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NewsFebruary 25, 2014

EFG Partners With Auto Financial Group to Expand Balloon Financing Product

The partnership aims to drive up market share of Auto Financial Group’s DrivingSense option, a hybrid financing product that acts like a lease.

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NewsFebruary 25, 2014

Larry H. Miller CEO to Appear on ‘Undercover Boss’

The company’s chief executive is set to appear on the Emmy Award-winning show on Feb. 28. The episode will focus on the Utah Jazz and game-night operations at EnergySolutions Arena.

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NewsFebruary 25, 2014

Digital Air Strike Launches Social Media App

The company claims to have the first social media app that operates on the Microsoft Windows 8.1 platform. It is designed to allow dealers to manage their social media profiles and online reputation in real time.

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NewsFebruary 25, 2014

Manheim to Purchase Stake in Go Financial

The provider of vehicle remarketing services signs agreement to purchase an equity stake in the subprime finance source. The transaction is expected to close in June.

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NewsFebruary 25, 2014

Light Vehicle Sales Rebounding in Late February, JD Power and LMC Report

Early returns for the month of February show sales of light vehicles rebounding after being hampered by severe weather disruptions in much of the United States.

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NewsFebruary 25, 2014

CNA Distributes Nearly $30 Million Through Dealer Participation Plans in 2013

CNA officials tout strength, stability and flexibility of its various participation plans after distributing approximately $30 million to dealers for the fourth consecutive year.

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NewsFebruary 25, 2014

Auto Loan Balances Reach New High in Q4, Experian Reports

Open automotive loan balances reached a new high in the end-of-year quarter, while delinquencies stayed below prerecession levels, according to Experian Automotive’s fourth-quarter data.

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ArticlesFebruary 24, 2014

No More Excuses

Your customers are not to blame for your lack of back-end profit on subprime deals. It’s time to stop overselling your inventory and start producing.

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ArticlesFebruary 24, 2014

Who Can Take Your Place?

Succession planning requires dealers to re-evaluate their business, their successors’ qualifications and their own past decisions — both good and bad.

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ArticlesFebruary 24, 2014

New Customs

Keeping up with technology requires us to constantly re-evaluate our needs and take no tool for granted.

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