CARMEL, Ind. -- ADESA Inc. recently announced it has named Pat Walsh as chief operating officer of ADESA Impact's North American operations. Additionally, ADESA Impact said it has acquired three independent salvage auctions in Texas. Prior to the new position, Walsh served as COO of ADESA Impact's U.S.... Read More

SubPrimeNews.com Goes Live

CARY, N.C. -- Dealers and executives now have valuable and timely subprime financing market information on their desktops and laptops 24/7 with the launch this week of SubPrimeNews.com, which is the companion to SubPrime Auto Finance News. Additionally, publishers announced that SubPrime News Update, a companion... Read More

ALEXANDRIA, Va. -- The ramifications of last year's so-called bankruptcy overhaul can still be felt throughout the nation as many consumers who were considering a petition rushed to beat the deadline, driving down filings for the first half of 2006 to their lowest level in 20 years. According to the Administrative... Read More

CARY, N.C. -- With repos and bankruptcies driving the subprime market segment, the 2006 National Remarketing Conference announces a timely workshop that will address this emerging topic. Slated to appear in two separate time slots, Nov. 1 at 2:00 p.m. and Nov. 3 at 9:00 a.m., are Randy Mayer of Huntington Bank, Jim Chapman... Read More

LAKE SUCCESS, N.Y. -- DealerTrack Holdings announced it has filed a registration statement with the Securities and Exchange Commission relating to the proposed public offering of 9 million shares of its common stock. DealerTrack is offering 2.75 million shares and selling stockholders are offering 6.25 million shares. The... Read More

FARMINGTON HILLS, Mich. -- Chrysler Financial has streamlined its online credit application process for consumers, executives announced Monday. The new application provides consumers with a six-step process to request approval for an auto loan. "The goal of this new online credit application is to simplify the... Read More

ARLINGTON, Texas - First Cash Financial Services announced it has acquired Auto Master, a finance company focused on the buy-here, pay-here segment of the auto industry, and said it plans to open up to five new BHPH stores in the near future. Auto Master is based in northwest Arkansas and owns and operates eight BHPH... Read More

ENGLEWOOD, Colo. -- Aimbridge Indirect Lending announced that it has renewed its partnership with Bay Pines Federal Credit Union to offer indirect auto lending services in the Tampa area. Aimbridge specializes in connecting credit unions with dealer networks to provide auto loans. "We very much appreciate the... Read More