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Cox Automotive To Furlough 12, 500

CARY, N.C.  –  Cox Automotive will furlough over 12,500 employees internationally later this month, roughly 10,000 of which are in the U.S., the company said in a statement provided to Auto Remarketing. Cox Automotive is starting the furloughs May 17. They will last for up to 16 weeks. The company emphasized that, “those furloughed will remain employees

Westlake Now Offers Commercial Financing

Los Angeles, CA – Westlake Financial (Westlake) rolls out new Commercial Vehicle Financing Program. This new program will be available in eight markets and will expand nationwide throughout the year. Westlake’s Commercial Vehicle Program allows dealerships to offer financing of up to $65,000 for vehicles ranging from Cargo Vans to Big Rigs. Terms can vary