ALEXANDRIA, Va. — Bankruptcy filings in the U.S. this past month fell by double digits, according to the latest report from The American Bankruptcy Institute. Falling by 16 percent, total bankruptcy filings plunged as the spring season progressed. According to data from Epiq Systems, April bankruptcy filings totaled 108,865, down from the 129,815 filings registered […] [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;} ATLANTA — With auto loans leading the charge, Equifax contends the credit landscape is […] [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;} SOUTHFIELD, Mich. — Provider Exchange Network, a division of Open Dealer Exchange, recently announced […] [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;} SAN ANTONIO — USAA, which helps military families secure auto financing, insurance and more, […] [Read More]

After five consecutive months of gains — a span that included the best month of all time for certified pre-owned sales — the CPO market experienced a year-over-year dip for the first time since October. During April, there were 143,137 CPO sales, according to Autodata Corp., and this marked an 8-percent decrease from April 2011. […] [Read More]

Spending six months working inside stores, listing vehicles, communicating with potential buyers and more gave Clayton Stanfield plenty of first-hand training. As a result, the senior manager of dealer training at eBay Motors ramped up the company’s free online training offerings that now include five more classes that can certify salespeople in all aspects of […] [Read More]

Auto Remarketing has learned that American Auto Auction Group has made two management changes in light of recent brick-and-mortar facility additions and expanded mobile auction locations. AAAG said that Ryan Rickey has new responsibilities with the company serving as vice president of business development, sales and marketing for AAAG’s National Auction Partners division. It was […] [Read More]

Ally Financial SmartAuction handed out its SmartLane Auction of the Year Award earlier this week. Receiving the honor was Greensboro Auto Auction, based in Greensboro, N.C. SmartAuction highlighted that Greensboro AA was the No. 1 seller of vehicles in the company’s premier open auction lanes last year. The achievement marks the second consecutive year Greensboro […] [Read More]

In what gives the group’s dealers another selling point to move used units, Sonic Automotive customers will now be offered a three-month free Sirius XM radio subscription when they purchase a pre-owned vehicle equipped with satellite radio at any of the retailer’s 108 rooftops. The two companies revealed the partnership on Thursday. Commenting on the […] [Read More]

Announced this week, Innovative Funding Services has teamed up with fleet management company PHH Arval. Through this partnership, PHH will offer IFS as a potential funding source for its clients’ employees wishing to purchase their fleet vehicles, officials explained. [Read More]