In what the company described as a response to broadening expansion, Innovative Funding Services recently promoted one its executives to director of operations. Taking on the role at the financing company for lessors and fleet-management businesses is Robert Rohner. When IFS moved to its new location on Burnett Road in Austin, Texas, last year, management […] [Read More]

Although Nov. 30 is considered to be the month’s most ideal day for finding new-vehicle deals, TrueCar.com found that there will be strong discounts on Saturday and Sunday, as well. A year ago, the best day for buying a new vehicle in November was Black Friday, which of course is the day after Thanksgiving. [Read More]

A significant amount of vehicle owners still like to use an alternative GPS device even if factory-installed navigation systems already are in their units. The 2010 J.D. Power and Associates U.S. Navigation Usage and Satisfaction Study revealed 36 percent of owners of factory-installed navigation systems also own a portable navigation device. The study also determined […] [Read More]

A debt collection agency is being charged with doing more than just poking a friend on Facebook. A Florida woman has filed suit against MarkOne in a Florida court claiming the company went far beyond the usual phone calls in an attempt to recoup $362 for an unpaid vehicle loan. The company allegedly contacted the […] [Read More]

Top executives from Digital Recognition Network and MVTRAC are taking advantage of an opportunity from the National Automotive Finance Association to educate lenders and repo agents about the capability of license plate recognition technology. The NAF Association is hosting them for an hourlong Webinar on Dec. 1 beginning at 2 p.m. EST. Cort DeHart, president […] [Read More]

Several automakers pulled out of leasing during the widespread auto and economic crises in the last two years, but it appears leasing has made a healthy comeback in 2010. Shedding some light on the current strength of leasing, CNW Research offered some insight into the lease market in its latest Retail Automotive Summary, in addition to providing Auto […] [Read More]

WomenCertified announced its new president for the WomenCertified Auto division. Appointed to the post is James Lawyer, who has significant experience in the auto industry, including his role as CarSoup.com’s head of new business development and strategic partnering. As some may be aware, WomenCertified Auto is a consumer advocate for female consumers. It aims to […] [Read More]

The NAFA Fleet Management Association announced last week that Don Esmond, senior vice president of automotive operations for Toyota, is the first speaker to be confirmed for its annual Institute & Expo.   The I&E, which takes place April 9-12 in Charlotte, N.C., will bring more than 2,000 fleet industry professionals together for four days of education, […] [Read More]

Canadian automotive Web portal Auto123.com unveiled the list of finalists for each of the 14 categories comprising its annual awards program. A press conference will be held Thursday at the Intercontinental Toronto Yorkville Hotel Willard Room to announce winners of the 2011 Auto123.com Awards. The 44 finalists for the assorted honors include: 2011 Subcompact of the Year Ford Fiesta [Read More]

General Motors enjoyed the most substantial initial public offering the country has seen this year, generating about $16 billion in its much anticipated IPO that launched Thursday morning, according to a NYSE statement. GM chief executive officer Dan Akerson rang the opening bell of the NYSE, which, in this case, was accompanied by the sound of a […] [Read More]