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November 17, 2008

Polaris Acquisition Corp. Announces Revised Terms for Merger with Hughes Telematics

NEW YORK – Polaris Acquisition Corp. has entered into an amended and restated merger agreement relating to its previously announced merger with Hughes Telematics Inc. The all-stock transaction is now valued at approximately $385 million.

Tags: Hughes Telematics, Merger, Polaris Acquisition Corp.

September 22, 2008

Hughes Telematics Expands Global Presence to Japan

ATLANTA – Hughes Telematics has opened its newest office in Tokyo, Japan. A presence in Japan allows Hughes Telematics to be immediately accessible to Japanese automobile manufacturers in support of its telematics planning and execution activities.

Tags: Hughes Telematics, Tokyo, Japan

August 8, 2008

HUGHES Telematics Signs Agreements with IBM and Oracle

ATLANTA – IBM and Oracle will provide technology necessary to deliver HUGHES Telematics' consumer solution to its automotive partners and their vehicle drivers.

Tags: Hughes Telematics, IBM, Oracle

July 11, 2008

Hughes Telematics and Intrado Partner to Set New Safety Benchmark Behind the Wheel

ATLANTA – Hughes Telematics' is coupling its technology with Intrado's powerful database to facilitate swift, accurate, and appropriate response to drivers in emergency situations.

Tags: 9-1-1 infrastructure, Automatic Crash Notification, emergency communications network, Hughes Telematics, Intrado Emergency Call Relay Center, Intrado Inc., Public Safety Answering Point

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The Credit Crisis Impact on Fleet? Look to 1973 for Clues

By Mike Antich
Fuel prices hit record highs. The cost of financing a fleet doubles. Used-vehicle values plummet. Dealers are unable to sell the vehicles they have in inventory. Geopolitically, the U.S. is embroiled in war and the macro-economy teeters on recession. If you think I'm talking about 2008, think again. The year was 1973.

Used-Vehicle Market Nosedives in October: More Downward Movement Anticipated

By Mike Antich
October was an extremely difficult month to remarket vehicles in the wholesale market as resale prices took a precipitous drop. Wholesale pricing, based on mixed mileage and seasonally adjusted, declined a record 6 percent in October. The lack of credit to both dealers and retail buyers has been the key catalyst contributing to the downturn in the wholesale market. The market forecast is gloomy until the credit gridlock is resolved.

Don't Let Drivers Grow Complacent with Lower Fuel Prices

By Mike Antich

94% of Fleet Managers Don’t Know the Whereabouts of Their Fleet Vehicles

By Mike Antich

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$10.00

F&I Magazine - September 2008

In This Issue:
Rescuing Nonprime Finance, Credit Risk in a New Economy, The Hybrid Dealer and much more…