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;} LAS VEGAS — Two professionals the National Alliance of Buy-Here, Pay-Here Dealers considers legends […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE LAS VEGAS — A week's worth of training sessions, discussions of best practices and analysis of current trends reached a crescendo today as the 2012 NABD Conference orchestrated by the National Alliance of Buy-Here, Pay-Here Dealers came to a close. The conference's final day included a session […] [Read More]

HANOVER, Md. — Compliance law firm Hudson Cook, LLP, recently announced another partner has joined its ranks in it Washington, D.C., office. Tapped for the position is Joel Winston, who the company noted brings “over 35 years experience in all aspects of consumer finance law and public policy with special emphasis on privacy, identity theft, […] [Read More]

IRVINE, Calif. — Consumer Portfolio Services revealed this week it has entered into a $100 million one-year revolving warehouse credit facility with Citibank. Commenting on the news, Charles Bradley, Jr., president and chief executive officer of CPS, noted, “We are pleased to expand our long-term relationship with Citi with the completion of our fourth financing […] [Read More]

SACRAMENTO, Calif. — Though the National Alliance of Buy-Here Pay-Here Dealers has voiced its opposition and the legislation remains unpopular with great numbers of dealerships all over California, A.B. 1447 has taken another step forward, as a legislative committee passed the controversial bill this week by a vote of 12 to five. The California Assembly’s […] [Read More]

MIRAMAR, Fla. — The National Independent Automobile Dealers Association tapped a new national member benefit partner, as it was announced that the latest to join the ranks is CompuPay, a  provider of payroll, tax filing and employer-related services. Under the partnership with CompuPay, the more than 20,000 members of NIADA Member Services gain access to […] [Read More]

Canadian customized lease management provider Jim Pattison Lease announced recently that it has bought the portfolio of Ontario-based Williamson Leasing. Calling Williamson Leasing a “service leader in the vehicle leasing market of Ontario for over 50 years,” officials said that Williamson employees Lisa Davis and James Fullerton will be brought on board the Jim Pattison […] [Read More]

During what was found to be a “mixed” month among various vehicle segments, the ADESA Canada Used Vehicle Price Index in April showed a modest month-over-month dip on a seasonally adjusted basis. More specifically, ADESA’s data — powered by ALG Canada — showed that the “index was down slightly from March” and indicated that wholesale […] [Read More]

Pushed in part by Canada’s new-vehicle sales kicking off 2012 with a bang, the country’s used-vehicle prices experienced a month-over-month dip in April,  according to analysis from the RVI Group. However, thanks to lower exchange rates and used supply trends, Canadian used values still increased more than 2 percent from a year ago, explained manager […] [Read More]

Sourcing enough used-vehicle supply to keep up with the burgeoning demand. It has arguably been the biggest challenge faced by dealers in the used-vehicle market for quite some time, but the light at the end of the tunnel might not be too far away, according to a recent white paper from the National Automobile Dealers […] [Read More]