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Polk Appoints Kathleen Schroeder as Vice President, IS&S Production

SOUTHFIELD, Mich. – Kathleen Schroeder has been appointed vice president, information services and support (IS&S) production at Polk. In her new role, Schroeder will be responsible for U.S. production operations and will join the IS&S Leade
Jul 20, 2012
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Yahoo! Autos Selects Detroit Trading Company as Exclusive Technology Platform

Detroit Trading Company will also act as distributor to its extensive buyer network SUNNYVALE, California & DETROIT, Michigan — Detroit Trading Company has been selected to handle the vehicle inventory and lead operations for Yahoo! Autos, one
Jul 20, 2012
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Maryann Keller Joins Auction Direct USA Board of Directors

Key Automotive Industry Expert Joins Leading Used Car Sales Organization ROCHESTER, N.Y. — Auction Direct USA announces that Maryann Keller, managing partner of global auto industry advisory services, Maryann Keller & Associates, LLC has joined
Jul 20, 2012
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Rising Gas Prices Trigger a Bump in Values for Some Affordable Fuel-Sippers

According to Alec Gutierrez, Senior Market Analyst, Industry Insights at Kbb.com, for the first time since April, Kelley Blue Book has seen values increase on affordable small cars such as the Honda Fit, Smart fortwo, Suzuki SX4, Volkswagen Jetta TDI
Jul 20, 2012
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Blue Book Market Report: Used-Car Values Drop 2%

According to the  Blue Book Market Report – JULY 2012, Used-car values dropped more than 2 percent in June, the second consecutive monthly decline since values leveled off in early April. This month’s report includes: USED-CAR MARKET ANALYSIS Dr
Jul 20, 2012
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AutoNation Reports Used Vehicle Revenue Up in 2012

AutoNation Reports All-Time Record Quarterly EPS from Continuing Operations FORT LAUDERDALE, Fla. — AutoNation, Inc. (NYSE: AN), America’s largest automotive retailer, today reported 2012 second quarter adjusted net income from continuin
Jul 20, 2012
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Capital One Reports: Period-End Loans in Auto Finance Grew 7%

Both first and second quarter 2012 results were significantly impacted by acquisition accounting impacts and other items MCLEAN, Va. — Capital One Financial Corporation (NYSE: COF) today announced net income for the second quarter of 2012 of $9
Jul 20, 2012
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DealerTrack Announces Agreement to Acquire 1st Auto Transport Directory

Leading Network that Facilitates Vehicle Transportation for Dealers Added to DealerTrack’s Comprehensive Solution Set Lake Success, N.Y. ─ Expanding its range of solutions and services for the automotive retail industry, DealerTrack announced an
Jul 19, 2012
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Consumer Credit Default Rates Decreased for the Sixth Consecutive Month

New York the Only MSA Where the Default Rate Increased NEW YORK — Data through June 2012, released today by S&P Dow Jones Indices and Experian for the S&P/Experian Consumer Credit Default Indices, a comprehensive measure of changes in
Jul 19, 2012