Despite some mixed results for foreign nameplates, the American International Automobile Dealers Association declared March as another successful month for the recovering U.S. market. AIADA pointed out new-vehicle sales of both international and domestic models exceeded many analysts’ predictions, finishing the month up 16.9 percent from March of last year. The association indicated some of […] [Read More]

Subaru of America was recently honored with the Silver Award at the 2011 Advertising Research Foundation David Ogilvy Awards for Excellence in Advertising. The awards, named after advertising legend David Ogilvy, are given to companies that produce research-driven, successful ad campaigns, officials explained. Subaru won for the "Subaru Love Campaign," which celebrates the legendary love […] [Read More]

BENTONVILLE, Ark. — America's Car-Mart said Monday that it has expanded its footprint in Alabama. The group of dealerships has added a location in Prattville, Ala., which marks the eighth dealership in the state and the 106th overall. "As we have previously discussed, we have tremendous opportunities in Alabama. We've opened three new dealerships in the state this […] [Read More]

WASHINGTON, D.C. — The American Financial Services Association announced that several of its staff members will attend the first Federal Trade Commission roundtable on the Dodd-Frank Wall Street Reform and Consumer Protection Act in Detroit. The meeting will be held on April 12 to explore consumer protection issues about vehicle sales and leasing. "The roundtables will […] [Read More]

WOODCLIFF LAKE, N.J. —  BMW Financial Services management believes that by removing the desk from the equation and taking specific financing elements directly to the consumer and the car, customers can reap the benefits of accuracy, immediacy and a comfortable interaction within the finance process, all at the same time. After earning a significant CSI advantage, achieved […] [Read More]

OVERLAND PARK, Kan. — NCM Associates announced that it will be a major sponsor of next month's NABD 2011 Conference and NABD Dealer Academy in Las Vegas. The conference — which is put on by the National Alliance of Buy-Here Pay-Here Dealers — will be held May 18 through May 20. It follows the NABD Dealer Academy, which […] [Read More]

With ACA International questioning how officials arrived at these figures, the Federal Trade Commission recently submitted its Congressional report summarizing activities to administer the Fair Debt Collection Practices Act. The FTC discovered the total number of consumer complaints associated with debt collection rose from 119,609 in 2009 to 140,036 last year. As a percentage of […] [Read More]

Southern Auto Auction recently announced it is the recipient of three prestigious industry awards in recognition for its performance in 2010. These distinctions include: —2010 ARI Northeastern Region Auction of the Year —2010 Capital One Auction of the Year: Northeast Region —2010 Avis Budget Group Most Improved Auction Larry Tribble, auction owner, credits these awards […] [Read More]

Recovery agents are not the only ones suffering from high fuel prices. Auctions, transportation providers and their clients are focused on ways to reduce transportation time and cost. Determining the exact location of a repossessed vehicle and when it will be ready for pick-up is a major opportunity for efficiency gains, and all parties will […] [Read More]

On Friday, KAR Auction Services announced the purchase of AuctionTrac, a company that specializes in offering satellite-based GPS technology for vehicle tracking. “This acquisition allows us to overcome what has been a long-standing obstacle in the auto remarketing industry, an efficient and reliable method for locating and tracking vehicles,” explained David Vignes, executive vice president of enterprise […] [Read More]