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F&Iby Paul ClintonMay 22, 2017

VW's 3.0L Settlement Approved by Judge

Judge Charles R. Breyer of the U.S. District Court for the Northern District of California granted final approval on May 17. The U.S. Environmental Protection Agency and California Air Resources Board have also approved the agreement.

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Auto Financeby StaffMay 22, 2017

Kontos: Wholesale Prices Show Strength Again in April

Average wholesale used-vehicle prices reached $11,141 in April, a 2.2% increase from March and a 2.5% increase from a year ago, Tom Kontos reported. The only three segments registering declines were compact, mid-size, and luxury cars.

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F&Iby StaffMay 22, 2017

RoadVantage Releases New Series of Point-of-Sale Product Videos

Six months after releasing its first educational F&I product video, the F&I product provider released a new series of point-of-sale product videos dealers can use in their F&I offices and on their websites.

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Complianceby StaffMay 22, 2017

Fixed-Ops Specialist Issues Warning

A visit of service departments across the nation revealed that 25% of service lifts are out of compliance with the OSHA’s vehicle lift maintenance and inspection standards. Fixed-ops expert issues a warning and offers four recommendations for maintaining worker safety.

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F&Iby StaffMay 18, 2017

Former Chase Custom Exec Joins Westlake

The once head of Chase Custom Finance is back. Today, Westlake Financial Services announced it has contracted Bill Jensen to focus on developing its strategic accounts division.

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F&Iby StaffMay 18, 2017

KISS Concepts, American Auto Shield Join Forces

KISS Concepts Group's Rod Heasley will head up a new division at American Auto Shield dedicated to the launch of a new customizable VSC program. The union marks American Auto Shield's entrance into the dealer arena after focusing exclusively on direct-to-consumer opportunities.

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F&Iby StaffMay 18, 2017

NY Fed: Household Debt Surpasses 2008 Peak in Q1

The feat comes almost nine years after the Great Recession, when household debt reached $12.68 trillion. But the debt and its borrowers look quite different today, the New York Fed noted, and auto finance sources showed signs of tightening in response to some deterioration in auto loan performance.

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Showroomby StaffMay 18, 2017

Jumpstart: Chevy Outduels Ford in April Rankings

Jumpstart Automotive Media reports strong gains among domestic manufacturers in its monthly insights report. It also reveals that Chevrolet passed Ford as the brand with the most shopper interest across the firm's portfolio of automotive publishers.

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F&Iby StaffMay 18, 2017

700Credit, FactorTrust Partner to Help Dealers With Underbanked Car Buyers

FactorTrust provides credit data that incorporates verifiable payment histories from transactions such as short-term loans, credit and prepaid card, wireless services and collection agencies. Through 700Credit, dealers will gain access to this information to serve customers with thin credit files or who are underbanked

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F&Iby StaffMay 18, 2017

NAE/NWAN CEO Named Finalist for EY Entrepreneur of the Year

If she is named a regional winner on June 22, NAE/NWAN CEO Kelly Price will go to Palm Spring, Calif., this November for the national competition. The 31-year-old awards program is part of the Strategic Growth Forum, a prestigious gathering of high-growth, market-leading companies.

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