Two of ADESA’s auctions in the Western U.S. have gained new general managers, the company revealed Wednesday afternoon. Appointed to be the new GM at ADESA Las Vegas is Theo Jelks, who held that same role at ADESA Los Angeles since 2009. The new GM for ADESA Los Angeles is Chad Ruffin, whose time with the […] [Read More]

Dealers who want free strategy recommendations on how to navigate the fourth quarter can get them from Ricky Beggs and Tom Webb as a part of the upcoming Webinar from the Pre-Owned Automobile Dealers Alliance. The next session of Pre-Owned LIVE is scheduled for next Thursday beginning at 2 p.m. ET. The Webinar titled, “Used […] [Read More]

Ford recently revealed it is enhancing its voice-controlled connectivity system SYNC by offering a new service that allows users to connect with a live person. The feature — Operator Assist — which was previously in beta test trial phase, is now available as a standard feature of SYNC and increases the OEM’s cloud-based drive assistance […] [Read More]

In the first good news Saab has received in quite a while, Swedish Automobile N.V. revealed Wednesday it received approval for a reorganization that aims to secure short-term stability while the automaker searches for additional, consistent funding. Swedish Automobile and Saab Automobile announced they received approval from the Court of Appeal in Gothenburg, Sweden for […] [Read More]

The Indiana Independent Automobile Dealers Association recently named its 2011 winner of the Joe Krier Quality Dealer of the Year. Garnering the accolade this year was Shaver Preferred Motors of Merrillville, Ind. The association gave the honor to Michael Shaver Sr. at its annual golf outing and awards day on Sept. 11 at Ironwood Golf […] [Read More]

Thanks to a ruling on Tuesday by the Federal Reserve Board, dealers — just like lenders — will have a little more breathing room to get their ducks in a row for the data collection requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Fed amended Regulation B on Tuesday, meaning that […] [Read More]

TAMPA, Fla., and INDEPENDENCE, Mo. — J.D. Byrider revealed this week car shoppers looking for buy-here, pay-here dealerships in both Florida and Missouri will now have more options to choose from. With the opening of two new locations, one in Tampa, Fla., and one in Independence, Mo.; the chain now boasts 134 locations in 30 […] [Read More]

BANDON, Ore. — CNW Research reported today that the average FICO score for used buyers came in at 622.17 in the opening weeks of September. Meanwhile, on the new-car side, the company said the average FICO score was 691.37. Discussing the trend on the used-car side, Art Spinella, CNW president, said, "And again, the cause can […] [Read More]

WOODCLIFF LAKE, N.J. — BMW Financial Services announced this week its customers will now have the ability to manage their accounts via their smartphones. After a secure log-in, captive finance customers can now make payment or obtain a payoff quote, as well as view recent activity and payment history — all from their phones. The […] [Read More]

CHERRY HILL, N.J. — Steady growth of acquisition and buy-here, pay-here portfolios pushed Pelican Resource Group to launch new bulk and point of sales purchase programs as well as the rollout of a national expansion and a new West Coast servicing center. "The company has been very successful in the Mid-Atlantic states and is continuing […] [Read More]