FORT WORTH, Texas — AmeriCredit recently unveiled the second-quarter winners in its 2010 Auction of Excellence program. Receiving honors were the following locations: —Grand Rapids Auto Auction, Midwest Region. —Mountain State Auto Auction, Northeast Region. —Rawls Auto Auction, Southeast Region. —ADESA Austin, Southwest Region. —ADESA San Diego, West Coast Region. "I want to congratulate AmeriCredit's second […] [Read More]

SAN FRANCISCO — Usually, revamped or new models are unveiled at auto shows and industry events, but Ford went against the grain recently for one of its vehicles and it paid off in the form of major online traction, according to Jumpstart Automotive Group. The 2011 model-year Ford Explorer was introduced via Facebook on July 26, […] [Read More]

CARMEL, Ind. — Hertz Corp. and Dealer Services Corp. of Indiana announced Monday a new partnership designed to benefit DSC customers by offering another avenue to purchase inventory. Through the partnership DSC customers will have the opportunity to purchase wholesale vehicles directly from Hertz's national fleet of cars, trucks and SUVs by contacting their local sales […] [Read More]

ATLANTA — As National Auto Auction Week rolls on through Friday, officials from Manheim stressed that this year's special week carries extra meaning for the company. The reason: company employees also are celebrating Manheim's 65th anniversary. As a result, each of Manheim's 81 locations within North America will participate in National Auto Auction Week, an endeavor sponsored by […] [Read More]

BELDEN, Miss. — Gov. Haley Barbour and officials from Toyota Motor Manufacturing Mississippi declared they have overcome significant economic obstacles to share some positive developments about the plant rising in the northern part of the state. After recessionary conditions stalled the process, the company recently resumed the hiring of more workers at its Blue Springs, Miss., […] [Read More]

BROOKFIELD, Wis. — Fiserv and DriveTime recently expanded their partnership so that now instead of just having the ability to pay at a dealership location and online or via phone, customers can now also pay their auto loan bills at more than 20,000 CheckFreePay agent locations, which includes supermarkets, retailers, drugstores and convenience stores. Through this new […] [Read More]

CINCINNATI — OneCommand recently rolled out a new tool it's calling Equity Scoring, a product designed to help dealerships identify the current equity position of both finance and cash customers. Geared to reach potential buyers most likely to be ready and able to purchase, OneCommand believes Equity Scoring can place dealers into a unique position. The […] [Read More]

BENTONVILLE, Ark. — William "Hank" Henderson, America's Car-Mart president and chief executive officer, said late last week  that management is continuing its growth strategy and credits repeat customers as a large factor in the company's solid financial performance. Henderson indicated that the company's 100th store will open very soon, with six to eight more new locations […] [Read More]

BANDON, Ore. — Back in 2005, 91 percent of male and 93 percent of female teens received their first vehicle choice. However, in 2010, this is no longer the case. According to CNW Research, this figure dropped to 76 percent and 55 percent, respectively. "Quite clearly from the data there is a distinct move to putting […] [Read More]

RALEIGH, N.C. — Finance companies are working quickly to adapt to new challenges resulting from the rapid economic changes that the industry has experienced over the past several months. Recent announcements by several in the remarketing community suggest that a change is in the air, specifically on how we remarket assets today and into the foreseeable […] [Read More]