FREDERICK, Md. — On the advice of its counsel, the National Auto Auction Association has reversed course and said Wednesday that vehicles under manufacturer recalls should not be withheld from dealer-only sales at member auctions. "Based on the opinion of counsel, it is the position of the National Auto Auction Association that vehicles should not be […] [Read More]

DETROIT — U.S. automakers have used the recession to shed excess capacity, a move that puts them in a positive position for future profitability, according to Sudarshan Mhatre, senior analyst with PricewaterhouseCoopers' Autofacts and a featured presenter at the Automotive Economic Forecast and Financial Forum, which will be held May 10-11 in Chicago.  "As a […] [Read More]

CHERRY HILL, N.J. — In what appears to be another strong sign for the automaker, February sales for Subaru of America's Dallas region climbed 81 percent year-over-year, as the region posted its eighth straight record-breaking month. The Dallas region was tops in the country for Subaru and has improved its sales on a year-over-year basis for 10 straight months. […] [Read More]

SPOKANE, Wash. — Auction Pipeline recently announced a partnership with Ready Auto Transport that allows visitors to the AuctionPipeline online platform to determine a vehicle's transport costs prior to buying the unit. Customers can also use Ready Auto Transport to ship single vehicles or entire truckload to and from any ZIP code in the continental U.S. And these […] [Read More]

DALLAS — AutoRevo, a provider of dealer Web sites and ondemand software, recently launched the integration of Black Book Guide for AutoRevo Mobile. The application can help dealers manage their inventory via their iPhone. Officials explained that AutoRevo Mobile with Black Book values can allow dealers to complete several tasks, including: —View wholesale and retail Black Book […] [Read More]

MOUNT ARLINGTON, N.J. — The International Automotive Remarketers Alliance recently signed Manheim on to a four-year sponsorship agreement, under which the auction company will serve as the alliance's lead sponsor and support its professional development and grassroots campaigns. As part of the partnership, Manheim will offer guidance to IARA for program development. Moreover, Manheim executives will speak at a […] [Read More]

MONCKS CORNER, S.C. — Hundreds of dealers decided to celebrate Charleston Auto Auction's ninth anniversary recently. The operation enjoyed a record-breaking crowd of more than 650 dealers at its event last Friday. Dealers participated in a $1 million sweepstakes as well as drawings for $50,000 in cash and other prizes. Charleston AA also highlighted that 1,300 […] [Read More]

OAKLAND, Calif. — BarNone, a provider of special finance leads, recently launched a new per-lead national television advertising campaign; however, the company pointed out that it is compensated only for each applicant it drives to a dealer. BarNone explained how its campaign will operate to push credit-challenged consumers who need assistance in obtaining financing to qualified dealers in […] [Read More]

PHILADELPHIA — VINtek recently expanded the availability of its interactive, real-time tax, tag and title fee calculator. Previously only accessible by lenders, dealers and consumers now can use the tool through the launch of www.taxandtags.com. Previously, the company noted that this tool only could be used through VINtek's direct-to-consumer (D2C) lending platform. Officials explained that www.taxandtags.com […] [Read More]

WASHINGTON, D.C. — The National Automobile Dealers Association, along with other commercial lending executives representing four major banks, met with the Small Business Administration recently to discuss ways to make the SBA's dealer floor plan pilot program more effective. The association urged the SBA to make the pilot program permanent and to simplify it so it's […] [Read More]