CARY, N.C. — The recommendation deadline is fast approaching for what Auto Remarketing is planning for its July 15 edition. A special section will be highlighting "Who's Who in The Remarketing Industry: Banks, Captives, Finance, Credit Unions, Fleet, Lease, Rental and OEMs."  We invite industry professionals to nominate high achievers through this coming Wednesday. Executives considered […] [Read More]

TORRANCE, Calif. — As the automaker emerges from its recent challenges with safety recalls, Toyota Motor Sales USA has rolled out a new advertising campaign to get the word out about its Star Safety System that comes standard on its entire lineup of new vehicles. The five safety technologies included in this system, all of which […] [Read More]

IRVINE, Calif. — Autobytel said Wednesday that it has appointed a new executive vice president of product, marketing and analytics. Moving into the post is Jim Helberg, who comes aboard from PHD, where he was executive vice president. In that role, he headed the development and execution of Chrysler's media operations. For his new role […] [Read More]

CHICAGO — A pair of dealership management executives plan to share their success stories in raising online inventory visibility during the next DealerADvantage Live Webinar organized by Cars.com. The free workshop titled "Beyond Listings: Drive Sales with a Comprehensive Online Presence," is set to begin at noon EDT on Friday. Jack Simmons, a Cars.com dealer training manager, […] [Read More]

DETROIT — Chevrolet and USAA, a financial services provider for the military community, recently tabulated the discount total toward vehicle purchases they provided to troops and their families in 2009. All together, these companies distributed more than 21,000 discounts, compiling a total value of $24 million. Officials contend these figures compute into the industry's best military […] [Read More]

MANHATTAN BEACH, Calif. — TSi Auto Solutions, a business management solutions provider to automakers, dealer groups and others, this week announced an acquisition the company believes should increase its customer base by 30 percent. Executives revealed they have secured AutoSoft, a company based in Seattle that has been connected with four of the largest domestic automakers. […] [Read More]

BENTONVILLE, Ark. — In addition to announcing a new dealership in Tennessee, America's Car-Mart recently shared fourth quarter and fiscal full-year results. In some positive news, net income, revenue and sales are all up over the prior year, which has led the company to a growth plan. More specifically, retail unit sales were up 11.3 percent […] [Read More]

SOUTHFIELD, Mich. — Credit Acceptance Corp. announced Wednesday that it has extended the maturity of its credit facility with a commercial bank syndicate from June 23, 2011, to June 22, 2012. The amount of the facility remains unchanged at $150 million. The interest rate on borrowings under the facility has been changed from the prime rate […] [Read More]

TORRANCE, Calif. — In the midst of the third straight month of the industry's certified pre-owned sales showing year-over-year improvement, best-ever CPO numbers were achieved for the second consecutive time for one brand. During May — the final full month before Norm Olson, who is the sales operations manager for Toyota Certified Used Vehicles, was set to […] [Read More]

AUBURN HILLS, Mich. — On Wednesday, Chrysler Group officials enthusiastically shared specifics about their largest plant investment since emerging from bankruptcy and partnering with Fiat. A $300 million investment is under way at the company's existing transmission manufacturing facilities in order to build the automaker's new highly fuel-efficient eight-speed automatic transmission for future Chrysler vehicles. The funds are […] [Read More]