The National Automobile Dealers Association released a study late last week suggesting that higher vehicle prices resulting from proposed fuel economy rules will cut millions of potential new-car buyers out of the market in 2025.  Don Chalmers, president of Don Chalmers Ford in Rio Rancho, N.M., and chairman of NADA’s government affairs committee, declared, “To […] [Read More]

Revealed today, Edmunds.com has chosen a live chat solution to connect dealers to car shoppers researching their next purchase on the site. Selected by the company as its dealer chat provider is Contact At Once. Contact At Once will provide live chat functionality across Edmunds.com’s consumer-oriented web properties, officials explained. [Read More]

Dealers looking for first-hand feedback about the revenue capabilities of CarMark Certified Pre-Owned can find it during an upcoming free Webinar from the Pre-Owned Automobile Dealers Alliance. The next session of Pre-Owned LIVE is set for 2 p.m. ET on April 24. Scheduled to be a part of the Webinar titled, “CarMark Certified: Maximizing Third […] [Read More]

At Marvel’s The Avengers Hollywood premiere, the press had something more to snap a photo of then the normal celebrity couples. Thousands watched  as actor Robert Downey Jr., who plays Tony Stark in the Iron Man films, drove onto the red carpet at the El Capitan Theater in a custom Acura-created sports car. The premiere, […] [Read More]

Chrysler announced a new senior vice president of purchasing and supplier quality on Friday to take the place of Dan Knott, who is taking a medical retirement. Appointed to the position, effective immediately, is Scott Kunselman, who was previously senior vice president of engineering. Meanwhile, Chrysler named Mark Chernoby as its new senior vice president […] [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;} SACRAMENTO, Calif. — A new California bill signed this past summer — Assembly Bill […] [Read More]

PHILADELPHIA — Provider of automotive collateral management services, electronic lien and title (ELT) services and direct finance processing for automotive lenders, VINtek recently reported double-digit growth, as well as a significant number of new clients for 2011. This past year’s results continued a three-year span of double-digit revenue and client growth, the company noted, reporting […] [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;} NEW YORK — Fitch Ratings today published an updated asset-backed sector specific criteria report […] [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;} TORONTO — TD Bank Group announced today that chairman, chief executive officer and president […] [Read More]

America’s Auto Auction Inc. has acquired its 10th location with the acquisition of Auction Broadcasting Company’s Redtop Auto Auction Atlanta. The auction is located in Cartersville, Ga. Ben Lange, president and chief operating officer of America’s Auto Auction stated,  “I am pleased to announce that effective March 30, 2012, Red Top Auto Auction Atlanta, has […] [Read More]