ACA International, the association of credit and collection professionals, is raising concerns over a regulatory enforcement program launched last week by the Federal Trade Commission that officials contend could paint legitimate debt collectors and fraudsters with one broad stroke. The Federal Trade Commission announced the beginning of Operation Collection Protection — a new coordinated federal-state […] [Read More]

You can probably expect nearly 40 million used-car sales this year, according to the latest Manheim Used Vehicle Value Index report.   Citing NADA data, Cox Automotive chief economist Tom Webb said in analysis accompanying the report that that growth in used sales has accelerated since the year’s outset. The full-year sum, he said, should […] [Read More]

IHS Automotive announced the second-generation iteration of its global aftermarket solution, WorldView 2.0, during the recent Automotive Aftermarket Products Expo in Las Vegas. According to IHS, WorldView is the industry’s “most complete resource for analyzing vehicles in operation” as well as both aftermarket and OEM parts intelligence. The update to WorldView headed into the product’s […] [Read More]

John Felice — whose time with Ford dates back to 1984 and includes time with the remarketing department as well as sales in the U.S. and Asia — landed a new executive role on Monday with motormindz, a global automotive professional services and technology company. Felice is now a part of motormindz as a senior […] [Read More]

Dealers: ever wish the hang tags for your inventory on the lot would update themselves? That’s the aim for eCarTag, a subsidiary of Pearl Technology Holdings, who announced that its digital hang tags have just completed a first test pilot with Sonic Automotive, who plans to install the tags at all of its dealerships next […] [Read More]

The DARCARS Automotive Group announced Monday that it has added Honda of Bowie to its list of franchises, bringing the overall tally to 38 franchises in more than 20 locations. Labeling itself as the largest group of car dealerships in the greater Washington, D.C., metropolitan area, DARCARS also said that the Honda dealership will immediately […] [Read More]

The International Automotive Remarketers Alliance has issued an open letter to the industry designed to “advocate for the establishment of a cross bidding multi-platform online remarketing solution,” a position the alliance says 20 of 23 responding IARA consignors supported in a recent survey of its U.S. consignor members. The IARA lists 13 consignor member it says have […] [Read More]

After being added to Kia’s digital provider list in October, Netsertive announced Monday a new automaker partnership. The digital marketing company has been selected by Mazda as the fourth approved partner for the Mazda Digital Advertising Program, which launched in 2014. “We are excited about the opportunity to be working with Mazda and continuing to […] [Read More]

Investment analysts thought Credit Acceptance Corp. leadership would be a good source to gauge what might be in the subprime auto finance space and gather any clarity about whether turbulence might be ongoing. Rather than just offering his opinion, chief executive officer Brett Roberts pointed to Credit Acceptance data that compared the company’s forecasted collection […] [Read More]

For the second time in four months, the National Automobile Dealers Association has stated the Consumer Financial Protection Bureau squashed efforts to make public a number of leaked agency documents that NADA contends might undermine many of the agency’s long-running claims that it is not attempting to regulate dealers in circumvention of the Dodd-Frank Act. […] [Read More]