WARREN, Mich. — The leadership of Asset Acceptance Capital Corp., a purchaser and collector of charged-off consumer debt, recently detailed how it was encouraged by the progress made in becoming more efficient and increasing purchasing, also noting that the company made strides in certain areas of its first-quarter performance. Company executives recently reported Asset Acceptance's net income for the quarter […] [Read More]

AUBURN HILLS, Mich. — Auto Credit Express has teamed up with United Credit Education Services to roll out a new Web site, FutureCreditScore.com, and offer its clients credit rebuilding services. Thanks to this partnership, AutoCreditExpress customers now have a way to challenge inaccurate, erroneous and outdated information that could be affecting their credit reports.   "Our 15-plus […] [Read More]

WASHINGTON, D.C. — The National Automobile Dealers Association repeated its petition late Tuesday for its membership to reach out to members of the U.S. Senate. The plea comes as crucial legislation that some argue would significantly impact dealer-assisted financing and more is about to be put to a vote sometime this week, with some expecting the vote to come […] [Read More]

CHICAGO — Cars.com is gathering a panel of experts and dealer executives for its next free DealerADvantage Live Webinar. The event, titled "The Price is Right," will share discuss tactics and tools dealers can use to price and stock their inventory competitively. It is set for noon (EST) on Friday. The list of Webinar presenters includes Pat […] [Read More]

WALTHAM, Mass. — IMN, which publishes the Loyalty Driver electronic communication service for dealers, has named a new director of OEM programs. Joining the company is David Rose, who has over 30 years' experience in the industry, including 23 years with BMW of North America. In his new role, Rose's duties include helping the automakers get […] [Read More]

SOUTH AMBOY, N.J. — With May being National Youth Traffic Safety Month, DCH Auto Group is putting a major emphasis this month on helping to keep teen drivers safe on the roads. It is providing free vehicle safety inspections in May for any vehicle driven by a teenager, and is also offering a series of driving […] [Read More]

RALEIGH, N.C. — Chris Leith Performance Car & Truck Division is hosting an event this weekend at the 2010 Raleigh Classic Car Auction where auto enthusiasts can meet legendary former racing driver Steve Saleen, who is the founder and former vice chairman of Saleen Inc. Until 2009, Saleen Inc. manufactured such specialty vehicles as the highly […] [Read More]

AUBURN HLLS, Mich. — An initial public offering evidently is on the radar of top Chrysler executives. Chief executive officer Sergio Marchionne described the company as having a "strengthening base" for one, but stopped short of giving a specific date when a capital-raising event might occur. During a conference call earlier this week, Marchionne was asked about […] [Read More]

CARY, N.C. — Dealers have seen tight wholesale inventory and rising prices for months. How does management ensure the right vehicles are on the lot at the right price? The Pre-Owned Automobile Dealers Alliance is looking to help dealers answer those questions before going to auction. A free Webinar to provide some answers to this question and […] [Read More]

WASHINGTON, D.C. — In the latest chapter of the automaker's recall-related challenges, the National Highway Traffic Safety Administration is now investigating how Toyota handled a steering relay rod recall back in the mid-2000s. Basically, NHTSA is seeking to find out if Toyota Motor Corp. brought the matter to the attention of proper authorities within the mandatory […] [Read More]