SANTA MONICA, Calif. — As shoppers gradually move back into the market, one segment, in particular, that has gained what some may consider to be surprising ground is the midsize sedan category, according to Edmunds.com Pushed to some degree by attractive new releases, midsize cars command 17.8 percent of the U.S. market right now, and have […] [Read More]

IRVINE, Calif. — Foreign automakers dominated the list of the 2010 Top 10 Coolest New Cars Under $18,000 compiled by Kelley Blue Book editors. However, the top overall choice went to a domestic manufacturer. Which model received this nod? The 2011 Ford Fiesta. The rest of the list had two units from Honda, and one each […] [Read More]

FRANKLIN, Tenn. — Nissan North America recently shifted an executive from within its Infiniti brand over to serve as vice president of marketing for its Nissan division. Taking on the role effective immediately is Jon Brancheau. Most recently, the automaker highlighted Brancheau was director of global Infiniti marketing communications and media. In the position, he was […] [Read More]

CARY, N.C. — SubPrime Auto Finance News is putting out the call for nominations of top subprime movers and shakers. Nominations can include auto finance executives, including those of non-prime companies, special finance and buy-here, pay-here dealers, as well as other executives who work in the non-prime auto financing sector. The publication is planning this special feature […] [Read More]

BROOKFIELD, Wis. — Earlier this week, Fiserv unveiled several enhancements to its Automotive Loan Origination System (LOS). Executives believe the modification can provide auto lenders with the flexibility to meet variable technology and market requirements. Some of the best-practice technologies now incorporated in the new version of the Automotive LOS highlighted by Fiserv include: —Configurability intended […] [Read More]

CHICAGO — The overall outlook of economists at the recent Automotive Economic Forecast and Financial Forum was positive — they all believe the economy is on the road to recovery — but they all also recognize that road will be a slow uphill climb. The event, sponsored by Experian Automotive, was held in early May at the Chicago Marriott […] [Read More]

CHICAGO — Mirroring positive trends from the latest S&P/Experian Consumer Credit Default Indices, officials from TransUnion on Tuesday noted a sharp decline in the national 60-day auto delinquency rate. The TransUnion rate — which calculates the ratio of vehicle loan borrowers 60 or more days past due — fell by 18.52 percent between the fourth quarter of 2009 […] [Read More]

CITRUS HEIGHTS, Calif. — Do you hear the alarm bells ringing in credit union board rooms across the nation? As deficiency balances increase, credit unions are searching for better ways to dispose of their inventories quickly and at the highest possible net return. "Credit Unions are trying all sorts of creative ways to get the most […] [Read More]

NEW YORK — Mayor Michael Bloomberg and the city's department of consumer affairs recently announced new debt collection regulations that govern all industry segments, including recovery agents. According to the new regulations that cover all five of the city's boroughs, collection and recovery agents now must provide proof the debt is owed at the consumer's request. City […] [Read More]

CARY, N.C. — It has become an annual tradition for Auto Remarketing to encourage our readers to recognize and nominate some of the top leading ladies of our industry.  While responsibilities and companies represented vary, this year's ladies have one thing in common — they stand out for their dedication to excellence and their commitment to furthering […] [Read More]