In recent weeks, the Deep South has been hit by the two-fisted fury of devastating tornadoes that have ripped apart places like Tuscaloosa, Ala., and rising floodwaters from the Mississippi River that have sunk towns along the Delta, leaving many injured, dead or homeless in their path. Disasters such as these touch almost every aspect […] [Read More]

Auto Remarketing learned on Wednesday that Cadillac has revamped and relaunched its certified pre-owned program. Cadillac said it’s relaunching the program to boost the resale value of the models and provide “added confidence to customers seeking a used luxury automobile.” Cadillac’s enhanced CPO program being rolled out this spring includes a more robust vehicle inspection system, a six-year, 100,000-mile limited warranty, 24-hour […] [Read More]

I have been invoking the inimitable Yogi Berra a lot recently; in particular, his observation about a restaurant that was so busy that no one ever went there. Perhaps unwittingly, Yogi highlighted one of the effects that makes auto sales forecasting tricky these days. It is that people modify their actions based on what they […] [Read More]

Fueled in part by the growing amount of vehicle remarketing done on the Web, Alliance Inspection Management recently passed a historic milestone — exceeding 35 million inspections. The company that provides detailed vehicle condition reports for manufacturers, dealers, captive finance companies, auctions, transportation companies and consumers, highlighted the 35 million inspections were conducted during the past […] [Read More]

Chrysler thinks its city’s connection to football, fashion and hip-hop music can further enhance the success of its ongoing marketing campaign, “Imported from Detroit.” The automaker announced Wednesday the campaign for the all-new 2011 Chrysler 300 continues the "Imported from Detroit" messaging featured in the Chrysler 200 Super Bowl commercial and takes it to a “new […] [Read More]

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]