FARMINGTON HILLS, Mich. — Mercedes-Benz Financial Services USA announced Tuesday a few executive management changes effective June 1. First up, former  vice president, general counsel and corporate secretary Matthew Roy has been appointed to the position of VP of human resources and administration. In his new position, Roy is responsible for overseeing human resources strategy […] [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;} ROCHESTER, Mich. — A new report shows that older buyers are leading the way […] [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 SUCCESS, N.Y. — Sparked by its gains in first-quarter revenue and net income, […] [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;} RANCHO SANTA MARGARITA, Calif., and ST. GEORGE, Utah  —  Finance Express, a provider of […] [Read More]

The Russ Darrow Group has a new president and chief operating officer, the company announced Monday. Appointed to the post is Mike Darrow, currently executive vice president. “Under Mike’s leadership as president, our employees and customers are assured of the stability, direction and transition of our company into the future,” stated Russ Darrow, chairman and […] [Read More]

Consolidated Asset Recovery Systems is offering another free Webinar to highlight its new open-source, freeware version of its IBEAM Web portal for the agent and lender communities. CARS management will host an hour-long session beginning at 3 p.m. ET on Wednesday. The company explained this new version of IBEAM will be specific to repossession and […] [Read More]

Repo Remarketing aims to be a full-service operation, so about nine months ago it began to create a division geared to complete its offering portfolio for lenders. The resulting product is sister company Find Track Locate, a nationwide skip-tracing partner to credit unions and financial institutions. “We really noticed that there was a gap as […] [Read More]

Mojo Motors — a website that aims to connect dealerships with qualified local buyers who are ready to make a purchase — recently landed $3 million in funding to fuel expansion beyond its test markets in the Northeast. The site also plans to use the funds to scale marketing efforts and further develop the platform. […] [Read More]

In a continued effort to push the importance of both dealers and consumers fixing vehicles included in recalls, Carfax designated today as Carfax Open Recall Day. The campaign follows last month’s release of a Carfax study that found more than 2.7 million used vehicles for sale online in 2011 with safety recalls that were never […] [Read More]

Of the nearly 200 stores Honda Financial Services and Acura Financial Services recently honored as its 2011 Council of Excellence award winners, only six dealerships have received this accolade for 10 years in a row. That group includes four Honda stores and a pair of Acura rooftops: —Dobbs Honda on Covington Pike, Memphis, Tenn. —Honda […] [Read More]