CARY, N.C. — Dealers in Orlando and Tampa are gearing up to be a part of the Pre-Owned Road Shows, free events that will provide dealers with the latest information, tools and skills for selling more pre-owned units and profiting more in their pre-owned operations.  These special training events, sponsored by the Pre-Owned Auto Dealers Alliance, […] [Read More]

TORRANCE, Calif. — In a statement Monday, Toyota said it is now shipping parts to dealers to reinforce pedals and that dealer training is underway. To fix the eight affected models as quickly as possible, many dealers will work extended hours, with some even staying open 24 hours a day, the automaker said. Automaker officials are […] [Read More]

AUBURN HILLS, Mich. — Chrysler Group positioned new incentives to take advantage of consumer apprehension about Toyota vehicles involved in recalls and sales suspensions. Specifically, Chrysler is offering current Tundra, Tacoma and Sienna owners an additional $1,000 trade-in bonus cash with the purchase or lease of any new Chrysler, Jeep, Dodge car or Ram truck. Furthermore, […] [Read More]

WESTCHESTER, Ill. — Insurance Auto Auctions recently broadened its footprint in the Midwest. The company opened its newest location in Portage, Wis. IAA now has 20 facilities spread throughout this region. Officials explained the newest location in Portage can provide salvage remarketing services, storage and sale capacity to both buying and selling customers.  Executives said they decided […] [Read More]

ATLANTA — Total Resource Auctions recently expanded its network to 72 locations nationwide. The latest one to come on board is Total Resource Auctions New Jersey in Bordentown, N.J.  This latest facility will share its location with Manheim New Jersey. Greg Fodor has been named manager of Total Resources Auctions New Jersey. Officials indicated that the […] [Read More]

McLEAN, Va. — Auto industry entities are continuing to push initiatives intended to provide aid to earthquake-ravaged Haiti, including a new project endorsed by the National Automobile Dealers Association. The program, dubbed "100 Trucks for Haiti," already has the support of NADA and Starling Chevrolet in St. Cloud, Fla., as a way to benefit the Clinton-Bush […] [Read More]

HANOVER, Md. — Hudson Cook, CounselorLibrary.com and Auto Advisory Services will be hosting a special auto financing workshop next month in Orange County, Calif., that will touch on a variety of legal issues within the industry. As some may know, all of these companies provide legal compliance services for the financial services industry. During the half-day program — which will […] [Read More]

ALEXANDRIA, Va. — Though consumer bankruptcies in January fell 10 percent from the previous month, this isn't necessarily indicative of things to come. In fact, the American Bankruptcy Institute suggested Tuesday that various economic pressures could push bankruptcies this year past their 2009 levels. "While January represented a drop in filings from the previous month, high unemployment […] [Read More]

CARY, N.C. — SubPrime Auto Finance News announced this morning that today is the last day to submit nominations for the second annual listing of the top 75 subprime companies in the March/April edition. Please move quickly, as nominations will close end-of-day today. "We are looking for companies that stand out from the pack in making […] [Read More]

FARMINGTON HILLS, Mich. — RouteOne has launched a new online lead and credit application tool for dealers that can help them manage and track customer leads, help make their online marketing activities more effective, and extend the reach of finance departments to their consumer Web sites. Subscribing dealers can now access WebApplyOne, which is designed to be a […] [Read More]