A father-daughter dealer team has been honored by the American International Automobile Dealers Association for their work in auto dealer advocacy. Honored by AIADA with the Legislative Action Network Grassroots Award were Minnesota duo Morrie Wagener and Cindy Wagener Robin. The award was presented at the association’s seventh annual International Auto Industry Summit, held recently […] [Read More]

FORT LAUDERDALE, Fla. — ITURAN recently announced that its asset protection tools to buy-here, pay-here dealers and independent stores that work with a large subprime customer base now are fully integrated into Finance Express' dealer management system (FEXDMS). ITURAN's line of GPS-enabled asset tracking and recovery tools is meant to provide dealers with total security […] [Read More]

JACKSONVILLE, Fla. — Advanced Business Computers of America rolled out a a new lineup of management systems for dealerships and finance companies this week. Coinciding with its 30-year anniversary, ABCoA added two new solutions to its Deal Pack product line. Officials explained Deal Pack Light is designed to be a complete dealer management system provided […] [Read More]

DETROIT — Along with an industry honor based on the amount of finance contracts and leases outstanding each year, Ally Financial announced that it's following the lead of some of its Oklahoma City dealer customers, making a $10,000 donation to the American Red Cross in support of its Oklahoma tornado disaster relief efforts. Officials highlighted […] [Read More]

CARY, N.C. — For buy-here, pay-here dealers trying to secure used-car supply in the wholesale market, it certainly has been a challenging few years. But based on analyses coming from several different vantage points, it appears times are getting better. That was one central theme SubPrime Auto Finance News came across in recent months during […] [Read More]

When searching for a new ride, which models are catching the eyes of Canadian consumers? This past April, the most popular passenger car in Canada was the Hyundai Elantra, which notched 5,535 sales, DesRosiers Automotive Consultants Inc. reported. This marks a 3-percent year-over-year improvement for the No. 1 passenger car in the country. Coming in […] [Read More]

Manheim Toronto Auto Auction revealed this week it has chosen a new specialty manager who will be responsible for account  management of the facility’s truck, equipment and highline sales for new and existing customers. Tapped for the position is Cindy McCrystal, who has over 20 years of experience in the automotive industry. [Read More]

This week, ADESA Canada is recognizing a milestone with long-time partner Ford. The two companies are celebrating 35 years of partnership. In commenting on the years spent with Ford, ADESA Canada execs cited the OEMs great products and standards as reasons to stop and recognize what has been a beneficial partnership for both parties. [Read More]

Dealers in the market for  large pickups to stock their lots may want to consider looking for sourcing outside of the auction. Following a recent spring trend, auction prices for large pickups are expected to increase again this week, NADA Used Car Guide predicts. This segment is expected to continue inching upwards, rising by 0.2 […] [Read More]

It has long been forecasted that a dramatic increase in off-lease volumes would occur this year, offering used-car dealers a big boost in used-car inventory. Now, at the halfway point of 2013, are those predictions coming to fruition? To answer that question, Auto Remarketing takes a look at what some of the top analysts have […] [Read More]