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March 10, 2008 - Industry News

FTC Issues Car Buying Guidlines

The Federal Trade Commission has issued a Facts for Consumers report meant to protect car buyers against ads that promote low interest rates but may not offer genuine savings.

March 10, 2008 - Industry News

Toyota Offers 7-Year Loans

Toyota Financial Services CEO has announced that the captive lender has begun offering 84-month loans to qualified customers in an effort to head off a slow sales season.

March 10, 2008 - Industry News

Gibson Resigns from DealerTrack Board

DealerTrack Holdings Inc. announced that Thomas R. Gibson has resigned from its board of directors.

March 6, 2008 - Industry News

Fitch Reports Positive February for Auto Loans

The performance of securities backed by U.S. automotive loans improved slightly in February, in line with normal seasonal patterns.

March 5, 2008 - Industry News

Guardian Warranty Names New CEO

Guardian Warranty Corporation announced that John Stultz will be stepping down as president and CEO and that Joan Saunders will become the chief executive officer of the company.

March 5, 2008 - Industry News

Fiserv's CheckFreePay Announces New Hires

CheckFreePay announced the appointment of four new members to its walk-in bill payment leadership team.

March 5, 2008 - Industry News

eOriginal Expands Sales Force

eOriginal Inc. announced the promotion of a sales executive and the addition of three team members to its sales department.

March 4, 2008 - Industry News

Payless Signs Six Dealers to 5-Year Extensions

Payless Car Sales announced today that it has recently completed the signing of its first set of franchise renewals agreements with six of it earliest franchisees.

March 4, 2008 - Industry News

AmeriCredit Announces "Signature Events" for 2008

AmeriCredit Corp. has announced the selection of its primary philanthropic initiatives, or "Signature Events," for 2008: the March of Dimes, Salvation Army and United Way.

March 4, 2008 - Industry News

Esstman Joins Exeter Board

Former AmeriCredit Corp. executive Edward Esstman has joined the board of directors of Exeter Finance Corp.

March 3, 2008 - Industry News

CUDL Wins B2B Marketing Award

CUDL has announced that their AutoSMART Program and Website has been presented with Summit International's 2007 Marketing Effectiveness Award.

March 3, 2008 - Industry News

AmeriCredit Names 2007 Auction of the Year Winners

AmeriCredit has named Manheim's Tennessee Auto Auction in Nashville, Tenn., as its 2007 Auction of the Year as part of the company's nationwide Auction of Excellence program.

March 3, 2008 - Industry News

Finance Express Unveils New Website, System Infrastructure

Finance Express announced its recently redesigned website along with a system infrastructure upgrade.

March 3, 2008 - Industry News

NABD Announces 2008 BHPH Conference Agenda, Speakers

The National Alliance of Buy Here, Pay Here Dealers (NABD) today announced the agenda and speakers for the 10th Annual National Buy Here Pay Here Conference to be held May 6-8, 2008, in Las Vegas.

March 3, 2008 - Industry News

Asbury Automotive Group Reports 4Q and Year 2007 Financial Results

Asbury Automotive Group, one of the largest automotive retail and service companies in the U.S., has reported financial results for the fourth quarter and year ended December 31, 2007.

February 26, 2008 - Industry News

Maximus Auto Group Partners with Dealer Bank Source

Maximus Auto Group (MAG) has agreed to serve as the national marketing director for Dallas-based Dealer Bank Source's rent-to-own (RTO) program.

February 25, 2008 - Industry News

OEConnection Announces DMS Connect Integration to ADP's w.e.b.Suite

OEConnection LLC, announced the completion of integrating their online automotive business products with ADP's industry-leading w.e.b.Suite Dealer Management System (DMS).

February 25, 2008 - Industry News

Sekurus Introduces iLocate GPS System

Sekurus, Inc., the manufacturer of ON TIME, the patented starter interrupt system, has announced the introduction of iLocate, an innovative global positioning system (GPS) that also utilizes the latest in digital cell phone technology in conjunction with a user-friendly Web site.

February 25, 2008 - Industry News

R. L. Polk & Co.: Median Age of Trucks on the Rise, Remains High for Cars

The median age of passenger cars in operation remained at 9.2 years in 2007, tying a record high in 2006, according to the vehicle population report released today by R. L. Polk & Co. The median age for trucks increased 5.8 percent to 7.3 years in 2007.

February 25, 2008 - Industry News

Fiserv Bolsters CheckFree Investment Services Software

Industry veteran Jay Pila brings global experience to new role as SVP and General Manager

February 25, 2008 - Industry News

Dealerskins Names Eric Brown General Manager

Dealerskins, a division of Dominion Enterprises and a leading provider of automotive dealer web solutions, announced that Eric Brown has joined the company as the new general manager. Brown will be responsible for day-to-day operations and the focused execution of Dealerskins' 2008 business plan.

February 25, 2008 - Industry News

Fiserv President and CEO, Jeffery Yabuki, to Present at Baird Business Solutions Conference; Live Webcast Planned

Fiserv, Inc. announced today that its President and Chief Executive Officer, Jeffery Yabuki, will present at the Baird Business Solutions Conference on Thursday, February 28, 2008.

February 25, 2008 - Industry News

RouteOne and MJL Enterprises Announce Integration

RouteOne announced today that it has completed integration with MJL Enterprises. The RouteOne/MJL Enterprises integration is now available to dealers in the United States and Canada.

February 20, 2008 - Industry News

Fewer Auto, Other Vehicle Dealers Preparing for Growth Next 12 – 24 Months Says Latest SBRB Report

Fewer owners and managers of small automotive and other vehicle dealerships indicated during the third quarter of 2007 that they are planning for expansion during the next 12 to 24 months, according to the latest Small Business Research Board (SBRB) study released here today

February 20, 2008 - Industry News

U.S. Auto ABS Delinquencies Speed to 10-Year Highs in January, Fitch Reports

60+ day delinquencies in U.S. prime and subprime auto asset-backed securities (ABS) accelerated in January 2008 hitting the highest levels in 10 years, according to Fitch Ratings.