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CARY, N.C. — Possibly signaling an industry turnaround, readers of AutoRemarketing.com were drawn to news this past week about CarMax gearing up to hire for about 600 store positions.

CarMax indicated the majority of those spot would be in sales.

Meanwhile, plenty of readers went to Auto Remarketing to learn about Toyota's decision to halt sales in the United States and Canada for eight models.

The top five stories from AutoRemarketing.com this week are:  

1. CarMax to Hire for 600 Store Positions

RICHMOND, Va. — In what could be a potentially good sign for the used-vehicle industry, CarMax said late last week it is looking for candidates to hire for …

2. Toyota Halts Sales, Production of Eight Models

TORRANCE, Calif. — Following last week's safety recall for sticking accelerator pedals, Toyota has told its U.S. and Canadian dealer bodies to stop selling the eight vehicles that were involved for the time being, and is planning …

3. CNW Predicts Residual Value Loss Per Vehicle Growing Steeper

BANDON, Ore. — The disparity between contracted residual values of leases and the vehicle's actual end-of-term worth has been on a steady hike each year since 2005, with 2009 leases likely to hit a …

4. Dealer Found Guilty of 11 Deception-Related Felonies

WASHINGTON, D.C. — In yet another example of the government's crackdown on deceptive auto practices, a Wyoming used-vehicle dealer was convicted in a Cheyenne, Wyo., federal court late last week for …

5. American Arbitration Association: About 1,550 Dealers Seek Reinstatement

ATLANTA — A senior vice president with the American Arbitration Association told Auto Remarketing Tuesday that about 1,550 to 1,560 Chrysler and General Motors dealers are seeking reinstatement via arbitration. The deadline for dealers …

Editor's Note: For more, stay tuned to the Auto Remarketing Today daily e-newsletter for the latest breaking news in the industry. Also, visit our sister publication, SubPrime Auto Finance News, to learn more about the trends and challenges facing the auto finance industry.