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NewsJanuary 12, 2016

NADA Used Car Guide Introduces NADA Values Online

NADA Used Car Guide has replaced its NADA Online product with NADA Values Online, offering lenders and automotive dealers new features as well as a more streamlined experience.

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NewsDecember 29, 2015

GWC Warranty Exceeds $375 Million in Claims Paid

F&I product provider GWC Warranty announced today that it has surpassed $375 million in claims paid to date.

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NewsOctober 22, 2015

KAR Auction Services IT Leader Wins Security Award

KAR Auction Services’ security architecture program manager and enterprise security strategist, Noah Jaehnert, was honored by the International Information System Security Certification Consortium.

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NewsOctober 13, 2015

Depreciation On Pace to Reach 14% by Year-End, Black Book Reports

The vehicle-pricing firm reported today that the pace of depreciation in September remained relatively unchanged from August. It expects average depreciation to approach pre-recession levels by year-end.

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NewsOctober 7, 2015

Q3 Used-Car Market Remains Strong, Manheim Reports

Used-vehicle prices were up nearly 3% in the third quarter from a year ago, according to Manheim’s Used Vehicle Value Index, a measure of wholesale prices adjusted for mix, mileage and season.

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NewsSeptember 8, 2015

Dealer Fined $690,000 for Consumer-Protection Law Violations

A used-car dealership will pay more than $690,000 after a New Jersey Superior Court Judge found that it violated state consumer protection laws and regulations a total of 640 times.

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NewsJuly 28, 2015

N.J. Consumer Affairs Division Reaches $25K Settlement with Dealer

The New Jersey Division of Consumer Affairs and AutoSource Group, a used-car dealership, have settled a lawsuit filed by the regulator earlier this year. The dealership was accused of failing to disclose the condition of its cars, among other things.

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NewsJuly 15, 2015

Depreciation Slows in June, NADA Used Car Guide Reports

Used-vehicle depreciation slowed modestly in June compared to May’s more rapid pace, the firm reported this week, with prices for vehicles up to eight years in age falling 2.5% on a monthly basis in June.

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Newsby Brittany-Marie SwansonMay 12, 2015

Texas DMV Closes Case Against CarGurus

The enforcement division of the Texas DMV has closed its case against CarGurus after the vehicle-shopping site made revisions to its used-car advertisements. In April, the department threatened enforcement actions because of the way the site listed used vehicles for sale.

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Newsby Brittany-Marie SwansonApril 21, 2015

Asbury’s Q Auto Stores a Work in Progress

The tablet-driven, fixed-price F&I process at Asbury’s Q Auto stores didn’t perform as well as the traditional F&I process employed at the group's core stores, but officials said they are happy with the new format’s progress.

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