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NewsOctober 27, 2011

Pontiac Owners Stay Loyal to GM, Edmunds.com Reports

Data analyzed by Edmunds.com revealed that 39.9 percent of Pontiac owners who traded in for a new car this year opted for a GM vehicle.

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NewsOctober 27, 2011

BHPH Purchaser ALPS Reports Strong 3Q Results

Advanced Lending & Portfolio Services, a bulk purchaser of buy-here, pay-here contracts, announced strong quarterly results, claiming a total portfolio size of $11.5 million at the end of 3Q 2011.

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NewsOctober 27, 2011

SNAAC Sells to Investor Group, Secures Expanded Credit Facilities

Security National Automotive Acceptance Corp. announced it has closed on the sale of the company to a group of private investors and has secured $450 million of senior debt financing.

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NewsOctober 27, 2011

Uptick in Dealership Theft Prompts LoJack to Release Protection Advice

LoJack shares a list of theft protection tips to help dealers protect their inventory.

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NewsOctober 27, 2011

FTC to Hold Third Roundtable in Washington, D.C., Next Month

At its next ‘Listening Tour’ event, slated for November, the Federal Trade Commission will discuss the information it has picked up at its previous two roundtable gatherings.

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NewsOctober 25, 2011

Braganini Joins Agent Summit Roster

Organizers of Agent Summit 2012 have announced that John Braganini, principal of Great Lakes Companies, will deliver the event's evening keynote address.

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NewsOctober 25, 2011

Auto Originations Up 17 Percent in 3Q, Reports Capital One

An increase in auto and commercial loan originations helped fuel a 1 percent profit gain in the third quarter for Capital One Financial Corp., the company reported last week.

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NewsOctober 25, 2011

SAAR to Reach Highest Level Since August 2009, TrueCar.com Predicts

TrueCar.com is predicting that new light-vehicle sales (including fleet) will reach 1.035 million units in October, a 9 percent increase from a year ago.

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NewsOctober 25, 2011

Kia Adds Free Carfax Reports to CPO Program

Kia Motors America Inc. announced it has selected Carfax as its vehicle history provider of choice for Kia’s Certified Pre-Owned (CPO) program.

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NewsOctober 25, 2011

ADP Third Party Access Program Approves Eight New Companies

ADP Dealer Services announced that eight new companies have completed the software company’s Third Party Access Program.

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