During a conference call with investors discussing its fourth quarter earnings results last week, GM Financial tipped its hand on some upcoming plans it has for Canada. While declining Auto Remarketing Canada’s request for specifics, the lender said it will start offering General Motors dealers non-prime lending in Canada later this year. [Read More]

The agenda for the 2012 Auto Remarketing Canada conference presented by CarProof is now officially live on the event’s website, organizers announced today. In addition to rolling out the offiicial agenda, the conference shared some more details about one of the speakers set for this year’s lineup, Paul Potratz. Explaining what he will cover, officials […] [Read More]

While also explaining its chief executive officer succession plan on Wednesday, Lithia Motors detailed results from a period that produced its best fourth-quarter net income ever in addition to used-vehicle sales that soared double digits. Specifically, the company sold 10,092 retail used vehicles during the period for a 24.5-percent year-over-year gain. Wholesale used sales increased […] [Read More]

Along with recall details on its Odyssey and Pilot, Honda revealed several changes in its U.S. executive ranks on Wednesday, moves the OEM insisted are designed to strengthen its North American regional operations to further speed decision-making and increase efficiency and competitiveness within the region. [Read More]

Habitat for Humanity Detroit has gotten the ball rolling on a $25 million city revitalization project thanks in large part to the generosity of a Big 3 chief executive. Donating a $1 million personal gift to the “Leaders to ReBuild Detroit” initiative was the top boss of General Motors, Dan Akerson. The aim of the three-year […] [Read More]

With current chief technology officer Tom Stephens set to retire on April 1, General Motors announced Wednesday who will be filling his shoes. Appointed to serve as the new vice president and CTO is Jon Lauckner, currently the president of GM Ventures. Beginning April 1, Lauckner will take on his new post while also holding […] [Read More]

NADA University recently announced it has gained two new partners. Joining the organization in its efforts to help dealers operate at the top of their game are The Greater Louisville Automobile Dealers Association (GLADA) and New Hampshire Automobile Dealers Association (NHADA). They both have initiated all-encompassing new partnerships with NADA University to provide their members […] [Read More]

Nissan North America revealed Monday it has chosen a new marketing director to “enhance” its brand power, among other responsibilities. Tapped for the position is Vinay Shahani, whose full title will be director of marketing communications and media for Nissan North America. The change is effective April 1. In his new role, the company noted […] [Read More]

BSCAmerica has rolled out a new website that officials contend makes it easier for dealers to find the used vehicles they need to fill their lots. The new site provides information on all the company’s services but primarily focuses on BSC’s offerings in the auction market. As most know, BSCAmerica is the parent company of […] [Read More]

Along with a separate alliance with Open Dealer Exchange, CUDL, administrators of one of the nation’s largest auto lending network for credit unions, recently announced a new initiative with Manheim’s OVE.com and GE Capital Fleet Services. As a result of the new initiative, officials highlighted CUDL, OVE.com and GE Capital Fleet Services will cooperate to […] [Read More]