Volvo Cars of North America has tapped a new vice president of marketing and product planning to fill the spot formerly held by John Maloney, who became president and chief executive officer last month. Appointed to the position by Maloney is Tassos Panas, whose most recent post was as executive vice president of sales operations. […] [Read More]

Even though 2011 marked a dramatic downturn for off-lease volume — which is perhaps the most significant lifeflood for the certified pre-owned supply — some automakers are expecting that 2012 will present even more challenges for securing CPO inventory. So, in order to continue the momentum from a record year for certified sales in 2011, […] [Read More]

The National Independent Automobile Dealers Association and Manheim announced they are now accepting nominations for the 2012 NIADA/Manheim Community Service Award. The award recognizes independent dealers for community contributions and charitable sponsorships. Five finalists will be selected from the pool, and the winning dealership will be named on June 13 at the Leadership Awards Banquet […] [Read More]

Tracers Information Specialists, a service provider helping skip-tracers, repo agencies and other debt collectors track down consumers and collateral, recently revealed it has expanded its vehicle database. This database available through its website now contains vehicle and debtor information from 23 states. “Tracers offers a comprehensive suite of data tools that help collection professionals quickly […] [Read More]

The American Recovery Association and MasterFiles recently completed an integration project that’s resulted in a new alliance. As a result, ARA members can perform their skip-tracing and front-end verifications in a cost effective way that association leadership believes cannot be duplicated anywhere else in the industry. “We are very appreciative of MasterFiles joining with ARA […] [Read More]

Inventory management company RedBumper intends to roll out what it thinks is the first true mobile inventory management system during next month’s National Automobile Dealers Association’s Convention & Expo. RedBumper contends its four-part system is connected entirely to smart devices and can enable dealers to achieve faster turns, higher profits and volume sales, all at […] [Read More]

According to shoppers on AutoTrader.com, one of the domestic darlings has come out on top as the most innovative automaker out there, topping luxury and foreign nameplates.  And consumers chose Ford, with 38 percent of survey takers picking the Blue Oval. Interestingly, Ford also comes in as the most-searched for manufacturer on the site. And according to the […] [Read More]

It might be the dead of winter in many parts of the country, but ADESA’s Tom Kontos peered ahead as to what dealers might be encountering in the auction lanes when spring arrives. In discussing how 2011 unfolded and what might be ahead this year, Kontos believes used-vehicle prices continue to run into an artificial […] [Read More]

With the names of the fourth quarter winners to be revealed shortly, GM Remarketing shared with Auto Remarketing on Monday a quarter-by-quarter breakdown of the auctions recognized for strong operational performance in 2011. The GM Sponsored Auctions Operational award is doled out each quarter to one auction per region, with the following criteria considered in […] [Read More]

Led by its domestic operating segment, AutoNation saw a 7-percent rise in retail new-vehicle sales in 2011 and closed the year with a strong December that was up double digits year-over-year, the company announced Monday. Breaking its full-year results down further, AutoNation realized a 17-percent gain in sales for domestics, while its import sales were […] [Read More]