Dealer’s Auto Auction Group is sending 15 of its employees to the International Automotive Remarketers Alliance's Certified Automotive Remarketer Program. The IARA CAR Program offers a 20-course curriculum scheduled within a five-unit series covering all aspects of the vehicle remarketing profession.    “The IARA provides us with a number of valuable education forums and initiatives […] [Read More]

The number of recalls from General Motors continues to grow, as this week's issues added to the list of more than 25 GM recalls to come through this year,  totaling over 13 million vehicles. General Motors Canada announced this week it is recalling about 181,500 vehicles in three separate recalls. This news comes on the […] [Read More]

The Canadian branch of the International Automobile Remarketers’ Alliance completed its first training event earlier this month for its members — an event the organization said was well-attended by members “from all facets of the automotive remarketing spectrum.” The event was held at ADESA Toronto on May 7 and featured a variety of programs designed […] [Read More]

Along with enhanced telematics capabilities on the Sprint CDMA wireless network, Spireon opened the National Alliance of Buy-Here, Pay-Here Dealers National Conference on Tuesday by making a guarantee that the company believes is first in the GPS tracking provider space. Spireon now offers a 99.9-percent service-level agreement for customers of its automotive collateral management platform […] [Read More]

Chalk it up to prudent underwriting or an economy gaining some collective stream, but the auto portion of the S&P/Experian Consumer Credit Default Indices is at its lowest point ever. Data through April released by S&P Dow Jones Indices and Experian on Tuesday shows that the auto loan default rate dipped to a new historic […] [Read More]

White Clarke Group, a supplier in automotive and asset finance technology, formed a strategic alliance this week with NADA Used Car Guide to provide integrated, automated vehicle valuations within its online credit application system, CALMS2.  Jonathan Dodds, chief executive officer of the Americas for White Clarke Group, explained relationship will allow new and existing clients […] [Read More]

Earlier this week, dealership software, services, and forms provider Reynolds and Reynolds and payment solutions provider Global Payments announced an agreement to offer point-of-sale, electronic payment solutions for dealerships. As part of the agreement between the two companies, Reynolds will add Global Payments’ payments technology across Reynolds dealership management system (DMS) platforms and software solutions […] [Read More]

For finance company executives still curious as to why Toyota is shifting major operations out of California to Texas, NAF Association just added a new session to next week’s annual gathering aimed at satisfying that interest Conference organizers said Michael McGrath, the corporate risk manager for Toyota Financial Services, will share the strategy and the […] [Read More]

As competition becomes tighter in the U.S. auto industry, the need for exceptional leaders at dealerships couldn’t be greater. Today, leaders know what’s best for business, what path leads to ultimate business success, and how to distinguish their business from the pack. These two things are critical to understand as we dive into this topic: […] [Read More]

The announcement from General Motors on Tuesday saying the automaker would recall 2.42 million additional vehicles was met with mixed reaction in the auto sector, with some thought toward these actions being positive steps for the automaker’s safety efforts, amid worries and strong words suggesting this news is actually a troubling sign. In comments that […] [Read More]