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F&Iby StaffJune 21, 2016

Former Credit Union CEO Charged With Fraud

The former CEO of Valor Federal Credit Union was charged with executing a scheme to defraud the credit union of approximately $718,000 to pay for his personal credit card, college tuition, his wife's birthday party, and a golf tournament sponsorship.

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F&Iby StaffJune 21, 2016

NIADA's New President Begins Term

The National Independent Automobile Dealers Association (NIADA) presented Billy Threadgill with its President’s Ring and officially opened his term as president during the National Leadership Awards Banquet at the association's 70th annual convention and expo.

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Digitalby StaffJune 21, 2016

Former Redbox Exec Joins Cars.com

Cars.com named Tony Zolla as its chief product officer. The former vice president of product and customer experience for Redbox will be responsible for defining the company’s product strategy for consumers and customers.

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F&Iby StaffJune 20, 2016

American Financial Wins Two Dealers’ Choice Awards

American Financial & Automotive Services Inc. received two 2016 Dealers’ Choice Awards. The company received a Diamond award in Compliance Training and a Platinum award in F&I Training.

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F&Iby StaffJune 16, 2016

RouteOne Adds to Executive Team

RouteOne has added Chris Irving to its executive team, appointing the eight-year company veteran to chief technology officer. He assumes responsibilities held by Justin Oesterle, who was named CEO of the firm on June 3.

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Digitalby StaffJune 16, 2016

Former Global BMW Executive Joins motormindz

Alan Harris, who most recently served as CEO of BMW in Malaysia, has joined motormindz as a senior partner. He will help lead the global assessment and implementation of solutions and technologies aimed at solving challenges across the automotive vertical.

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Digitalby StaffJune 16, 2016

Independent Dealers Bearish on Market, Customer Traffic, Survey Shows

According to the latest NIADA Business Confidence survey, dealer outlook for Q3 retail sales growth was less optimistic than growth expectations for the second quarter, although there was an uptick in the number of respondents who thought sales would remain the same.

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Trainingby StaffJune 15, 2016

BMW Financial Opens Off-Lease Inventory to All Dealers

In preparation of the influx of off-lease vehicles returning to the market, BMW Financial Services has made its BMWGroupDirect.com service accessible to independent and non-BMW franchise dealers, according to the company.

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Dealer Opsby StaffJune 15, 2016

General Motors Names New Vice President of Global Quality

General Motors Co. has named Tony Francavilla as vice president of global quality, according to a company announcement. In this role, he will be responsible or leading the company’s global quality efforts, aimed at providing customers with the highest quality vehicles.

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Digitalby StaffJune 15, 2016

Toyota Earns Top Spot in Customer Experience Study

After asking 10,000 U.S. consumers about their dealership experience, the Temkin Group found that the two manufacturers with the highest customer experience ratings were Toyota and Mercedes-Benz, according to Edmunds.com.

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