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Compliance•by Staff•March 10, 2011

Compli Appoints Jeremy Davey as VP of Engineering

Compli, a provider of human resources and compliance management software, has appointed Jeremy Davey as vice president of engineering.

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F&I•by Staff•March 10, 2011

KBB.com: Rising Gas Prices Impacting Buyer Intentions

The current economic situation coupled with concern over the rise in gas prices has caused an increasing number of new-car and used-car shoppers to change their vehicle consideration criteria, according to a Kelley Blue Book Market Intelligence survey.

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Auto Finance•by Staff•March 10, 2011

Ally Financial Begins Repayment of U.S. Treasury Investment

Ally Financial Inc. announced on March 2 that the U.S. Department of the Treasury will be repaid $2.7 billion from the sale of all the Trust Preferred Securities that the Treasury holds in Ally. This represents the full value of the Treasury's investment in these securities.

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F&I•by Staff•March 10, 2011

VINtek Opens New Office in Detroit Metro Area

VINtek, a provider of automotive collateral management and electronic lien and title services for automotive lenders, has opened an office in Troy, Mich., to support continued growth in its direct-to-consumer lending platform.

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F&I•by Staff•March 2, 2011

Edmunds.com: Pick Up in Leasing Impacting Incentive Spending

Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,558 per vehicle sold in February 2011, essentially flat compared to January 2011, and down $99 – or 3.7 percent – from February 2010.

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F&I•by Staff•March 1, 2011

Two Motor City Dealers Convert Into Sears Auto Centers

Sears Authorized Independent Auto Centers LLC announced the opening of two new franchises at the sites of two veteran Detroit-area auto dealers.

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Auto Finance•by Staff•March 1, 2011

Experian Automotive: Delinquencies Improved, Loans Increased in 4Q 2010

Automotive credit continued to strengthen in the year-end quarter of 2010, as 30- and 60-day delinquencies exhibited sharp declines, according to Experian Automotive's quarterly analysis.

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F&I•by Staff•March 1, 2011

Agent Summit Workshops to Focus on Profit, Performance and Marketing

In keeping with its adopted theme of training, the inaugural Agent Summit is offering three additional workshops aimed at helping agents improve profit development, dealership performance and product marketing, organizers of the two-day event announced today.

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Digital•by Staff•March 1, 2011

Social Media Strategists Now Offer Online Training

Next Generation Dealer Services is now offering an online social media seminar for dealers, which provides 18 hours of live training sessions and a full year of training updates.

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F&I•by Staff•March 1, 2011

TrueCar Releases Car-Shopper Behavior Study

A new study conducted by TrueCar Inc. has determined that consumers prefer knowing the true price paid by others purchasing the same type of car in the last 30 days. It also revealed that consumers don't truly know how much dealers make on the sale of a vehicle.

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