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NewsMay 30, 2017

Feds Sue Fiat-Chrysler Over Diesels

The Department of Justice filed the complaint on May 23, claiming FCA installed the software in 104,000 diesel Ram 1500 and Jeep Grand Cherokee vehicles. The filing comes days after FCA submitted a proposed software modification to resolve the issue.

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NewsMay 30, 2017

KBB Puts May New-Vehicle Sales at 1.53 Million Units

If the firm's forecast is realized, May's new-vehicle sales total would best April by 7% but would be flat with a year ago. The vehicle information site also believes retail sales will account for 80.5% of volume.

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NewsMay 25, 2017

Experian Acquires String Automotive

String’s marketing intelligence platform will be matched with Experian’s own data-driven insights. The combination will direct dealers on how to spend marketing dollars and where to target their conquesting efforts, officials said.

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NewsMay 25, 2017

Former Dealer Awarded $256 Million in Case Against Nissan Captive

An Orange County Superior Court Jury sided with a former Nissan dealer who claimed the automaker’s captive financing arm forced him out of business during the Great Recession, awarding him $121.9 million in compensatory damages and $134.6 million in punitive damages.

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NewsMay 24, 2017

Mike Black Named President of Dent Wizard

Black replaces Terry Koebbe, who will retain his title as CEO. Black will also operate as COO, a title he's held for the last six years.

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NewsMay 24, 2017

Poll: Most Voters in Battleground States Support Structural Reforms to CFPB

By a three-to-one margin, voters surveyed in seven key battleground states said they prefer a bipartisan commission over a single director.

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NewsMay 24, 2017

PassTime Names New CEO, President

PassTime cofounder Jeffrey Frank was named chairman and CEO, while 19-year company veteran Chris Macheca was named president. The latter will retain his title of COO.

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NewsMay 24, 2017

Westlake Financial Adds eContracting

Through a partnership with eOriginal, Westlake Financial has digitally transformed its dealership management system into an econtrating solution for its network of more than 20,000 new- and used-car dealers.

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NewsMay 24, 2017

CDK to Acquire Auto/Mate Dealership Systems

CDK Global has entered into a definitive agreement with Auto/Mate to acquire the technology company, which provides a suite of DMS products and solutions to more than 1,000 new-car dealerships. The transaction is expected to close later this summer.

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NewsMay 23, 2017

AIADA: Border Adjustment Tax Will Hurt Dealers, Customers

America’s 9,600 international nameplate dealers reinforced their opposition to a border adjustment tax that say will cost U.S. consumers $34.6 billion or about $2,000 per vehicle.

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