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Passtime and Peritus Portfolio Services Form Strategic Alliance

Southlake, Texas– Peritus Portfolio Services, a leading purchaser of open bankruptcy auto secured paper from Auto dealers, Finance companies, Banks, and Credit Unions throughout the United States, recently announced an alliance with PassTime, a
Jan 19, 2012

Group 1 Automotive Acquires Volkswagen Dealership In San Antonio, Texas

HOUSTON — Group 1 Automotive, Inc., a Fortune 500 automotive retailer, this week announced the acquisition of Rod East Volkswagen in San Antonio, Texas. The dealership will be renamed Volkswagen of Alamo Heights and is expected to generate $48
Jan 19, 2012

Southside Financial Group Changes Name to SFG Finance

Arlington, Texas — Southside Financial Group, an active purchaser of auto finance receivables, today announced the company is changing its name from Southside Financial Group to its most commonly used moniker, SFG Finance, effective immediate
Jan 18, 2012

DingIT Releases iPhone App for Auto Body Shop Estimates

Los Angeles, CA — A new iPhone application allowing car owners to receive online estimates for auto body shop has been released by DingIT.com. The new DingIT application allows the user to submit a request for estimates from nearby body shops b
Jan 16, 2012

Chrysler Recalls Small Number of Vehicles

Chrysler Group LLC is recalling a little over 300 vehicles to fix a problem with the tire pressure monitoring system, according to The National Highway Traffic Safety Administration’s website. The website said the recall includes the 2012 model yea
Jan 16, 2012

88,000 MINI Vehicles Recalled

According to The National Highway Traffic Safety Administration’s website, BMW of North America, LLC is recalling 88,911 MINI vehicles. The website said the electronic circuit board for the water pump that cools the turbocharger could overheat and
Jan 16, 2012

Winter Weather Keeps Body Shops Busy

It is January and most of the country is dealing with winter weather driving conditions. According to WLNS.com News Channel 6, out of Michigan, local body shops are keeping busy with winter weather related work. One auto body shop said they are deali
Jan 16, 2012

AutoLiquidator.com Provides Ford Truck Buyers an Alternative to Large Sticker Prices

AUBURN HILLS, Mich. — Paying full price for new Ford trucks is a thing of the past according to one automotive website. It does not take much research to prove that consumers like to shop. Likewise, it doesn’t take much to prove that cons
Jan 13, 2012

Equifax: U.S. Consumers Doing Better at Paying Retail and Bank Credit Card Bills

ATLANTA — U.S. consumers continue to make timely payments and pay down their retail credit card and bank card balances, resulting in a significant reduction in the number of card write-offs over 2010 levels, according to Equifax’s lates
Jan 13, 2012