CARMEL, Ind. — ADESA Boston management revealed it will be hosting a specialty sale of heavy duty trucks and equipment that's open to both dealers and the general public. The sale begins at 1 p.m. ET on Aug. 3. "We've had a lot of success and interest from buyers regarding our monthly Friday dealer consignment sale of […] [Read More]

WILMINGTON, Del. — Auto Equity Loans, a provider a short-term loans based on "clear and free" auto loan titles, announced it is opening three new offices in Wilmington, Bear and Newark, Del. "Banks have shut their doors to consumers who need short-term loans," said David Levi, a spokesperson for Auto Equity Loans. "We have an open-door […] [Read More]

HANOVER, Md. — How will the new Consumer Protection Agency impact non-prime auto financing? That's what the National Auto Finance Association is seeking answers for in its upcoming Webinar slated for 12:30 p.m. ET on Wednesday. Basically, the association will be updating members and Webinar attendees on the ramifications of the proposed Wall Street Reform and […] [Read More]

MINNEAPOLIS — Wolters Kluwer Financial Services announced this week that its Fair Lending Wiz software now includes an ethnicity proxy functionality. Management explained the enhancement can allow financial institutions to make a determination of whether a loan applicant is Hispanic when this race information is not available in the loan file. Wolters Kluwer noted the complete […] [Read More]

CLEARWATER, Fla. — Nicholas Financial announced Wednesday that it has opened two new branch offices. The new facilities are in Morrow, Ga., and Fort Wayne, Ind. The office in Morrow is Nicholas Financial's fifth branch in the greater Atlanta metropolitan area, while the Fort Wayne location is the company's third office in Indiana. The two new […] [Read More]

DETROIT — AOL Autos conducted its own analysis of certified pre-owned vehicles currently available from the 2005 through 2007 model years and came up with 10 recommendations. The listing consisted of a myriad of brands, including two that have been discontinued by General Motors — Saturn and Pontiac — as well as a few high-end nameplates such as Jaguar, […] [Read More]

IRVINE, Calif. — In light of the 2011 model year kicking off, Kelley Blue Book's Kbb.com recently released a list of the new models that have the best chances of enticing shoppers. Kbb.com said the 2011 class of new models is comprised of vehicles that "break new design ground" but also consist of revamped versions of […] [Read More]

PHOENIX — ClassicCars.com rolled out a new online listing campaign for dealers who want to push their pre-1990 inventory in the U.S. and elsewhere around the world. Site officials explained four elements of the ClassicCars.com Dealer Plan: —Unlimited inventory listings. —50 photos per vehicle listing. —One video clip per vehicle. —Link to dealer websites. —24/7 inventory management with […] [Read More]

AUBURN HILLS, Mich. — In a hands-on approach to promote and generate interest in its vehicles, Jeep is hosting a "Jeep Rocks & Road Tour" across the U.S. where consumers can take any vehicle in the brand's lineup for a spin, including the 2011 Jeep Grand Cherokee and the Jeep Wrangler. The tour will visit air […] [Read More]

MARGATE, Fla. — JM Lexus, which touts itself as the brand's No. 1 volume dealership in the world, launched a new promotion Wednesday to drive traffic through its social media accounts on Facebook and Twitter. Participants who register through the dealership's pages on these sites can win two Muvico movie tickets. Store management dubbed the campaign […] [Read More]