Resource Management Services once again is bringing together top executives from captive finance companies, other auto loan organizations, recovery specialists, legal experts and more for the annual Collection and Recovery Solutions Conference. This year’s version, titled “Challenges and Opportunities in a Changing World,” includes a keynote presentation by John Hart, the recovery leader for the […] [Read More]

In what appears to correspond with a changing tide for small businesses, Chevrolet reported it enjoyed a third straight month of growth in sales to this particular segment during December and closed 2010 with fourth-quarter small-business sales climbing 36 percent. [Read More]

Six new models — mostly luxury units from foreign brands — comprised the list of vehicles shared in NADAguides.com’s 2011 First Quarter Car Buyers Market Report. Analysts selected six models from Lexus, Acura, Mercedes-Benz, Hyundai and Audi — models they believe stand-out from the crowd. The specific vehicles are: —2011 Lexus LX 570. —2011 Acura TL. —2011 […] [Read More]

Audit, tax and advisory firm KPMG recently picked the brains of more than 200 automotive executives to find out which vehicle attributes they believe will have the most influence on consumers’ purchasing decisions in the next five years, as well as to figure out which vehicle categories these industry leaders think will show the most growth. […] [Read More]

While two TV spots are set to feature the 2011 Sonata, Hyundai broadened its advertising campaign in connection with this year’s Super Bowl to also feature the 2011 Elantra. The automaker explained its other two commercials to be shown during the NFL’s most popular event highlight the Elantra with the theme titled, “Snap Out of […] [Read More]

Open Dealer Exchange — which is a joint venture formed by Automatic Data Processing and the Reynolds and Reynolds Co. — said that it has secured its first Canadian partnership, a deal that officials believe will be beneficial to dealers and lenders alike. [Read More]

Carfinco Income Fund said recently that its board of directors will be evaluating the various options the company has for boosting unit-holder value, and among the potential strategic alternatives that will be considered is the possible sale of the Alberta-based company. The company turned to FBR Capital Markets & Co. for guidance during the review process. FBR […] [Read More]

Several factors helped lift December’s leasing penetration level by more than 26 percent on a year-over-year basis, according to an analyst with J.D. Power and Associates. In fact, Auto Remarketing learned that December’s lease penetration level came in at 21 percent. [Read More]

Fiat SpA revealed its new treasurer on Wednesday to replace Camillo Rossotto. Named to the position is Antonio Picca Piccon. Picca Piccon’s most recent role was as chief executive officer and general manager of Fiat Group Automobiles Capital SpA. In his new post, Picca Piccon will manage the financial service activities of Fiat SpA and will […] [Read More]

After years of challenges, the news out of Detroit has automobile industry experts hopeful for a strong 2011. The 2011 North American International Auto Show in Detroit kicked off and as the world’s attention is on the Motor City, we thought it was time to take a closer look at what consumers are most interested […] [Read More]