Sunday, June 18, 2006 - 8:00pm

TORONTO (June 19, 2006) -- GMAC recently took first place in dealer satisfaction in retail leasing and floor planning, while BMW Financial Services grabbed the top rank in retail credit for the second consecutive year, according to J.D. Power and Associates 2006 Canadian Dealer Financing Satisfaction Study. To compile the... Read More

Thursday, June 15, 2006 - 8:00pm

FORT WORTH, Texas (June 16, 2006) -- AmeriCredit Corp. recently announced the recipients of its Auction of Excellence program for the first quarter. Winners include: Midwest: ADESA's Des Moines Auto Auction in Grimes, Iowa Northeast: Harrisburg Auto Auction in Mechanicsburg, Pa. Southeast: Manheim's Greater Tampa Bay... Read More

Thursday, June 15, 2006 - 8:00pm

HANOVER, Md. (June 16, 2006) -- More than 300 attendees, sponsors and exhibitors recently turned out for the National Automotive Finance Association's 10th Annual Non-Prime Auto Finance Conference in Fort Worth, Texas. In his opening remarks, NAF Association Chairman John Scordo, of Centrix Financial, highlighted the fact... Read More

Thursday, June 15, 2006 - 8:00pm

LAS VEGAS -- The best odds in the house last month at the Las Vegas Hilton were not at the craps or blackjack tables; the best odds for the nearly 1,500 dealers from throughout the country were at the National Buy-Here, Pay-Here Conference. In those rooms where the talk was on the buying and selling and financing of used... Read More

Thursday, June 15, 2006 - 8:00pm

LAKE SUCCESS, N.Y. — DealerTrack announced its net income for the first quarter reached $3.4 million, up 66 percent from $2.1 million posted in the same period of 2005. Company executives highlighted the fact that their transaction volume in the subprime area was particularly strong. Executives noted that their net income... Read More

Thursday, June 15, 2006 - 8:00pm

RICHMOND, Va. -- CarMax announced that Thomas Folliard, current executive vice president of store operations, has been elected president, chief executive officer and member of the board of directors. Folliard succeeds Austin Ligon, who is retiring. Executives said Folliard, 41, was a key part of the team that developed and... Read More

Thursday, June 15, 2006 - 8:00pm

FORT WORTH, Texas -- AmeriCredit announced it has funded its first Canadian auto loan and is working to re-establish itself as a competitor in the Canadian auto-lending market. In order to renew its lending business in the country, AmeriCredit said it established a new office for AmeriCredit Financial Services of Canada in... Read More

Wednesday, June 14, 2006 - 8:00pm

BENTONVILLE, Ark. (June 15, 2006) -- America's Car-Mart recently announced the opening of its newest dealership in Sedalia, Mo. This new location marks the second dealership opening since the company's current fiscal year began on May 1. The company also said it has relocated and expanded its existing Lawton, Okla.,... Read More