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Dealer Opsby StaffJuly 13, 2016

Automotive Finance Corp. Adds to Executive Team

Automotive Finance Corporation (AFC) has named Tiff Arcella as its new vice president of sales and Devra Callaghan as its new vice president of marketing and business development, according to a company announcement.

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Dealer Opsby StaffJuly 12, 2016

Ganther Leads First Wave of Compliance Summit Speakers

Leading attorney and compliance expert James S. Ganther has agreed to speak at the upcoming Compliance Summit Las Vegas, organizers announced Tuesday. The event is scheduled for Aug. 29–30, 2016, at Paris Las Vegas, as part of Industry Summit.

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Trainingby Gregory ArroyoJuly 12, 2016

Kontos: Strong Truck Values Drive 3.3% Increase in Wholesale Prices in June

Average wholesale values fell again on a month-over-month basis in June, but they remain up on a year-over-year basis thanks to the continued price strength of trucks, according to ADESA Analytical Services.

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Trainingby StaffJuly 12, 2016

Infiniti Dealers Ranked Highest In Treatment of Customers

Infiniti dealerships treat its customers best, at least according to the newly released 2016 Pied Piper Prospect Satisfaction Index (PSI) U.S. Auto Industry Benchmarking study. Now in its 10th year, the study measures how car shoppers are treated at the dealership.

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Dealer Opsby StaffJuly 12, 2016

Alpha Warranty Services Releases Zoom Sales Portal

Zoom allows F&I managers to start a contract from the main page and then gives them the ability to adjust rates and work with a customer’s financing options. It also allows the F&I manager to compare up to 3 different plans or programs they can then show the customer in a ‘Good, Better, Best’ format.

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Dealer Opsby StaffJuly 12, 2016

Wholesale Used-Vehicle Prices Up in June, Manheim Reports

June wholesale used-vehicle prices reached their highest level in four years, rising for the third consecutive month, according to Manheim.

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Dealer Opsby StaffJuly 12, 2016

State Franchise Laws Benefit Consumers, Economic Analysis Concludes

A new economic analysis shows that state franchise laws, which have come under attack by regulators like the Federal Trade Commission, stimulate competition that results in lower retail prices for consumers.

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Dealer Opsby StaffJuly 12, 2016

Q1 Delinquencies Fall in 7 of 11 Loan Categories, ABA Reports

According to the American Bankers Association, indirect auto loan delinquencies were one of the categories to show a decrease, while delinquencies in the direct auto loan space showed an increase.

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Dealer Opsby StaffJuly 12, 2016

Holman Finalizes Acquisition of Kuni Automotive

The deal — which was first announced this past April — adds Kuni Automotive’s West Coast dealerships in Washington, Oregon, California, Colorado and Kansas to Holman Automotive’s existing East Coast operations in New Jersey, Florida and Pennsylvania.

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Dealer Opsby StaffJuly 8, 2016

Compliance Summit Adds Certification Component

Organizers of Compliance Summit have announced that attendees will have the opportunity to earn Certified Automotive Compliance Specialist status at the Las Vegas event, which will be held Aug. 29–30, 2016, at Paris Las Vegas as part of the annual Industry Summit.

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