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Articlesby Greg GoebelJanuary 14, 2015

The Inventory Tsunami

As predicted, November brought big book drops to used-vehicle inventories nationwide. Special finance guru lays out a plan for beating the winter blues, moving the metal and planning for success in 2015.

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ArticlesCover StoryJanuary 13, 2015

Lead Generator or Time Waster?

Early experiments with social media have left many dealers wondering whether they should continue to invest time and money in the platform and how to quantify the return on investment.

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NewsJanuary 13, 2015

Ally to Make FICO Scores Available to Customers

Ally Financial Inc. will begin piloting in February a new program designed to provide customers with free access to their FICO score. The company expects to fully launch the new service this summer.

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NewsJanuary 13, 2015

Wholesale Used-Car Prices Down Slightly in December, Kontos Reports

Average wholesale used-vehicle prices fell modestly in December but remained up on a year-over-year basis, according to a report from ADESA’s Chief Economist Tom Kontos.

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NewsJanuary 13, 2015

Auto/Mate Introduces Online Service Scheduling, Menu-Building Solution

Rev/Mate will be rolled out in Auto/Mate’s Automotive Productivity Management Suite Fixed Ops/Mate module in 2015. The solution is designed to help service departments maximize customer pay revenue while creating a quality customer experience.

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NewsJanuary 10, 2015

KBB Predicts 16.9 Million U.S. Sales in 2015

Despite predicting that new-vehicle sales will rise above 2014 levels, the vehicle information site believes 2015 will be the slowest year for sales growth since 2009.

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NewsJanuary 8, 2015

2014 U.S. Vehicle Sales Rise to 16.5 Million Units

A 10.8% new-vehicle sales increase in December capped off a year in which the industry broke through the 16 million-unit mark.

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NewsJanuary 7, 2015

Used-Vehicle Prices Remain Resilient in 2014

Stronger pricing activity and fuel price trends highlighted a better-than-expected 2014 for used-vehicle prices, which outperformed 2013 levels and beat Black Book’s initial expectation.

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NewsJanuary 7, 2015

Mercedes-Benz USA to Relocate HQ to Atlanta

Mercedes-Benz USA will begin relocating its corporate headquarters to Atlanta from its current facility in Montvale, N.J., in July.

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NewsJanuary 7, 2015

GO Financial Completes Sale of Additional Equity Interest to Manheim

GO Financial, a Phoenix-based subprime auto finance company, completed the sale of an additional equity interest in the company to Manheim.

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