes CFPB Proxy Methodology Report

McLEAN, Va. – In response to the Consumer Financial Protection Bureau’s white paper released last week concerning the use of proxy methodology to identify potential discrimination in indirect auto financing, the National Automobile Dealers Association issued a four point rebuttal: The scope of CFPB’s white paper is very limited. It is confined to an analysis ... Read More »

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Newsby AE eMagazineSeptember 24, 2014

Haystack, vAuto Partner to Improve Search Marketing Results

FORT MYERS, Fla. — Haystak Digital Marketing and vAuto are integrating Haystak’s Dynamic Inventory Tool with vAuto’s provision pricing data to tailor advertising to the customer in order to improve the effectiveness of search marketing campaigns. Potential car buyers are shown ads which directly relate to the kinds of cars they are searching for online. ... Read More »

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Newsby AE eMagazineSeptember 24, 2014

General Motors Appoints its First Cybersecurity Chief

General Motors Co on Tuesday named an engineer to serve as its first cybersecurity chief as the No. 1 U.S. automaker and its rivals come under increasing pressure to better secure their vehicles against hackers, reported Reuters. The No. 1 U.S. automaker promoted manager Jeff Massimilla to the post as part of an eight-month review ... Read More »

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Newsby AE eMagazineSeptember 24, 2014

Exeter Finance Corp. Completes $1.65 Billion Warehouse Funding Facility

IRVING, Texas — Exeter Finance Corp. announced last week that Exeter Funding II, a special purpose Delaware limited liability company and wholly owned subsidiary of the company, completed the renewal and extension of its warehouse funding facility. In conjunction with the renewal, the company increased available capacity to $1.65 billion, a $575 million, or 54% ... Read More »

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Newsby AE eMagazineSeptember 24, 2014

New Online Tool Triggers Real-Time Leads for Dealerships

CLEARWATER, Fla. — AutoLoop’s new Instant Online Leads feature brings real-time alerts to sales personnel when prospective buyers are searching for vehicles online. Alerts are triggered by a customized form that online shoppers can fill out requesting follow-up information through a dealership’s website. The feature was added to AutoLoop’s Essentials marketing platform which is an ... Read More »

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Newsby AE eMagazineSeptember 24, 2014

Feldman Joins Spencer Re from Allstate Dealer Services

NEW YORK — Spencer Re, a Spencer Capital Holdings company, today announced that Brian Feldman has joined the firm as executive vice president. “We are excited to welcome Brian to Spencer Re. His diverse F&I experience brings a unique understanding of the business to the firm,” said Ken Shubin Stein, chairman of Spencer Capital Holdings. ... Read More »

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Newsby AE eMagazineSeptember 24, 2014

Deaths From Faulty Switch in G.M. Cars Edge Higher

The death toll from accidents involving General Motors cars with a defective ignition switch has edged up again, reported The New York Times. In a weekly update of claims filed to the victim compensation program run by the compensation expert Kenneth R. Feinberg, the program disclosed that 21 death claims had been deemed eligible for ... Read More »

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Newsby AE eMagazineSeptember 19, 2014

Wise F&I Integrates with MenuVantage

ST. LOUIS, Mo. – Wise F&I LLC, a leading finance and insurance product provider, integrated with MenuVantage, a web-based menu system. The integration with MenuVantage allows for Wise F&I products to be sold through MenuVantage, which offers a custom DMS integration menu selling system for automotive dealers. The advantages of this electronic integration between Wise ... Read More »

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