Nearly two years after first delving deeper into the industry with a new weekly e-newsletter, Cherokee Automotive Group is rebranding its repossession and recovery media property with an eye on broadening its audience online and through industry conferences. CAG’s revamped media property is now called Re3 — Repossession, Recovery, Remarketing, stemming from discussions president Bill […] [Read More]

National Finance Adjusters leadership confirmed the man who literally wrote the book about how the repossession industry should operate tragically passed away recently. NFA executive director Joan Hudson said Jack Barnes died last Monday on an ATV at his Oklahoma home when an apparent medical emergency occurred. Barnes’ book, Collateral Recovery, has been printed multiple […] [Read More]

The General Motors Foundation announced Monday it will be continuing its support of the Barbara Ann Karmanos Cancer Institute by donating $400,000 to the cancer research center. This brings the foundation’s support of the institute to nearly $6 million over the last 15 years. On top of the donation, GM senior vice president of global […] [Read More]

CarMax today announced that its CarMax Foundation — which is designed to enrich the communities where its associates live and work — has recognized nine employees for the second annual CarMax Cares Community Service Award. These associates, from all over the country, were nominated for the award for their “personal volunteer efforts and leadership in […] [Read More]

TrueCar pinpointed the current vehicle segments with the shortest and longest days’ supply as well as the specific 2011 and 2012 models that are struggling to turn and the ones dealers can’t keep in stock. According to the January 2012 True Trends Report posted Monday, large SUVs, large cars, and large trucks are where the […] [Read More]

Vehicle Production Group, which designs, manufactures, markets and distributes models for wheelchair accessibility, selected Ally Financial Monday as the preferred financing provider in the U.S. Officials explained Ally will offer wholesale financing, floor plan insurance and remarketing services for VPG dealers, as well as retail financing for their customers. [Read More]

Culling in trends from 15 auto sites, as well as the Jumpstart Strategic Insights’ division, a new report from Jumpstart Automotive Group discovered one domestic automaker stood out at the clear winner last year. And taking home this honor is Ford. “Much of Ford’s success can be attributed to an aggressive digital marketing campaign that […] [Read More]

Along with tabulating its North American production performance for 2011, Toyota also shared upbeat reaction the positive findings from a National Academy of Sciences’ National Research Council study about claims of unintended acceleration. The Japanese OEM recalled the comprehensive 162-page report was commissioned by the National Highway Traffic Safety Administration to explore the broad issue […] [Read More]

Kelley Blue Book discovered this week that Toyota recaptured its No. 1 spot for brand loyalty on kbb.com for the fourth quarter of 2011. Analysts pointed out Toyota last appeared in the top position during the third quarter of 2010. For the fourth quarter, the site indicated Toyota’s brand shopping loyalty was at 50.6 percent, […] [Read More]

The federal government is demanding stronger vehicle fuel efficiency and automakers have certainly been doling out the investment to pay for stronger gas mileage and alternative-powertrain technology. Granted, there is still some debate as to whether these alternative-fuel vehicles will truly catch on, but analysis from Deloitte suggests that younger car buyers may be the […] [Read More]