The International Automotive Remarketers Alliance has put out a call for an executive director, and is looking for “a proven leader with strong public speaking abilities and prior industry experience” to fill the position. Last week, the organization posted the following job description on its website: [Read More]

Allied Finance Adjusters and Recovery Specialist Insurance Group announced their 2013 annual conferences will be a collaborative effort for three days of education, training, networking and entertainment. The event will be held at the Hyatt Regency Pier 66 Hotel in Fort Lauderdale, Fla., on April 17–19. All recovery lenders, vendors and repossessors are welcome to […] [Read More]

At the time of Mazda’s launch of a revamped certified pre-owned program on July 1, 2010, the company had sold 5,125 certified units in the preceding 12 months. Fast forward some two-and-a-half years later and Mazda is celebrating annual CPO sales more than five times as high as that sum. The 27,239 CPO sales in […] [Read More]

Perhaps of interest for dealers deciding which after market systems to put in their pre-owned cars before showing them on the lot, it seems new-vehicle owners aren’t quite satisfied with their in-car navigation systems — and here’s why. [Read More]

Investment research firm DBRS expects that lenders will begin to loosen credit standards to achieve growth strategies as the auto finance market continues to improve, competition increases and credit availability resumes. As a result, the firm contends these developments will likely put negative pressure on collateral performance, increasing pool delinquencies and losses. “Furthermore, the weaker, […] [Read More]

Along with updating members about insurance booklet legislation developing on Capitol Hill, the National Automobile Dealers Association announced the new mobile app for the 2013 NADA Convention and Expo is now available for download. Officials said the app can help attendees maximize their convention experience with features that include: —Up-to-the-minute updates on workshop sessions and […] [Read More]

With some of the Reynolds Consulting team members earning official designation as eBay eDealer Certified Consultants, the company is now offering a new program aimed at helping dealers maximize their listings on eBay Motors. This will feature in-dealership training as well as coaching from Reynolds consultants on using the eBay Operations Blueprint. [Read More]

ADESA Phoenix is gearing up for its Third Annual Legendary Sales Week. As part of its alliance with the Barret-Jackson Auction Co., the ADESA auction will hold the event Tuesday through Thursday —  which coincides with  the 42st Annual Barrett-Jackson Collector Car Auction, which runs through Sunday. "It is truly a pleasure to partner with […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE SAN FRANCISCO — Wells Fargo — the auto lending market leader according to the latest data generated by Experian Automotive — watched its originations soften as the year closed, but they still improved compared to the last quarter of 2011. Reflecting what they described as seasonality and […] [Read More]

ST. LOUIS — Enterprise Car Sales, which specializes in working with credit unions of all sizes to increase auto loan volume, said it generated a total of more than $380 million in loan volume for credit unions through used-vehicle sales to more than 23,000 credit union members during 2012. Officials indicated the loan volume generated […] [Read More]