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Remarketer Merger: American Recovery Assn., National Finance Adjusters Pair Up to Assist Lenders

In a report from Automotive News, coverage of the American Recovery Association and National Finance Adjusters’ company merger declares a more open future for lenders, predicted to speed flow of information and access between clients and agent
Feb 27, 2013

Colors On Parade Expands Services:

New York Franchisee Manages Reconditioning Work for Dealerships (Hartsdale, N.Y.)—Mark Mega and David Lee have owned Colors on Parade of the Tri-State area since 1996. After working with the same automotive dealerships for 15 years, they have added
Feb 26, 2013

Ally Bank Wins Two 2013 Stevie® Awards for Sales & Customer Service(SM)

Ally honored at the seventh annual competition with Award for Innovation in Customer Service – Banking, Financial Services & Insurance, and the e-Commerce Customer Service Award. MIDVALE, Utah — Ally Bank has won two awards in the 201
Feb 26, 2013

American car market on the upswing: car production to meet expected customer demand in 2013

Reports from the NY Times reflect on the recession and expected rise in consumer demand. New manufacturers and investments are reported as Ford, Chrysler, and GM resurge, hiring again with plans to continue their expansion. Reflections from Josep
Feb 26, 2013

New Cadillac XTS helps re-develop GM’s strategy in China

According to Gasgoo.com, Shanghai  General Motors released the new Cadillac XTS this week. American cars entering the international playing field represent competition for the 89% German-owned market: Shanghai GM plans to sell 100,000 Cadillacs in C
Feb 26, 2013

Thasunda Brown Duckett Named CEO of Chase Auto Finance

New York, NY – Chase announced today that Thasunda Brown Duckett has been named CEO of Auto Finance, part of Chase’s Consumer & Community Banking division. Ms. Duckett previously served as national retail sales executive for Chase’s Mortga
Feb 25, 2013

GrooveCar Direct Launched

HAUPPAUGE, NY– GrooveCar Direct was launched here today expressly to enable the nation’s credit unions to develop a new revenue generating stream in addition to helping them secure more auto loans. The program is a made-to-order fit for CU’s to
Feb 25, 2013

After Strong 2012, This Year Likely ‘Even Bigger’ for Sonic’s Used Operations

In what was a strong year for the retailer’s pre-owned department, Sonic  Automotive increased its used-vehicle retail sales by more than 6 percent for  both full-year 2012 and the final quarter of the year. Specifically, Sonic moved 23,943 used
Feb 22, 2013

Lithia Focused on Reaching 75 Monthly Used Retail Sales Per Store

As the company closed the year with the highest fourth quarter adjusted net  income in company history, Lithia Motors watched its used-vehicle division  continue to work toward the goal of turning 75 units per store monthly. On Wednesday, Lithia re
Feb 22, 2013