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Newsby AE eMagazineSeptember 2, 2014

Former Cox Automotive GM Named AutoAlert CEO

IRVINE, Calif. — AutoAlert, a provider of cloud-based data mining analytics and dealer portfolio management solutions, has named Brian Skutta as its new CEO and appointed Akshaya Mehta to the newly created position of chief technology officer. Boyd Warner, who served as CEO since co-founding the company in 2002, becomes co-chairman alongside Steve Young. “I ... Read More »

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Newsby AE eMagazineSeptember 2, 2014

Western Funding Announces Instant Approvals on DealerCenter

LOS ANGELES, Calif. — Western Funding Inc. is now active on DealerCenter. This integration makes Western Funding financial products more accessible to dealerships by offering instant approvals and the ability to change the structure of the deals on DealerCenter’s web-based platform. “We’re excited to partner with DealerCenter to offer 24/7 instant approvals,” said Guerin Senter, ... Read More »

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Newsby AE eMagazineSeptember 2, 2014

Ally Launches Online Tool to Help Car Buyers Decide Between Leasing or Buying

DETROIT — Ally Financial has launched a new tool to help consumers decide whether buying or leasing might be their best option when shopping for a vehicle. Available for free on Ally’s website, the interactive buy or lease tool will help arm consumers with the right information to start the vehicle financing process, officials said. ... Read More »

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Newsby AE eMagazineSeptember 2, 2014

Fiat-Chrysler Sees New York Stock Market Listing on October 13

Fiat-Chrysler aims to list shares in the newly merged carmaker in New York on Oct. 13, Chief Executive Sergio Marchionne said on Saturday, adding that a decision on any capital increase would be made at the end of that month, reported Reuters. He was speaking a day after the merger between Fiat and its U.S ... Read More »

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Newsby AE eMagazineSeptember 2, 2014

U.S. Auto Sales Seen Ending Summer Without A Sizzle

U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years in the rear-view mirror, reported Reuters. Analysts polled by Thomson Reuters expect monthly sales of about 1.5 million ... Read More »

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Newsby AE eMagazineAugust 27, 2014

New Jersey Car Dealer, DMV Employee Plead Guilty in Scam to Sell Superstorm Sandy Flooded Vehicles

A used car dealer in New Jersey has admitted selling seven vehicles that sustained flood damage during Superstorm Sandy after a Motor Vehicle Commission office employee created clean titles for them, reported lehighvalleylive. Jonathan Olin, 42, of Manalapan, pleaded guilty to theft by deception and Jessie Dinome, 30, of Jackson, pleaded guilty to tempering with ... Read More »

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Newsby AE eMagazineAugust 27, 2014

Customers Less Satisfied With Automakers, Survey Finds

When it comes to making their customers happy, the world’s automakers have hit a bit of a rough patch, reported NBC News. For the second-straight year, satisfaction with the auto industry is down, according to a new American Customer Satisfaction Index report released Tuesday. The ACSI score for cars and light trucks is now 82 ... Read More »

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Newsby AE eMagazineAugust 27, 2014

Anti-UAW Workers Seek to Form Union at Volkswagen Plant

Employees at the Volkswagen AG auto plant in Chattanooga, Tennessee, are attempting to form a union that will include hourly and salaried workers as a counter to the United Auto Workers Local 42 established last month, a leading anti-UAW worker said on Tuesday, reported Reuters. Mike Burton, who helped anti-UAW workers defeat the UAW’s effort ... Read More »

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Newsby AE eMagazineAugust 27, 2014

GM Ignition Switch Compensation Program Receives More Than 300 Claims, Including 107 Death-Related

The General Motors Co. ignition switch compensation program has received 309 claims through Monday, including 107 related to fatal accidents, reported Michigan Live. Camille S. Biros, of Feinberg Rozen LLP, which is overseeing the program for the Detroit-based automaker, said payments to eligible victims and their families are expected to be finalized by the end ... Read More »

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Newsby AE eMagazineAugust 26, 2014

Digital Air Strike Named to the Inc. 500|5000 List of America’s Fastest Growing Private Companies

SCOTTSDALE, Ariz.- Digital Air Strike, one of the nation’s leading automotive social media, online reputation and lead-response companies, announced today that Inc. magazine has named it as one of the Top 5000 Fastest-Growing Private Companies in the country. Based on a three-year growth rate of 313 percent, Digital Air Strike ranked #1 in revenue/#5 in ... Read More »

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