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;} DALLAS — American Recovery Association and Recovery Industry Services Co. recently formed a partnership […] [Read More]

MATTHEWS, N.C. — Subprime lender Ace Motor Acceptance Corp. recently revealed that due to expansion into new markets as well as the success of dealer financing tool BHPH In a Box, the company has chosen a new chief financial officer. Tapped for the position is John Donaldson. Donaldson is a certified public accountant who has […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* 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;} WASHINGTON, D.C. — A federal judge ruled against the National Automobile Dealers Association […] [Read More]

Carfinco Financial Group has extended its streak, reporting yet another quarter of record normalized pre-tax earnings. In what was the first reporting quarter for the company as a public corporation, Carfinco notched $6.6 million in normalized pre-tax earnings. Its streak of records began in the third quarter of 2009. Net earnings for the company climbed […] [Read More]

Although the Calgary, Alberta-based company saw steeper net losses in the first quarter, Quorum Information Technologies expanded its dealership customer base during the period, as it installed 259 dealership rooftops in the opening quarter of the year. The company also celebrated its 11th straight quarter of cash flow positive results. [Read More]

As nearly all the wholesale price segments NADA Used Car guide tracks are expected to fall over the course of this week, it may perhaps be surprising just which units may see a slight uptick. After the gas price surge left compact-car prices soaring, the declining fuel rate may play a part in the predicted […] [Read More]

Especially for stores selling new models from a pair of Japanese OEMs, the unofficial start of summer this coming weekend is expected to be a busy time for franchised dealers based on projections from both Kelley Blue Book and Edmunds.com. In fact, KBB thinks May’s new-vehicle sales should approach 1.4 million units or a 14.2 […] [Read More]

Mobile ad network Mojiva released some info Wednesday that suggests consumers may be looking to their phones when searching for their next vehicle. According to its quarterly Mobile Audience Guide, 50 percent of respondents expressed interest in using their mobile phone to research buying or leasing a vehicle. “The latest version of the guide provides […] [Read More]

Mazda Motor Corp. and Fiat Group Automobile S.p.A. are teaming up to build a new roadster that will be based on Mazda’s MX-5 rear-wheel-drive architecture, the companies announced Wednesday. The companies signed a non-binding memorandum of understanding, under which they will develop and build the roadsters for the respective Mazda and Alfa Romeo brands. Under […] [Read More]

Get Auto and Marchex Inc. this week announced a service partnership meant to offer dealers comprehensive, measurable reporting for inbound consumer calls. The collaboration will provide GetAuto.com with call tracking and analytics technology that can help ensure the quality of leads provided to dealers and help dealers best channel their advertising dollars, the companies said. […] [Read More]