While revealing some highlights from its 2011 fiscal year, as well as providing its first-ever Corporate Sustainability Report — which details the company’s commitment to economic, social and environmental sustainability — Enterprise Holdings also announced that it saw double-digit growth in worldwide revenues from 2010. For its fiscal year ending July 31, the company posted […] [Read More]

Mid–South Auction wanted to help Stewpot Community Services, an organization in Jackson, Miss., that shelters the homeless and feeds the hungry. So last week the auction began a program it dubbed the Brown Bag Project. General manager Bob Sullivan urged dealers to return special program bags filled with recommended items. The filled bags can be […] [Read More]

CARY, N.C. — As final preparations are made for the Used Car Week Conferences, which will be held Nov. 14–18 in Las Vegas, it was announced the special conference room rate of $200 expires today and cannot be extended. Bill Zadeits, conference co-chair,  also noted that rooms at the hotel, the Red Rock Casino, Resort […] [Read More]

WASHINGTON, D.C. — Revealed late last week, Ford Motor Credit’s president has been installed as the American Financial Services Association’s 2011–2012 chair. John Noone was appointed to the position during the association’s 95th annual meeting in the nation’s Capitol. Commenting on his new position, Noone said, “The financial services industry is rebounding, but still faces […] [Read More]

CLEARWATER, Fla. — With more location growth on the horizon, Nicholas Financial enjoyed a record second quarter, generating a 39-percent increase in net earnings. The company recently reported its second-quarter net earnings figure rose to $5.520 million from $3.982 million. As a result, Nicholas Financial's per share diluted net earnings spiked 35 percent to 46 […] [Read More]

CLEARWATER, Fla. — Clarity Services, a provider of subprime, thin-file and under-banked consumer data reporting, recently announced the release of its new Clear Subprime ID Fraud solution. The company highlighted Clear Subprime ID Fraud can provide several identity verification elements and a custom Clarity Fraud Score derived from a combination of Clarity credit reporting and […] [Read More]

Brasher’s Portland Auto Auction recently commemorated 62 years of Brasher’s by hosting a special anniversary event that included a sale featuring a consignment of 1,000 vehicles, a salmon and steak dinner and bidding for prizes and excursions. “It was an exciting event for all of us,” stated Rob Wassom, sales manager at Brasher’s Portland Auto […] [Read More]

ACA International arrived at a recommendation to modernize the collection trade association’s governance structure and now wants members to review this proposal. Officials recapped that a year ago then-ACA president Martin Sher convened an ACA governance task force to review the association’s current governance structure and recommend proposals. The task force recently concluded this work […] [Read More]

The American Recovery Association is already taking registrations thanks to an early bird discount for the fourth annual North American Repossessors Summit, which is scheduled for March 23–24 in Dallas. ARA officials indicated registration fees will increase after Dec. 31. “NARS is the must-attend event in the recovery and remarketing industry and with a limited […] [Read More]

Ally Financial announced the launch of a new financing product this morning on new 2011 and 2012 General Motors and Chrysler vehicles that gives customers the option of treating their vehicle purchase like a lease and selling it back to the lender at the 48th month at a fixed price. However, if the customer decides […] [Read More]