Making a quick recovery from Thailand’s worst floods in 50 years, both Honda and Toyota reported they will be resuming normal production schedules at their North American plants in the next week. First, Toyota announced that based on parts availability, its North American plants will continue operating on a normal production schedule starting this week […] [Read More]

In the spirit of community outreach — and friendly competition among co-workers — KAR Auction Services and its employees generated donations of more than 11,000 food items for a local food bank in a recent “Battle of the Floors” food drive at the Indianapolis-area company. A software quality analyst for the company — Scott Schultz […] [Read More]

Dealers Auto Auction of the Southwest and MotoExotica are teaming up to host a classic and exotic car sale in Phoenix during the weekend leading up to Barrett-Jackson’s annual event in Scottsdale, Ariz.., DAASW vice president Jim DesRochers announced. The sale is slated for Jan. 14 and Jan. 15, and officials are anticipating 300-plus vehicles […] [Read More]

DALLAS — Auto affordability remained on the downward slope during the third quarter, and playing a major role in this softening was sluggish income growth, according to Comerica Bank. While income stagnancy is a "drag" on the typical post-recession bounce-back in sales, Comerica did spot some positive signs for dealers, including restored production, low interest rates and […] [Read More]

CARY, N.C. — The past few years have been tough across the board for lenders and dealers, particularly those working in the non-prime, special finance and buy-here, pay-here space. To help bring lenders and dealers together to get credit-challenged customers financed, SubPrime Auto Finance News houses a lender directory on its site. The publication is seeking […] [Read More]

CRYSTAL LAKE, Ill.  — Striving to make it easier for dealers to more efficiently and quickly close deals, Automotive Compliance Consultants revealed Monday that it will now enable dealers to access three major credit bureaus, as well as all credit-related documents from one website. With its new credit bureau reporting service, the company contends it has eliminated “the […] [Read More]

CARMEL, Ind. — J.D. Byrider recently unveiled its Franchise of the Year winners and President's Awards, honoring a slew of stores throughout the country. The company announced the winners at its November convention in Rancho Palos Verdes, Calif. In the Franchise of the Year segment, there were three categories of winners: single (one location), mid (two […] [Read More]

An auction owner in Pennsylvania and his general manager are in some hot water after federal prosecutors charged the pair with committing fraud against charities. William Stake, owner of Gettysburg Auto Exchange, and auction GM David Burk face charges of “operating and conspiring to operate a scheme to defraud charities who used the Gettysburg Auto Exchange […] [Read More]

Phillips & Cohen Associates believes collecting on accounts associated with someone who is deceased can be complicated following significant regulatory changes made by the Federal Trade Commission earlier this year. So the firm’s experts are conducting a free Webinar titled, “Deceased Debt Collection: How the Recent FTC Ruling Impacts Your Collections Process.” The session is […] [Read More]

Has your dealership been held hostage by a social media assassin? You know the kind I’m talking about.  For one reason or another, they’ve had a negative experience with your store, and now they’re using social media to destroy your reputation. You lay awake at night wondering how things got so out of control. What is […] [Read More]