There’s good news coming from the lanes at Brasher’s Sacramento Auto Auction. With two exceptions, all segments of the wholesale used-vehicle market are strong in the area. In making his post-sale report for the July 10 sale at Brasher’s Sacramento, John Brasher noted a “really, really strong” market in almost all segments, including trades, repossessions […] [Read More]

As the auto industry hit the half-way mark for the year, Edmunds.com took a look back at the past few months to see who “scored” big and which OEMs and vehicles notched the most sales. And with June car sales performing better than expected, 2012 pushed ahead by double digits from the first-half of last […] [Read More]

May the Force be with you. The Star Wars-themed Course of the Force charity relay on Thursday completed its five-day journey to San Diego, with Hyundai in the lead. The official vehicle of the relay, Hyundai joined Lucasfilm Ltd., Nerdist Industries and Octagon to complete an Olympic-style light saber relay from Santa Monica, Calif.,  to […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE CHADDS FORD, Pa. — Flagship Credit Acceptance, a national indirect automobile finance company, announced the issuance of its first asset-backed securitization. The total amount was $109 million in a transaction that was completed Thursday.  Officials highlighted the securitization will increase Flagship's liquidity position and will allow the […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE ATLANTA — eCredable, an alternative credit reporting agency that can help consumers prove their creditworthiness to potential creditors, formed a relationship earlier this week with RoadLoans.com, which is owned and operated by Santander Consumer USA. Officials explained the goal of their partnership is to aid in the […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE AUBURN HILLS, Mich. — In what may spur some extra lot traffic for its dealers, Chrysler Group has launched its "No Payments for 90 Days" promotion as part of its annual Summer Clearance Event, which runs through the end of August. The 90-day payment deferment is good […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:”Times New Roman”; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} LAKE FOREST, Calif. — Loan servicing platform provider Nortridge Software recently named a new […] [Read More]

Volvo Canada’s certified pre-owned sales for June dipped slightly from the same month of 2011, but the automaker closed the first half of the year ahead more than 23 percent of the year-ago period and still expects to see double-digit full-year growth. Volvo was just one of several automakers reporting June CPO sales to Auto […] [Read More]

For the first time ever, Vincentric this week announced its Vincentric Best Fleet Value in Canada awards, analyzing cost of ownership. Topping the chart with seven vehicles named to the list is Ford. Other brands noted by Vincentric as having a cost-efficient fleet lineup include Chrysler, General Motors, Mercedes-Benz and Toyota, each winning five awards. […] [Read More]

img.imagefield.imagefield-field_image {float:right;} The winners of the accolades highlighting business excellence in Canada — the Consumer Choice Awards  — were recently revealed. And after conducting third-party market research of both the consumer and business community, the 2012 Top Service Providers in the transportation sector for the greater Toronto area — including local dealers — were chosen.  […] [Read More]