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Complianceby StaffAugust 22, 2019

Feds: Fake FinCo Scored 80 Auto Loans Worth $1.7M

Six operators of a nonexistent auto finance company have been sentenced to federal prison or probation for fraudulently obtaining $1.7 million worth of loans from banks and credit unions.

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Digitalby StaffAugust 22, 2019

DealerSocket Adds F&I Product Rates to Precise Price

A new integration with F&I Express brings VIN-specific F&I product rates and content to DealerSocket’s Precise Price digital retailing tool.

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Dealer Opsby StaffAugust 22, 2019

EFG’s Burrow Publishes ‘Chasing Bentleys’

Former dealership manager and current EFG Companies executive Melissa Burrow has published ‘Chasing Bentleys: The Power of Accountability in Achieving Your Goals.’

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Complianceby Tariq KamalAugust 21, 2019

S.C. Dealer Sues Former GM, F&I Manager

Hoover Mitsubishi’s Mark Hoover has sued two former employees accused of doctoring auto loan applications, a scheme that led to an FBI raid and the shuttering of the dealership.

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Digitalby StaffAugust 21, 2019

Universal Integrates ZERO Plan With Darwin Automotive

Universal Lenders, home of The ZERO Plan, announced a full integration with Darwin Automotive’s F&I and digital retailing software suite.

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Awardsby StaffAugust 21, 2019

Lexus Dominates 2019 Resale Value Awards

J.D. Power unveiled its latest Resale Value Awards for mass-market and luxury vehicles, including six model-level awards for Lexus and four more for Toyota.

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Dealer Opsby StaffAugust 21, 2019

Beverly Hills BMW Sold in Recordbreaking Deal

The four-acre, 93,000-square-foot Beverly Hills BMW has been sold for $70 million, an amount billed as the highest ever paid to acquire a Los Angeles auto dealership.

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Digitalby StaffAugust 20, 2019

Vision Releases VisionMenu 4.0

Vision Dealer Solutions announced the launch of VisionMenu 4.0, the latest update to the VisionMenu Classic electronic F&I menu.

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Dealer Opsby StaffAugust 20, 2019

SMART Payment Plan Adds 30 New Markets

Matching payments program provider SMART Payment Plan is seeking agents to represent the company in 30 new U.S. markets.

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Dealer Opsby StaffAugust 20, 2019

Report: Auto Dealers Stand Out Among Reputation-Dependent Industries

Reputation.com’s 2019 Auto Reputation Report finds reputation drives sales volume, charting a 1% increase in sales for every 30- to 40-point increase in reputation score for auto dealers.

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