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]

Prompted by a tough economy, consideration for certified pre-owned vehicles among new-car shoppers has widened, according to AutoTrader.com, which said this growth has helped drive record sales in the CPO market. Specifically, 60 percent of new-vehicle shoppers claim their willingness to consider CPO vehicles has gone up because of the economy, according to  end-of-2011 research […] [Read More]

As I’ve noted here before, I believe proxy bidding represents the “next generation” of used vehicle acquisitions at auctions. It’s far more efficient than physical trips to auctions and a complementary time-saver for vehicle buyers who monitor simulcast auctions. I’d promised in an earlier post to share data and insights gleaned from discussions with Manheim […] [Read More]

PAR North America has teamed up with vehicle transport provider CarsArrive to expand transportation services options for recovery agents while also offering them more revenue opportunities. The partnership allows recovery agents in PAR’s Preferred Agent Network to scan available transport load assignments in real time through CarsArrive. Instant notifications are also available to users via […] [Read More]

Revealed to Auto Remarketing Thursday, the owners of Carolina Auto Auction and Indiana Auto Auction — Henry and Patty Stanley  —will be executive sponsors of continuing education program developed by TPC Management Company for professionals in the auction industry Auction Academy’s initial course offering. [Read More]

Jumpstart Automotive Group unveiled a marketing insights book on Wednesday that it contends can help in automakers’ campaigns to better reach and influence car shoppers. The Jumpstart Automotive Insights Book 2010-2011 aims to accomplish this through the comprehensive two-year analysis in the publication that examines car-shopper trends and auto marketing data. [Read More]