Although eight of the 10 fastest-growing brands in terms of attracting female buyers are from the Big 3, one particular European automaker dwarfs all other brands when it comes to female ownership, according to Edmunds.com. Topping the site’s list of auto brands that have seen the largest gains in the percentage of sales that went to […] [Read More]

JMN Logistics recently revealed its choice for its new chief operating officer. Touting nearly 20 years of customer service and management experience, Cindy Darnell — former director of business development — is tapped for the position. Darnell has been with the company since 2005 and has served in positions such as auction sales representative, sales […] [Read More]

This weekend, news came out that Saab and the Chinese investors on which it had been pinning much of its hopes for reorganization and new funding are unlikely to complete their deal.The troubled automaker revealed it has ended an agreement to sell a majority stake to two Chinese companies and is rejecting their revised offer […] [Read More]

Some of the repossession and recovery industries top executives will offer their insights and best practices during the brand-new, half-day Re3 Conference, which will take place Nov. 16 in Las Vegas. The Re3 Conference will include presentations from and discussions with: —Kevin Camping, owner, Camping Companies —Michael Eusebio, owner, Digital Dog Recovery —Chad Latvaaho, owner, […] [Read More]

Repo agencies are already regulated in California and Florida. And Illinois just passed a new law this year. Could Tennessee be next? Apparently, a legislator in the Volunteer State is preparing to bring a measure before the state’s General Assembly. State Rep. G.A. Hardaway serves constituents near Memphis, Tenn., a section of Tennessee he believes […] [Read More]

Auto Remarketing publisher Ron Smith, who founded the magazine 20 years ago and has overseen the growth of Cherokee Automotive Group (CAG) to include magazines, digital newsletters and conferences, is retiring as publisher and will assume the title of publisher emeritus. Bill Zadeits, Auto Remarketing’s associate publisher, is assuming the role of publisher of all […] [Read More]

At the same time the finance company’s top boss secured more shares, a partnership of private investment firms delivered a $1 billion capital injection into Santander Holdings USA and Santander Consumer USA late last week. In return for these funds, Santander is giving Sponsor Auto Finance Holdings Series an aggregate number of shares of SCUSA […] [Read More]

After a strong September, J.D. Power and Associates contends this month’s new-vehicle retail sales remain stable, sitting above a 10-million unit level. October new-vehicle retail sales are projected to come in at 828,300 units, which represents a seasonally adjusted annualized rate of 10.5 million units. J.D. Power arrived at this estimation by gathering real-time transaction […] [Read More]

Facility renovation is certainly a hot topic among dealerships these days, and it’s often found that dealership expansion can prove fruitful. That said, the American International Automobile Dealers Association is urging dealers to get their ducks in a row in terms of fully understanding real estate acquisition and construction. [Read More]

Following months of production challenges in the aftermath of the devastation in the automaker’s home of Japan, Honda Canada Manufacturing said it is back to full production capacity, meaning dealers should soon see inventory return to more normal levels, including the supply of all-new 2012 Civics. Almost the entirety (about 95 percent) of Honda’s Canadian […] [Read More]