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Westlake Financial Services closed its fifth term asset-backed securitization in late May, with officials saying the company expects to ramp up its issuances as it continues to make inroads in the franchise dealer market.
Read More →An analysis of retail new-vehicle registration data by IHS Automotive reveals that, for the first time, SUVs and CUVs have overtaken sedans in popularity.
Read More →In addition to paying civil penalties and reimbursements to the state, the owners of the dealerships must work to resolve 45 consumer complaints. This is the second such settlement the dealers have reached with the state.
Read More →F&I Express has added Mosaic Identity Services and its FamilyBeacon line of products to its aftermarket eContracting platform.
Read More →Customers who receive a service notification through CIMA Systems will now be able to book an appointment with a few clicks using TimeHighway’s online appointment scheduling tool.
Read More →In his new role, Poppe will oversee all aspects of portfolio management. He will also play a key role in the company's originations and collections strategy.
Read More →Voted a 2013 Best in Class trainer, Ron Reahard will lead a session at this year’s Industry Summit on converting customers to dealership financing. He will also outline a front-end process designed to keep the F&I office in the financing game.
Read More →Dealer United has selected Trilogy SmartLeads as its third-party auto lead provider. SmartLeads qualifies vehicle leads with a patented scoring engine.
Read More →Hybrids retain less of their original value than their non-hybrid counterparts, and steady gas prices and improving fuel economy will make hybrids less appealing to consumers, the NADA reports.
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Sandra Moore takes over as director of marketing for the F&I product provider. She previously served as director of marketing for General Motors' Buick and GMC brands.
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