SEATTLE — As dealers continue to search for inventory to match up with subprime buyers, Auction Edge announced today that auction employees can now view used-car managers' credit lines and available credit with Automotive Finance Corp. floor plans. Officials explained this enhancement can enable auction personnel to help the dealer complete their purchases and finalize […] [Read More]

FARMINGTON HILLS, Mich. — RouteOne revealed this week that it has been endorsed as the credit application management system of choice by the National Independent Automotive Dealer Association. As an endorsed NIADA National Member Benefit Partner, RouteOne highlighted that it has assisted NIADA's 20,000 independent dealership members with streamlining their F&I process through the utilization […] [Read More]

DEERFIELD BEACH, Fla. — Southeast Toyota Finance recently added the Prius c to the list of Toyota vehicles eligible for the $1,000 Southeast Toyota College Graduate Rebate Program. Other vehicles also available in this program are the Toyota Camry (non-hybrid only), Corolla, Matrix, RAV4, Yaris and Tacoma. In addition to the $1,000 rebate, qualified college […] [Read More]

Skip-tracing expert Alex Price of MasterFiles recently rolled out a new website geared to support the efforts of all skip-tracers through education, training and networking opportunities. Price highlighted there is no cost to join the industry dialogue and obtain the training materials available at SkipGuru.com. [Read More]

Recovery Specialist Insurance Group and Allied Finance Adjusters recently hosted a joint compliance training seminar in conjunction with Allied’s mid-year meeting at the Golden Nugget Hotel and Casino in Las Vegas. RSIG’s director of education Michael Howk and Allied’s compliance and education chairman Tom Wentling presented a full-day session on compliance. Howk and Wentling gave […] [Read More]

Even though transaction prices softened, CNW Research discovered that September represented a solid year-over-year used-vehicle sales gain as the total represented an 8.76-percent rise. All told, CNW tabulated that the used-vehicle sales totaled 3.81 million units in September, a figure representing what both franchised and independent dealers turned during the month, as well as private-party […] [Read More]

A new program by Automotive Internet Media is finding success with dealerships, exceeding the company’s expectations in its first month. AIM’s new CarClicks advertising program drives auto consumers shopping on independent automotive sites directly to the dealership’s website, the company said. “We’ve had an incredible start with the launch of our CarClicks program,” said Tony […] [Read More]

DealerTrack announced today it has acquired interactive marketing solutions company ClickMotive LP. DealerTrack officials contend the newest deal will add to the expand the capabilities the company acquired with its recent purchase of eCarlist. [Read More]

A new sale training course focused on selling used and pre-owned vehicles was announced today by Joe Verde Sales & Management Training Inc. Subscribers to Joe Verde’s Training Network, a virtual sales training network for the auto industry, now have access to "Selling Used, Pre-Owned & Certified Vehicles in Today’s Market," the company’s newest online […] [Read More]

Wholesale price declines are slowing down, according to this week’s edition of the "Beggs on the Used Car Market" video report. The managing editor of Black Book started his report by noting that even though this time of year usually brings higher depreciation levels than the rest of the year, “as we look at the […] [Read More]