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NewsDecember 29, 2015

IHS Acquires Canadian Provider of Vehicle History Reports

IHS Inc., the company that purchased CARFAX in 2013, has purchased CARPROOF Corp. for approximately $460 million. The Canadian company is a provider of vehicle history reports, vehicle appraisals and valuations.

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NewsDecember 1, 2015

Spireon’s Kahu Provides New Revenue Stream for Dealers

Spireon’s new Kahu connected car service can be used to track and manage inventory. But dealers can also upsell the service’s mobile app to customers, who can take advantage of Kahu’s theft recovery, 24/7 vehicle location and smart alerts features.

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NewsDecember 1, 2015

TimeHighway, Recall Masters Team Up on Recall Service Solution

Recall Masters has integrated its real-time recall status service with TimeHighway’s online scheduling solution, allowing dealers to purchase parts and free up technicians before a customer arrives for service.

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NewsNovember 25, 2015

Recall Masters Launches New Website

The new site serves as a one-stop shop for all automotive recall news, data, training and communications, according to officials.

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NewsNovember 11, 2015

Panasonic to Release Service Bay-Ready Laptop

The new device, which Panasonic describes as the first fully rugged detachable laptop, will be available in February 2016 for an estimated price of $3,099.

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NewsNovember 10, 2015

Volkswagen Launches 'TDI Goodwill Program'

Volkswagen has launched a "TDI Goodwill Program" to offer compensation to owners of its diesel-powered vehicles.

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NewsOctober 29, 2015

FTC Approves Consent Order Against BMW North America

Under the approved consent order, BMW is barred from telling MINI owners that routine maintenance must be done by franchised dealers in order to ensure a vehicle’s safe operation or to maintain its value.

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NewsOctober 27, 2015

NADA: Employee Salaries at New-Car Dealerships Rise

Not only was employee turnover below the rate recorded in the private sector, dealership employees earned 29% more than private-sector workers. The study also showed that F&I had the highest ratio of women.

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NewsOctober 13, 2015

Depreciation On Pace to Reach 14% by Year-End, Black Book Reports

The vehicle-pricing firm reported today that the pace of depreciation in September remained relatively unchanged from August. It expects average depreciation to approach pre-recession levels by year-end.

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NewsOctober 6, 2015

Hacked Cars Could Spread Malware Via Dealers, WIRED Reports

At a hacker conference last month, security consultant Craig Smith said a malware-infected vehicle coming in for service could potentially infect a dealership’s testing equipment, which would in turn spread the virus to every vehicle a dealership services.

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