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News•by Staff•April 30, 2019

CDK Global Names Shah CPTO

Twenty-year industry veteran Mahesh Shah has joined CDK Global as executive vice president and chief product and technology officer.

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News•by Staff•April 30, 2019

USEA Expands Dealer Services Team

US Equity Advantage cites growth as the catalyst for an expansion of its dealer services team, including new managers in the Southeast, Midwest-Atlantic, West, and New England regions.

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News•by Tariq Kamal•April 26, 2019

Ford Faces Federal Emissions Probe

The U.S. Department of Justice has opened a criminal investigation into Ford Motor Co.’s emissions testing and certification processes, the factory revealed in an SEC filing today.

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News•by Staff•April 24, 2019

CarMD: Ignition Coils, Spark Plugs, O2 Sensors Caused Trouble in 2018

Car repair costs were up across all U.S. regions last year in CarMD’s latest Vehicle Health Index report, and ignition coils, spark plugs, and oxygen sensors tied for the lead in check engine repairs.

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News•by Tariq Kamal•April 22, 2019

Carvana Crashes Used-Vehicle Dealer Rankings

Carvana broke into the top 10 in its first appearance on Automotive News’ list of the nation's Top 100 Used Retailers, more than doubling its output to more than 94,000 units and outpacing the Asbury, Larry H. Miller, and Ken Garff groups.

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News•by Staff•April 18, 2019

CareGard/AFG Grows Team, Poised for Expansion

CareGard Warranty Services/AFG Companies announced the addition or promotion of four executives and plans to expand facilities and put a new emphasis on income development for dealers and agents.

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Articles•by Tariq Kamal•April 18, 2019

Inside the Merger That Created StoneEagle F&I

Cindy Allen and David Trinder reflect on the 10-year courtship that led to the merger of F&I Administration Solutions LLC and StoneEagle Inc. and offer an inside look at the transaction, the discussions that preceded it, and the new company’s future plans.

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News•by Staff•April 16, 2019

Singh Joins NAC as CTO

Twenty-year industry veteran Pankaj Singh has been named chief technology officer at National Auto Care, where he will lead the company’s IT and project management teams.

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News•by Tariq Kamal•April 16, 2019

NADA: F&I Income, Penetration Rates Remain Strong

Despite escalating new-car prices and plateauing sales, NADA analysts report little change to American dealers’ per-copy average, penetration rates, and F&I income as a percentage of gross profit in 2018.

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News•by Staff•April 9, 2019

Auto Loan Interest Rates Hit 10-Year High

Edmunds says the average APR for a U.S. new-vehicle loan was 6.36% in March, putting dealers and consumers on the cusp of a ‘dramatic shift’ toward the used-car market.

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