American Recovery Service and financial services partner SWBC recently completed technology integration geared to streamline systems and business processes between the companies. ARS aims to provide nationwide servicing of asset repossessions, skip-tracing, impounded asset retrieval, license plate recognition recovery and online remarketing, which will now be available to credit unions utilizing SWBC’s AutoPilot, a suite […] [Read More]

Consolidated Asset Recovery Systems launched a new open-source, freeware version of its IBEAM Web portal to the agent and lender community. The company highlighted this new version of IBEAM — available after April 15 — will be specific to repossession and invoice management, providing all the capabilities of asset tracking, real-time monitoring of updates, online […] [Read More]

The grand opening date has been set for Auction Broadcasting Co.’s first-ever facility in the Northeast. ABC Lancaster Auto Auction will open its doors on Thursday with a sale at 1 p.m. EST at the interim four-lane facility, auction officials announced recently. [Read More]

One of the dealers cited in a complaint revealed by the Federal Trade Commission last week is going back online to defend himself. Tracy Myers gave a statement to Auto Remarketing via Facebook about the FTC coming down on Frank Myers AutoMaxx LLC, one of five dealerships mentioned in the commission’s documents pertaining to a […] [Read More]

Dealers and store managers still have time to register for the first session of 2012 in the free Auto Remarketing Training Series. The opening stanza is set to include used-vehicle experts from AutoTrader.com, vAuto and Carfax. Dealers and store managers can join the instructional event that includes question-and-answer sessions beginning at 2 p.m. ET on […] [Read More]

To meet popular demand from its members, the National Independent Automobile Dealers Association is forming a 20 Group Program, the association announced last week. Like many of its peer programs, the NIADA 20 Group Program will aim to bring together dealers (in this case, independent stores) for idea and best-practice sharing, as well as data […] [Read More]

The National Highway Traffic Safety Administration indicated Subaru is recalling the Forester from the 2009 through 2012 model years. A total of 275,000 are being summoned to franchised dealerships because the automatic locking retractor in the seat belt assemblies located in the rear-center seating area do not meet lockability requirements. NHTSA said the problem means […] [Read More]

Though Hyundai maintained its perch as the top OEM in TrueCar’s latest Performance Scorecard rankings, a pair of Big 3 automakers have made some significant inroads. Ford and General Motors topped the list of improvers from January to February, as GM boosted its grade from a B- to an A, while Ford pushed its C […] [Read More]

Dealership Group Larry H. Miller Automotive revealed last week a couple of management changes, first promoting company veteran Dean Fitzpatrick to president and chief operating officer of LHM Auto. This change is effective immediately. “Dean has filled various management positions within the LHM Group for the past 24 years. He has an in-depth understanding of […] [Read More]

Given his first pair of shoes as a 9-year-old in Nigeria and taught how to play basketball by missionaries, Manny Ohonme turned a dream into reality, following his inspiration all the way to a college basketball career in the U.S. Paying it forward, Ohonme founded a global humanitarian organization giving underprivileged children shoes and a […] [Read More]