Thanks to its recovery management software, American Recovery Association leadership recently revealed national credit union service organization CU Collections chose ARA as its vendor of choice. Officials recapped that CU Collections, headquartered in Manassas, Va., helps credit unions create efficient and affordable collections programs to assist credit unions reduce or eliminate the costs of in-house […] [Read More]

Effective immediately, Keith Whann is stepping down as the general counsel to the National Independent Automobile Dealers Association. Whann has served as general counsel to NIADA since 1995; and in 2002 he received the Ring of Honor award, the association’s highest non-dealer commendation. “I have been blessed to work with NIADA these last 16 years, […] [Read More]

 Like their domestic counterparts, import automakers — helped in part by a nice lift on Black Friday — saw their sales jump in November, according to the American International Automobile Dealers Association, which said several imports enjoyed significant gains. Specifically, AIADA — citing Autodata Corp. — said that there were 542,324 import sales last month, […] [Read More]

JMN Logistics announced it has appointed a new executive sales representative. Tapped for the position is Alecia Weston, who brings with her more than 20 years of sales and customer service experience, the company shared.  The company noted that Weston has joined JMN to further develop its growing portfolio of regional and national accounts, as well as […] [Read More]

So what new car seems to be turning men’s heads this season? If Men’s Journal’s choice for one of its “Gear of the Year Awards” is any indicator, the 2012 Fiat 500 is of particular interest to the male population. After magazine staff and correspondents tested hundreds of new products, the Fiat 500 was chosen […] [Read More]

Nissan Americas has chosen a new vice president of product planning. Revealed late last week, the OEM appointed long-time executive Pierre Loing — former vice president of product strategy and planning for Nissan Europe — to the position, effective Jan. 1. In his new position, Loing will now be responsible for advanced and product planning […] [Read More]

With automakers in Canada upping incentives and enticing shoppers to come out and make that car purchase, auto borrower debt in the country jumped close to 7 percent year-over-year during the third quarter, while auto delinquencies still remained rather low, TransUnion’s Tom Higgins explained to Auto Remarketing on Thursday. More specifically, third-quarter auto borrower debt — […] [Read More]

Although there has been a strong bounce-back in the Canadian economy, the country hasn’t seen that same kind of growth in consumer confidence. What’s more, conditions outside of Canada have proven to be “worrisome.” Bearing all this in mind, ALG Canada trimmed residual values moderately for its current November/December 2011 edition. ALG Canada started out […] [Read More]

Ontario was still the leader in Canada and the U.S. for vehicle production at the end of October, but that is in danger of changing, according to DesRosiers Automotive Consultants. The current No. 2 jurisdiction, Michigan, has significantly closed the gap on Ontario when it comes to year-to-date production and could take the lead. If […] [Read More]

Although the used-car industry has been inundated with inventory sourcing technologies and alternative methods to find vehicles, an overwhelming portion of the nation’s top dealers focusing on the late-model market say they still turn to the physical auction to shore up used-supply needs. In fact, 85 percent of the Pre-Owned Automobile Dealers Alliance members said […] [Read More]