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vAuto Inc. announces its used-car inventory management system is now available as an application for the Apple iPhone and iPod Touch.
Read More →Saying economic conditions have reached the optimal period for new loan originations, Dan Berce told investors and media outlets that AmeriCredit increased originations during the March quarter by $245 million.
Read More →Used-vehicle inventories on franchised and independent lots dropped 24 percent in March compared to the year-ago period, and hit their lowest level since June 2005, according to CNW Marketing Research.
Read More →Seasonal weakness drove U.S. prime auto loan ABS losses slightly higher in January versus prior months, according to Fitch Ratings.
Read More →Not only is CNW Market Research anticipating a 9 percent increase in used sales for January, but current floor-traffic data has the firm predicting a strong spring/summer selling season.
Read More →After a two-week trial, a federal jury in Cheyenne, Wyo., convicted on Jan. 21 Randy Lee (aka Jimmy Lee) on 11 of 14 felony counts with which he was charged, the Justice Department announced.
Read More →A Lackawanna County, Penn., used-car warranty company and its operators, accused of defrauding thousands of motorists across the country, are the subject of a lawsuit filed by the state’s Attorney General's Bureau of Consumer Protection.
Read More →About 8 million fewer used cars and trucks entered the U.S. market over the past two years, resulting in higher used-vehicle prices every month in 2009, according to the latest AuctionNet data of wholesale transaction prices.
Read More →Automotive dealers now have the ability to better manage their used vehicle end-to-end processes with the release of vAuto’s LifeCycle Manager.
Read More →Despite various negative indicators, U.S. auto ABS delinquency and annualized net losses (ANL) actually improved at a time of the year when performance characteristically begins to deteriorate, according to Fitch Ratings.
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