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Dealer Opsby StaffAugust 14, 2018

USEA Appoints Greg Leonard CFO

US Equity Advantage has added Greg Leonard to its leadership team, naming the veteran executive as CFO.

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Dealer Opsby StaffAugust 14, 2018

McCormick to Emcee Industry Summit

Rick McCormick of Reahard & Associates will serve as master of ceremonies for Industry Summit 2018 this October in Orlando, Fla.

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Dealer Opsby StaffAugust 14, 2018

Aden Named GM of ADESA Brasher’s

ADESA has named Brenda Aden as general manager of its Sacramento-area auction after serving in the same role in Las Vegas.

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Trainingby StaffAugust 13, 2018

Upstream Remarketing Keeping Used-Vehicle Values Strong

Depreciation through the first half of 2018 stood at 13.7%, much lower than the 16.3% rate recorded in the year-ago period. Analysts say upstream remarketing has kept values strong despite the tidal wave of off-lease vehicles that returned to market during the period.

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Trainingby Eric GandarillaAugust 13, 2018

Manheim Used Vehicle Value Index Up 5.1% in July

June’s ‘abnormal bounce” in used-vehicle values continued in July, resulting in the Manheim Used Vehicle Value Index rising to 136.9.

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Dealer Opsby StaffAugust 13, 2018

J.D. Power: Lender Availability, Responsiveness Drive Satisfaction

Big winners in the firm’s 2018 U.S Dealer Financing Satisfaction Study include Mercedes-Benz Financial Services in the Captive Luxury Segment, Volkswagen Credit in the Captive Mass Market segment, Citizens One Auto Finance in the Noncaptive category, and TD Auto Finance in Floorplan.

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Dealer Opsby StaffAugust 13, 2018

Cox Establishes Mobility Solutions Group

Cox Automotive announced the launch of its Mobility Solutions Group, coinciding with and accelerated by the acquisition of Clutch Technologies.

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Dealer Opsby StaffAugust 13, 2018

Equifax Names Reid as USIS Lead

Jenn Reid has joined Equifax as U.S. automotive marketing and strategy lead for U.S. Information Systems.

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Dealer Opsby StaffAugust 9, 2018

Equifax: Subprime Pullback Continued in Q1

Subprime originations fell 4.5% from a year ago to 1.841 million in the first quarter, a period in which total outstanding balances topped a quarter trillion, the firm reported.

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Trainingby StaffAugust 9, 2018

Dealertrack: Vehicle Title Doubles Chances of Sale

Dealertrack has released Accelerated Title, a new solution designed to capitalize on a widely recognized auto retail trend.

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