An affiliated company of the Texas Credit Union League recently finalized an agreement with Repo Remarketing to be the preferred provider of repossession and remarketing services. Repo Remarketing is leveraging its Houston office to cater to Credit Union Resources. Linda Winkfein, vice president of lending resources and business development for Credit Union Resources, discussed why […] [Read More]

Joining the lineup at the National Remarketing Conference, which will be held Nov. 10-12 in San Diego, are remarketing and repossession experts Megan Haley, director of remarketing strategies at Fiserv, and Neal Boardman, asset remarketing manager and vice president at BB&T/Regional Acceptance. Haley and Boardman will join Howard Segal, vice president and remarketing manager at […] [Read More]

ADESA and NADA University are teaming up for a free educational seminar this week that will tackle market trends and new mobile technology while offering some creative used-car business tactics. The second Industry Insight seminar (the first was in September at ADESA Dallas) is slated for 1 p.m. (PST) Thursday at ADESA Golden Gate. [Read More]

On Thursday, the Canadian Automotive Jury released the list of 12 vehicles that will vie to be the 2011 Best of the Best Winner. Leading the 2011 Best of Best Finalists are models from European automakers, which comprise five spots on the list. The Big 3 was represented with four vehicles, while Korean brands accounted […] [Read More]

Although asking prices for the most popular used vehicles tended to trend upward in September, the same could not be said for the certified pre-owned segment, according to AutoTrader.com. In fact, most models that made AutoTrader.com’s list of the most popular certified rides had smaller asking prices than they did in September 2009. Before this point, […] [Read More]

In what could be an encouraging sign for dealers looking for sales traction, the October Consumer Reports Index shows some positive developments on several consumer fronts, including an improved retail picture, modest gains in employment and fewer Americans having economic difficulties. To come to that overall picture, Consumer Reports broke down the various components of […] [Read More]

Minivans have their stereotypes, but evidently Kelley Blue Book shoppers are flocking to a redesigned version of the large family hauler. For the second week in a row, KBB.com editors found the 2011 Honda Odyssey posted the largest amount of new-vehicle shopper activity. The site’s most recent Hot Car Report indicated the Odyssey led all […] [Read More]

A recovery agent brought reinforcements the second time he attempted to repossess an SUV last week and for good reason. The first attempt resulted in a confrontation that included gunfire. Police said in a report published by the San Francisco Examiner that the 25-year-old agent was not injured during the incident at 4 a.m. last […] [Read More]

Guidepoint Systems believes it found a legal way to transform a GPS payment assurance device into a potential profit center for buy-here, pay-here dealerships. The basis of its recently launched GPS-based solution, Recover It, is that it not only incorporates payment assurance technology, but the tool can also allow a dealer to sell highly valued […] [Read More]

A day after it and Dollar Thrifty Automotive Group announced collaboration to gain antitrust approval for a merger, Avis Budget Group revealed some more favorable news for the company on Thursday. After looking at preliminary data, Avis projects that its third-quarter revenue was about $1.5 billion, an uptick from a year ago, and that its […] [Read More]