IRVINE, Calif. — Consumer Portfolio Services, Inc. (“CPS”) announced that today it purchased a $237 million portfolio of performing automobile receivables from Fireside Bank, a wholly owned subsidiary of Kemper Corporation (form

RALEIGH-DURHAM, NORTH CAROLINA – Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer, broke ground on its new 107±-acre permanent auction site in Butner, North Carolina (Granville County) just north of Raleigh-Durham yesterday (

CHARLOTTE, NC  — Warranty Direct, a leading provider of extended vehicle service contracts, has announced expanded coverage for its major policies at no additional cost, in response to customer requests. “We are increasing the coverage for o

Even as the United States began to emerge from recession in 2010, many economists were wary. With a tepid recovery at best, many economists warned that the United States could be headed for a double-dip recession. This summer’s debt ceiling debate,

ATLANTA – OVE.com – the leading 24/7 bid or buy now wholesale vehicle marketplace – brought independent auctions together again this year for its second annual summit.  During the summit, attendees learned how to take advantage of OVE.com to

How can you bring more customers into the showroom? One automaker thinks the answer to bringing more awareness to its new vehicles is an app for the Apple iPhone and iPad. A story from Mobile Marketer.com, said Volkswagen has a new app for the iPhone

PORTLAND, Ore. – DealerMine Corporation, provider of the obsolescence management service for auto dealers, announces it helped Hendrick Honda of Charlotte, NC reduce its investment in idle parts inventory and save over $125,000 dollars on new parts

At Bass Sox Mercer, we are receiving more and more calls from dealer clients concerning manufacturer advertising programs. The questions range from asking whether a manufacturer can set minimum advertising prices, to whether a manufacturer can enforc

San Diego — LEAP Financial, an auto leasing company that helps consumers who have difficulty obtaining credit either keep their vehicle or get a different one, is expanding its management team to keep pace with rapid growth. New members of the