Alexandria, Va.— The first month of 2012’s bankruptcy rate shows signs of economic recovery and bodes well for the new year. This past month, total bankruptcy filings in the U.S. decreased by 14 percent year-over-year, according to data provided by Epiq Systems. Total bankruptcy filings totaled 87,946 in January, down from the January 2011 total […] [Read More]

WASHINGTON, D.C. — The American Financial Services Association recently revealed it has installed a new chair for its Vehicle Finance Division Advisory Board. Tapped for the position is Andrew Stuart, president and chief executive officer of Volkswagen Credit. The installation was announced at the association's 16th annual Vehicle Finance Conference & Exposition in Las Vegas. […] [Read More]

After officially starting its Right to Cure Auction through relationships with Copart and Asset Nation at the beginning of the year, Consolidated Asset Recovery Systems is hosting a free Webinar to explain further how this is intended to benefit the recovery industry. The free Webinar is set to begin at 11 a.m. ET on Tuesday. CARS explained […] [Read More]

Along with an update from the president about the organization’s industry scorecard, the American Recovery Association revealed more of its agenda for the 2012 North American Repossessors Summit, including the event’s keynote speaker. Headlining the two-day training and networking event will be Mike Goins, senior manager and head of loss recovery at TD Auto Finance, […] [Read More]

The organizers of the 2012 Auto Remarketing Canada conference presented by CarProof announced this morning that three additional speakers have come on board, including two who will share insight about the Canadian certified pre-owned market. Signing on to the speaker list for the conference — which is being held April 16 through April 18 at […] [Read More]

Auto West Group has started building what it says will be Canada’s biggest stand-alone Mini store in addition to being among the country’s “most environmentally sustainable dealerships.” The comprehensive revamping of the existing Mini Richmond dealership is slated to be wrapped up this summer, officials with the dealership group indicated. [Read More]

Sharing some certified pre-owned insight, Todd Fowler —Honda Canada’s manager of used-vehicle operations — told Auto Remarketing Canada on Wednesday that both of the company’s brands have made a “fantastic start” to the year in the CPO segment. And it appears that Honda and Acura aren’t alone. When asked by Auto Remarketing Canada about January […] [Read More]

Seeing a Wall Street Journal report saying Chrysler is in the midst of seeking a new bank alliance to provide services for the automaker’s captive finance arm didn’t cause David Kelleher to overreact. The Chrysler National Dealer Council president told Auto Remarketing he thinks the OEM is simply testing the financial waters and likely Chrysler […] [Read More]

Kelley Blue Book unveiled the winners of its inaugural Total Cost of Ownership Award program on Wednesday, and taking the top honors were Kia and Audi. Kia won the overall award among all automakers, while Audi received the award for luxury brands. KBB also honored individual models across 21 segments, as well. To determine the […] [Read More]

WomenCertified revealed today a list of the dealers who excel in customer service in an effort to help women identify the best rooftops to visit in their community.  The company who represents female car shoppers released the  first WomenCertified Top Dealerships for Outstanding Customer Experience for 2011, which is being sponsored by Dealer Communications. [Read More]