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Industryby AE eMagazineFebruary 3, 2015

IDDS Vice President Max Zanan Earns AFIP Certification

COLLEYVILLE, TEXAS – Max Zanan, co-owner and vice president of IDDS, passed the AFIP certification exam in January. IDDS, based in New York City, provides F&I products, training and consulting services to automotive dealers in New York and Florida. Zanan has 14 years of experience in F&I. He rose through the dealership ranks to serve ... Read More »

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Industryby AE eMagazineJanuary 28, 2015

Alpha Warranty Services Facility Expansion Complete

Alpha Warranty Services is proud to announce the completion of their expansion at their corporate headquarters in Riverton, Utah. The expansion to the Riverton office will encompass 16,000 square feet and is centered on a 1.5 acre lot. The new office expansion includes a two story office space equipped with a large state of the ... Read More »

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Industryby AE eMagazineJanuary 27, 2015

J.D. Power Projects Best January Sales in 10 Years

WESTLAKE VILLAGE, Calif. — January new-vehicle sales are expected to reach levels not seen since 2004, according to a sales forecast from J.D. Power and LMC Automotive. The two firms expect sales for the month to reach 932,000 units, an 8.5% increase over January 2014. The total retail SAAR in January is expected to reach ... Read More »

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Industryby AE eMagazineJanuary 27, 2015

NADA Issues Compliance Guide on Federal Advertising Rules

SAN FRANCISCO — The National Automobile Dealers Association (NADA) issued a new publication last week — the first day of its annual convention — designed to assist new-car dealers in complying with federal advertising requirements on the sale, financing and leasing of automotive products and services. “A Dealer Guide to Federal Advertising Requirements” was released ... Read More »

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Industryby AE eMagazineJanuary 27, 2015

RouteOne Doubled Procesed eContracts in 2014

SAN FRANCISCO — At the NADA Convention and Expo, RouteOne announced that it more than doubled the amount of econtracts processed in 2014 to 1.55 million contracts. The technology firm attributed the growth to widespread adoption by more than 4,600 dealers and increased finance source participation. “Early last year we announced a 2014 goal to ... Read More »

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Industryby AE eMagazineJanuary 27, 2015

Dealertrack Adds New Connected Solutions to Product Lineup

LAKE SUCCESS, N.Y. — At the 2015 National Automotive Dealers Association (NADA 2015) Convention & Exposition in San Francisco last week, Dealertrack showcased its latest connected technologies and services that are driving today’s online to in-store convergence in automotive retailing. “2015 is going to be an exciting year for the automotive retail industry,” said Raj ... Read More »

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Industryby AE eMagazineJanuary 27, 2015

Gov. Jeb Bush Slams CFPB’s ‘Unelected Bureaucrats’ Over Dealer-Assisted Financing Regulations

SAN FRANCISCO – The fate of the country rests on moving government out of the way of business so “the promise of fair and free opportunity returns to America,” former Florida Gov. Jeb Bush told a capacity crowd at the National Automobile Dealers Association Convention & Expo on January 23. And while the audience of ... Read More »

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Industryby AE eMagazineJanuary 27, 2015

NADA Chairman: New-Car Dealers Are Catalysts for Change

SAN FRANCISCO – In his first keynote address as chairman of the National Automobile Dealers Association, Bill Fox delivered a message to critics of the franchised dealer network, according to NADA. “The automotive franchise system is the best and most efficient method of bringing new vehicles to the driving public,” Fox said today in remarks ... Read More »

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Industryby AE eMagazineJanuary 27, 2015

The Next Up Unveils Geo-Fencing Solution

ANAHEIM, Calif. —At NADA 2015, The Next Up launched a geo-fencing product, LiveDrive, to help managers better determine test drive success based on route, time spent and speed, among other factors. LiveDrive will now be offered as a standard feature within The Next Up solution. Built within The Next Up App, as soon as the ... Read More »

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Industryby AE eMagazineJanuary 27, 2015

CPS Subpoenaed By DOJ

IRVINE, Calif. — In a regulatory filing posted last week, Consumer Portfolio Services revealed that the U.S. Department of Justice has subpoenaed the finance source, requesting documents related to its subprime auto finance practices and related securitization activities. CPS received the subpoena on Jan. 14, according to the Securities and Exchange Commission filing. “Other purchasers ... Read More »

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