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Articlesby Tom HudsonJuly 21, 2016

Dealer ‘Clipped’ for $2.4 Million

A South Carolina dealer learned the hard way that concealing damage to a used vehicle can result in costs that far outweigh its value.

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NewsJuly 21, 2016

Compliance Summit: Van Over to Deliver 'A Dealer's Best Defense' Workshop

Organizers of the upcoming Compliance Summit Las Vegas announced that trainer and compliance expert Gil Van Over will deliver a featured presentation at the event, which is scheduled for Aug. 29–30, 2016. The event will be held at Paris Las Vegas as part of the annual Industry Summit.

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NewsJuly 21, 2016

J.D. Power: Shopping Tools on OEM Websites Improves Customer Satisfaction

A new study from J.D. Power shows that online shopping tools on manufacturer websites significantly improves satisfaction for consumers shopping for a vehicle. The three best-performing sites belong to Land Rover, Jaguar, and Mercedes-Benz.

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Newsby Gregory ArroyoJuly 21, 2016

Trade Groups Call on U.S. Senators to Support CFPB-Reform Bill

The same week the CFPB celebrated its five-year anniversary, trade groups representing various motor vehicle industries urged U.S. Senators to support legislation that would rescind the regulator’s March 2013 guidance on dealer participation, among other things.

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NewsJuly 21, 2016

87% of Consumers Dislike Dealership Experience, Survey Finds

Conducted by Harris Poll on behalf of online retailer Beepi, the study revealed an apparent distrust and negative opinion of car dealerships among consumers polled. In the survey’s findings, 61% of respondents felt like they were taken advantage of at some point in the dealership.

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NewsJuly 20, 2016

Capital Z Acquires Portfolio Group

Capital Z Partners Management announced it has acquired Portfolio Group Inc. from Frontenac Company LLC. The F&I product provider's current management team will retain their current roles and significant ownership.

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Newsby Gregory ArroyoJuly 20, 2016

3 States Charge VW Execs With Fraud in New Lawsuits

Regulators in Maryland, Massachusetts and New York charge that the emissions scandal and alleged cover-up was orchestrated and approved 'at the highest levels of the company, up to and including former CEO Martin Winterkorn.'

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NewsJuly 20, 2016

What's Next Media Selects Flick Fusion as Preferred Video Marketing Provider

What’s Next Media will leverage Flick Fusion’s Smart Flicks marketing platform to hose and distribute its customers' videos.

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NewsJuly 20, 2016

Manheim Names Two New Vice Presidents

Manheim has named Derek Hansen vice president of digital inventory solutions and Angela Babin vice president of retail solutions.

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NewsJuly 20, 2016

Dent Wizard Appoints New Regional Operations Director

The new director, Paul Spears, will be responsible for leading the company's safety and compliance efforts, as well as providing additional operational support for the company's paint shops and Frontline Fast dealer clients.

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