NASHVILLE, Tenn. — Officials from AutoCreditApproved.com, a website that connects consumers with poor credit to willing lenders, recently added a certified dealership partner in Nashville, Tenn. The site now is connected with Wholesale Inc. AutoCreditApproved.com chief executive officer Sean Bradley declared, "We are proud to announce Wholesale Inc. as the newest certified dealership in the […] [Read More]

ALEXANDRIA, Va. — As 2011 comes to an end, a look back on the year reveals that consumers and businesses may be recovering from the credit crisis of 2008, and are likely to continue their progress this coming year. Total bankruptcy filings in the U.S. decreased year-over-year by 12 percent in 2011, according to date […] [Read More]

CARY, N.C. — As Cherokee Automotive Group launches our first week of e-newsletters in 2012, our readers will see some changes. With our new schedule, we are making some shifts and increasing the frequency of SubPrime News Update to three times a week — Monday, Wednesday and Friday. Repo and Recovery, soon to be renamed Re3, has […] [Read More]

It appears that consumers are gravitating more and more to Korean brands when looking at new vehicles, according to NADAguides.com, which said in its latest Consumer Market Interest Report that domestics are holding their own, as well. Sharing the rankings of the most-researched vehicles on the site during the quarter, officials noted that the model […] [Read More]

After reviving a closed Nissan store and making it one of the top brand rooftops in the market, Bronx businessmen Ted Bessen and Steven Risso are aiming to do it again — this time with a Volkswagen dealership. The owners of Teddy Nissan recently opened Teddy Volkswagen, a facility also located on Boston Road. Risso […] [Read More]

In an effort to give back to the community during the holidays, Autobytel employees participated in a food drive to benefit Families Forward — an Orange County nonprofit that assists families in financial crisis. Initiated by the company’s Good Works Council, Autobytel employees were challenged to raise food donations for the organization, “resulting in an […] [Read More]

Consumer Reports’ Best New-Car value list covered a bevy of vehicles, ranging from luxury sedans to family-friendly minivans, but one smaller unit made it back on the list and also re-emerged as the best overall value among the vehicles analyzed. Taking home the top honors, the Honda Fit impressed Consumer Reports’ staff once again. And […] [Read More]

Veteran repossessor and Time Finance Adjusters executive Patrick Altes believes there has been an industry myth circulating for years about how voluntary repossessions are expected to unfold easier for both agents and lenders. However, Altes takes a cautious approach about voluntary repossessions saying, “The reality is that the chances of finding the easy, should-be-done-cheaper voluntary […] [Read More]

Along with forging two other partnerships with technology providers for compliance and more, Consolidated Asset Recovery Systems officially began its Right to Cure Auction through relationships with Copart and Asset Nation. As CARS discussed previously in leading up to this new offering, the company indicated the Right to Cure Auction is designed to provide an […] [Read More]

Building upon the strengthening performance of 2011 new-vehicle sales in the U.S. and elsewhere, Polk on Tuesday predicted that this year’s worldwide new-vehicle sales should rise 6.7 percent. That estimated jump would push worldwide volume to 77.7 million vehicles. Polk analysts believe the global economy will weather the current European sovereign debt crisis, and consumers […] [Read More]