With an active customer base now above 52,000 accounts and double-digit climbs in sales and revenue, America’s Car-Mart saw its second-quarter net income per diluted share soar 37.5 percent higher year-over-year. The company recently reported its second-quarter net income came in at $7.8 million or 77 cents per diluted share. A year earlier, it was […] [Read More]

Enterprise Holdings is broadening its existing operations in Europe, having recently struck a deal with PSA Peugeot Citroen to purchase its rental subsidiary, Citer SA and its Spanish subsidiary Atesa. This augments the presence Enterprise already has in Europe, as its Enterprise Rent-A-Car brand operates in the U.K., Germany and Ireland. Now, the rental giant […] [Read More]

In response to what officials are calling overwhelming demand, Remarketing of America revealed the establishment of a Canadian division and is rolling out liquidation and repossession services in the country. The new company’s name is VOX Remarketing. VROC plans to offer the Canadian market a system that lenders can use to keep tabs on vehicles through every step […] [Read More]

As the holiday season gets into full swing, children with serious illnesses and their families traveling to Toronto for medical care will now have a “home away from home,” thanks in part to the donations of the city’s car dealers. The Toronto Automobile Dealers Association recently celebrated the opening of what is said to be […] [Read More]

After an October that surprised the industry with its strength, November is continuing this momentum, already eclipsing the past month’s highs, according to TrueCar.com. But the company also discovered that while the new-vehicle SAAR continues to climb, used-car sales are showing a 4.6 percent decline from October. On a year-to-date basis, however, the news is […] [Read More]

Toyota, recently plagued by the aftermath of both this past spring’s earthquake in Japan and the recent floods in Thailand, looks to be gaining ground with the release of a revamped model. With the release of the new 2012 Camry, consumer interest in Toyota is on the rise, according to the Dataium ASI Index, a […] [Read More]

In the spirit of families and friends gathering around the table tomorrow for Thanksgiving, MSN Autos has offered some “automotive turkeys” that may cause more yawning than tryptophan — the chemical in turkey that makes people sleepy. So, as car shoppers hit the lots this weekend — bellies full of the pilgrims’ favorite poultry — […] [Read More]

Powered by a relationship with Automotive Finance Corp., National Powersport Auctions recently launched the NPA Dealer Financing program. Designed exclusively for powersport dealers, officials explained NPA Dealer Financing was created to empower and assist powersport dealers to develop and expand their pre-owned business. NPA’s Dealer Financing program is geared to provide dealers with wholesale financing […] [Read More]

Coming out of last week’s Los Angeles Auto Show, Edmunds.com spotted what it believed to be a fierce battle in the crossover SUV between two new models — the 2013 Ford Escape and the 2012 Honda CR-V. If shopper interest on their site is any indication, Edmunds.com analysts contend the Escape clearly won the post-show […] [Read More]

As dealers and automakers put more emphasis on reaching out to Latino car shoppers — who are becoming more and more influential in the market — a group of Hispanic auto journalists has released its list of the vehicles considered to be the most attractive to this group of consumers. The Hispanic Motor Press Association’s […] [Read More]