A college football scandal involving a car salesman that has undoubtedly led to gray hairs and scarlet faces across the Buckeye Nation appears to have made a bit of a U-turn. It was reported in The Columbus Dispatch last week that Aaron Kniffin, a car salesman formerly with Jack Maxton Chevrolet in Columbus, Ohio, sold […] [Read More]

ResponseLogix announced Wednesday that the company plans to launch efforts to help its Japanese-affiliated U.S. auto dealerships recover and cope with inventory shortages due to the Japan earthquake and tsunami that hit on March 11. ResponseLogix, a provider of auto digital response management software for Internet leads, has decided to reduce pricing for its products […] [Read More]

ALEXANDRIA, Va. — Perhaps showing that more consumers are in better financial shape, the American Bankruptcy Institute said fewer consumers filed for bankruptcy in the first quarter. Officials found the total number of U.S. bankruptcy cases filed during the first three months of 2011 decreased 6 percent against the same period in 2010. According to data released by […] [Read More]

HANOVER, Md. — Organizers of the National Automotive Finance Association's 15th Annual Below-Prime Auto Financing Conference revealed who will give the event's keynote address. The NAF Association tapped Dale Pollak, vAuto's founder. Pollak will make his presentation during the conference that's set for June 1 to 3 at the Omni Fort Worth Hotel. Conference managers […] [Read More]

CLEARWATER, Fla. — Fueled by strengthening revenue, Nicholas Financial finished its 2011 fiscal year by extending its string of record net earnings, figures that included quarter-over-quarter and year-over-year gains of more than 45 percent. Company officials revealed that for the quarter that ended March 31, their net earnings increased 46 percent to $4,772,000 as compared […] [Read More]

SAN DIEGO — After a year of testing and development, LEAP Auto Loans revealed a new program that allows the company to work with lenders to mitigate their losses on defaulted auto loans and allow consumers to keep their vehicles. LEAP has launched a new leasing program that caters to consumers facing repossession or bankruptcy.  "While […] [Read More]

Following a move from its old site in Avoca, Pa., GWC Warranty recently showed off its new corporate headquarters in Wilkes-Barre, Pa., during a ribbon-cutting ceremony attended by state and local officials, project developers and company employees. The 16,500-square-foot facility includes 60 open office workstations and 12 private offices. It features a reception lobby, boardroom and […] [Read More]

Depending on which financial or performance metric you consider; Toyota Motor Corp. either had a steady 2011 fiscal year or a challenging one. The automaker revealed Wednesday that on a consolidated basis, net revenues for the fiscal year totaled 18.993 trillion yen, an increase of 0.2 percent compared to the previous fiscal year. Toyota computed […] [Read More]

As other automakers catch up to Ford’s SYNC technology, the company has been turning its sights to what could be the next big offering in vehicle technology. And according to Ford, Google could play a central role.   The OEM now is using Google to search for ways to expand vehicles’ high-tech capability. [Read More]

Volkswagen welcomed a new general manager of its pre-owned operations this week, bringing in a senior director from J.D. Power and Associates whose immersion in the car business goes back to his youth. Now heading up the pre-owned side of VW is Scott Weitzman, who talked with Auto Remarketing on Tuesday to share some perspective about his […] [Read More]