To reinforce what the company can do for its dealer customers, ADESA recently produced a video highlighting how used-car managers can leverage several solutions to keep them at the store to do what they do best — retail more vehicles. ADESA senior vice president of dealer services Tim Zierden emphasized that one of the company’s […] [Read More]

NADA Used Car Guide director of dealer services Stu Zalud is out to help store managers through a free webinar this week titled, “Optimizing the Power of Your Data.” Zalud explained the session is geared to teach dealers and managers how to protect and leverage the data they already have to improve their stores effectiveness […] [Read More]

Brasher’s is set to celebrate 35 years in Sacramento with an upcoming special two-day anniversary sales. Brasher’s Sacramento Auction will hold the celebratory event on March 18 and 19. What’s in store for attendees? First, the event will kick-off with Brasher’s Live! on Monday night, “when the auction will entertain customers at an elegant dinner […] [Read More]

Late last week, FirstLook Systems unveiled its latest Cutting-Edge Practice Series: Retail Performance Management. The new series is designed to help general managers, dealer principals and used-car markets boost their used retail operations through its insight on best practices and techniques. [Read More]

RALEIGH, N.C. — FNI Inc. — a collateral protection and consumer benefit program product and compliance agency for auto finance providers — designed what the company believes is the industry's first GAP offering bundled with a vendor and product management solution for compliance with the Consumer Financial Protection Bureau. To create the solution, FNI explained […] [Read More]

DETROIT — Despite being the only financial institution to fail recent stress tests administered by the Federal Reserve to gauge ability to weather a severe recession, Ally Financial finished 2012 as the market leader for all auto financing, according to data from Experian Automotive. Ally took the No. 1 spot back from Wells Fargo during […] [Read More]

BENTONVILLE, Ark., and EDINA, Minn. — Buy-here, pay-here dealership chains America's Car-Mart and CarHop recently made a series of additions to their store networks. By bringing on the 121st dealership into its portfolio, Car-Mart expanded its footprint in Missouri by rolling out a lot in Harrisonville. The store is the company's 16th location in Missouri […] [Read More]

MINNEAPOLIS — van Wagenen Financial Services recently formed a pair of alliances to enhance its loan servicing software with insurance tracking and placement services. First, van Wagenen formed a strategic marketing agreement with Nortridge Software, a Lake Forest, Calif.-based company that provides lenders and loan servicers with the automation needed to more profitably originate, service, […] [Read More]

Several industry awards were handed out Thursday at the NAAA/CAR event in Las Vegas, including the Consignor of the Year, Remarketer of the Year, and more. During the Industry Awards Ceremony, the Consignor of the Year award went to Bob Graham, vice president of vehicle remarketing at ARI.  Meanwhile, Remarketer of the Year honors went […] [Read More]

The CarMark Certified Pre-Owned program has announced the addition of two new dealers: Powers-Swain Chevrolet in Fayetteville, N.C., and Regan Ford in Haverhill, Mass. Operated by the Pre-Owned Automobile Dealers Alliance (POADA), CarMark Certified Pre-Owned provides inspections, vehicle history reports, warranties, roadside assistance and other great benefits across a wide spectrum of makes and models. [Read More]