Nissan Americas unveiled a few shifts in its senior leadership, filling two newly created vice president positions and announcing two other vice president appointments, as well. The company named Brad Thacker — vice president of business transformation and corporate services — to serve in the role of vice president of Total Customer Satisfaction. [Read More]

More than 80 Dallas-Fort Worth area dealerships have joined into a negotiating website meant to connect them with shoppers ready to buy. Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; […] [Read More]

After strong success rates in prior years, Cars.com will mark its fourth straight year of running Super Bowl advertisements on Sunday. The site’s two 30-second commercials will delve into the expert and consumer reviews provided by Cars.com. The first ad — titled “Go First” — will run during the third quarter of the game and uses […] [Read More]

DEARBORN, Mich. — Like its parent, Ford Credit posted a sizable net income gain in 2010. Company officials indicated net income last year came in at $2 billion, an improvement of $0.7 billion from Ford Credit's earnings of $1.3 billion a year earlier. On a pre-tax basis, Ford Credit earned $3.1 billion in 2010, compared […] [Read More]

BATON ROUGE, La. — A lender that provides boat, RV and motorcycle loans for customers with past credit problems recently joined Wolters Kluwer Financial Services' AppOne platform. Officials explained Merrick Bank works closely with dealers to help them retain valuable customers who have blemishes on their past credit history that may preclude traditional financing. They […] [Read More]

NEW YORK — Ally Financial's chief executive officer described 2010 as a "transformative" year for the company. And one of its key business segments, Global Automotive Services, showed significant growth in preliminary fourth-quarter and full-year originations in the U.S. and throughout the globe. Across all business segments, Ally reported full-year net income of $1.1 billion, compared […] [Read More]

LOS ANGELES — Thank you for helping to make Westlake recognized across the industry as a financial leader. We are thankful for your business and helping us grow! We are financially strong and ready to aid you in selling more vehicles and we are now the largest privately owned auto finance company in the nation.  For over 20 […] [Read More]

Celebrating the rollout of El Paso Independent Auto Auction — which will host its first-ever sale tomorrow — the ServNet Auction Group has hit a new milestone for the number of facilities in its network. Thanks to the additions of EPI and Sparkling City Auto Auction of San Antonio — which hosted its inaugural sale […] [Read More]

The American Recovery Association recently revealed a former AmeriCredit executive will present the keynote address during the third annual North American Repossessors Summit. Tapped to speak to the gathering of auto lenders and recovery professionals is Mark Floyd, who now is the chief executive officer and vice chairman of Exeter Finance. ARA explained Floyd intends […] [Read More]

A dealer who generally purchases numerous repossessed vehicles in the auction lanes has been witnessing a downswing in these volumes and asked  Manheim’s Tom Webb to explain the what is going on with these volumes. Normal 0 false false [Read More]