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NewsAugust 3, 2016

Millennials Want to Buy Cars, Study Finds

Findings from the 2016 Credit Karma Millennial Report have revealed that 90% of Millennials throughout the country currently own a car or want a car.

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NewsAugust 3, 2016

KBB Releases List of Top 10 Back-to-School Cars

For the third year in a row, the Honda Fit ranked No. 1 on Kelley Blue Book’s list of 10 Best Back-to-School Cars. Honda also claimed the third- and fourth-place spots with its Civic and HR-V models, respectively.

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NewsAugust 3, 2016

Cost Estimates are Crucial to Service Appointments, Study Finds

Xtime's survey of 668 vehicle owners shows that a majority (more than 70%) believe cost estimates are either extremely important or very important when setting appointments. These responses outranked all other factors surveyed, like the availability of transportation options and the option to choose different service advisors, the company stated.

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NewsAugust 3, 2016

i3 Brands Announces Integration Deal With Snap-on Business Solutions

Today, i3 Brands announced an integration deal that will have its PartProtection system, a point-of-sale platform that allows car dealers to offer service contracts on OEM parts, integrated into Snap-On Business Solution's electronic parts catalog.

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Articlesby Tony TroussovAugust 2, 2016

3 Keys to Millennial Training

Dealers are using relatable content, brevity, and new technology to design new training modules for their youngest staffers.

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NewsAugust 2, 2016

Ally Financial Moving More Downstream Into Higher Risk Tiers

During Ally Financial's second quarter earnings call, company officials said the finance source is moving downstream into the higher risk, higher yield credit tiers and focusing less on the low-risk superprime loans.

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NewsAugust 2, 2016

Crisorio to Helm Processes and Controls Panel at Compliance Summit

Organizers of the upcoming Compliance Summit have announced that United Development Systems Inc. (UDS)’s Brian Crisorio will lead a panel discussion dedicated to “Easy-to-Implement Processes and Controls” at the 2016 event, which will be held Aug. 29–30 at Paris Las Vegas as part of the annual Industry Summit.

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NewsAugust 2, 2016

Average Transaction Prices Rise in July, KBB Reports

The average transaction price in July was $34,264, a 2.5% increase from the year-ago period, according to Kelley Blue Book. The firm noted that transaction prices were up for all manufactures, with the exception of Nissan.

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NewsAugust 2, 2016

Carfax Introduces Carfax Snapshot

Carfax Snapshot is designed to help consumers shopping on third-party websites make faster buying decisions by putting key vehicle history details — including reported accidents, number of owners, service records, and open recalls — on the search results and vehicle details pages.

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NewsAugust 2, 2016

Industry Summit Extends Early Bird, Hotel Deadline

Attendees who register by midnight this Friday, Aug. 5, will enjoy a $100 discount, will be offered accommodations in the event’s exclusive room block, and will be entered into a drawing for one of two $500 gift cards. The three-day event will begin Monday, Aug. 29, at Paris Las Vegas.

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