SHANGHAI — GMAC-SAIC Automotive Finance Co., Ltd. (GMAC-SAIC), a joint venture between Ally Financial Inc., Shanghai Automotive Group Finance Co., Ltd. and Shanghai General Motors Co. Ltd. (SGM), announced today that after seven years of doing

DETROIT: Nearly 125,000 Chevrolet fans have spoken, naming the 1969 Camaro the “Best Chevy of All Time.” As part of Chevrolet’s Centennial celebration, fans were asked to vote for their favorite vehicle from Chevrolet’s 100-y

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 (

CRYSTAL LAKE, IL – Yet another federal regulation auto dealers must comply with is rapidly approaching. Automotive Compliance Consultants reminds dealers that this regulation requires them to complete a Spill Prevention Plan by Nov. 10 if their dea

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,

While working with one of my clients covering a strategy on changing the price of a vehicle he had priced at $15,298, my first reaction was to tell him to reduce it to $14,995 so he wouldn’t miss any searches done up to $15,000 because of his $298.

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