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News•by Staff•October 4, 2021

AutoPayPlus by US Equity Advantage Earns Top Auto Industry Award

Company sweeps the biweekly payments category for seventh consecutive year.

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News•by Staff•September 30, 2021

FordDirect and ComplyAuto Team Up to Tackle Privacy and Security Needs of Ford and Lincoln Dealerships

Leading dealer-owned compliance and privacy tech startup to offer important compliance solutions to Ford and Lincoln dealers in first manufacturer partnership.

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News•by Staff•September 30, 2021

automotiveMastermind Helps Dealers Drive Sales & Acquire Inventory from Untapped Sources Amid Ongoing Inventory Shortages

Enhanced offerings let dealers tap into new sales and acquisition opportunities across their service, conquest and loyalty portfolios.

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News•by Staff•September 30, 2021

Average Age of Vehicles on the Road Increases

IHS Markit finds the average age of a car on U.S. roads rose to 12.1 years in 2021, up from 11.9 years in 2020. In comparison, the average age was 9.6 years in 2002.

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News•by Staff•September 30, 2021

New Vehicle Sales to Fall 25% in U.S.

U.S. new vehicle retail sales are expected to drop 888,900 units in September, from 1,182,788 a year ago.

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News•by Staff•September 29, 2021

DealerPeak Partners with Dealer Wizard to Aid Inventory Shortage with to the Penny Lease Offers

Using DealerPeak integrated with Dealer Wizard, dealer groups are now able to see across locations and create and distribute offers that are close or equal to the customer’s current payment.

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News•by Staff•September 29, 2021

Manheim Prepares to Meet the Future Growth of Electric Vehicles

Infrastructure created to “Electrify Manheim” locations to service and support EV for clients.

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News•by Staff•September 29, 2021

iA American Wins Three 2021 Dealers’ Choice Awards

A consistent Dealers’ Choice Awards winner since 2013, this marks the first time iA American has received the top awards for F&I Product Marketing and Data Mining, and for five years strong and counting, the Gold Award for Service Contract Reinsurance.

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News•by Staff•September 29, 2021

Portfolio Wins Diamond, Platinum in 2021 DCAs

Dealers ranked Portfolio No. 1 for Service Contract Reinsurance and No. 2 for Appearance Protection Products (Chemical) in the 2021 Dealers’ Choice Awards.

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News•by Staff•September 28, 2021

Black Book: Weekly Market Report

The market continued to make gains this past week, marking the fourth consecutive week of overall wholesale value increases.

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