Thanks to a $400,000 grant from the GM Foundation, the Detroit Symphony Orchestra is headed south for the winter. The orchestra, led by Music Director Leonard Slatkin, will perform with Grammy Award-winning violinist Hilary Hahn and Van Cliburn International Piano Competition Gold Medalist Olga Kern during a tour of Southern Florida that will take place […] [Read More]

Thanks to a new licensing agreement, fleet management firm LeasePlan Corporation N.V., announced that it will expand its North American service offering to include Canada in January 2014.  LeasePlan and Canadian fleet management company Foss National Leasing Ltd. have entered into a licensing agreement whereby FNL will operate its newly-formed subsidiary, LeasePlan Canada, company officials […] [Read More]

In an effort to connect with clients, CarProof Vehicle History Reports held its first Client Advisory Board meeting earlier this month. Held in Blue Mountain, Ontario, the company invited 40 of its top dealer, auction and corporate customers to attend the meeting. “Our loyal partners provided us with valuable insight that we intend to put […] [Read More]

ANAHEIM, Calif. — Consumer finance lender CashCall recently began to originate and service auto loans. Officials indicated the newly formed CashCall Auto Loan Division will deliver specialized solutions to dealers for consumers across varying credit levels. On Oct. 28, CashCall started accepting auto loan applications from franchise and independent dealerships in California. Plans for a […] [Read More]

PHOENIX — On-demand payment processor BillingTree recently announced the availability of Compliance Suite. BillingTree Compliance Suite can help companies to ensure compliance with laws, regulations and guidelines related to accepting payments from consumers. Officials believe Compliance Suite can bring it all together by providing key resources and automated tools for defining, implementing, assessing, refining and […] [Read More]

WASHINGTON, D.C. — Last week, the Consumer Financial Protection Bureau said it took the first step toward considering consumer protection rules for the debt collection market. Through its Advance Notice of Proposed Rulemaking (ANPR), the bureau is collecting information on a wide array of issues, including: —The accuracy of information used by debt collectors —How […] [Read More]

Last week, the Consumer Financial Protection Bureau said it took the first step toward considering consumer protection rules for the debt collection market. Through its Advance Notice of Proposed Rulemaking (ANPR), the bureau is collecting information on a wide array of issues, including: —The accuracy of information used by debt collectors —How to ensure consumers […] [Read More]

Wholesale values held steady last week, as the truck segments continued to outperform average retention values, and cars experienced the same average change as the previous week. Last week, truck segments saw an average drop of $59, which marked a slight increase from the prior week’s rate (-$50), Black Book editorial director and senior vice […] [Read More]

Mass marketing is dead, and targeting is everything. So says Dennis Galbraith, chief marketing officer for Potratz, in his latest video installment. In “Hard Facts: Marketing Your Inventory,” Galbraith references the uselessness of yesteryear’s mass marketing modes, and suggests better ways to reach today’s customers.     “It used to be we would bombard customers with mass […] [Read More]

Leasing rates are at an all-time post-recession high, approaching 30-percent penetration of all vehicles bought in 2013. This article speaks to what the industry and dealerships are doing to attract women toward leasing. Much has happened to almost double the leasing rates from just five years ago. This exponential growth is attributed to the sum […] [Read More]