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]

Toyota revealed Friday that Scott Heyer, a long-time corporate manager of fleet/TRAC/TCUV for Toyota, has moved on to a new position. Taking on Heyer’s former role will be Dave Depew, former corporate manager — distribution. Heyer is moving into the role of corporate manager — sales administration/Toyota division, where he will focus on retail sales. […] [Read More]

 As final preparations are made for the Used Car Week Conferences, which will be held Nov. 14–18 in Las Vegas, conference organizers have announced that the attendee lists continue to grow, surpassing any prior year’s attendance. [Read More]

Seen as the best time to test new business procedures with wholesale market conditions being what they are nowadays, Mercedes-Benz Financial Services is converting two of its live auction sites to exclusively online auctions. While explaining the decision to Auto Remarketing, MBFS indicated it will start with exclusive online High Line auctions in Milwaukee at […] [Read More]

Eric Lyman, director of residual value solutions for ALG, emphasized that the perceived quality of the alternative-fuel vehicles in an automaker’s lineup is strongly tied to how consumers view that brand overall. As such, he said, perhaps it’s not a shock that the top Perceived Quality Study score among alternative-fuel brands went to Lexus, which […] [Read More]

After ADESA Los Angeles recently held a three day opening-sale, as well as a ribbon-cutting ceremony, the auction hosted a grand-opening ceremony for the dedication of a new building for General Motors, just last week. The event — held Oct. 26 and 27  — included a closed-sale preview, open house and a V.I.P. welcome dinner, […] [Read More]