News
FLD Promotes Three Executives in Leadership Changes
FLD has promoted three longtime executives, naming Gary Mott CEO, Richard Mallek president, and Ron Sanders managing partner.
Read More →FLD has promoted three longtime executives, naming Gary Mott CEO, Richard Mallek president, and Ron Sanders managing partner.
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FLINT, MI – For the second year running, General Motors has recognized the Flint Auto Auction as winner of its most prestigious honor for its auction partners - the Auction of the Year Award.
Read More →MENLO PARK, CA –OPENLANE released its March Market Index March 16, which showed price improvements among cars, trucks, minivans, and SUVs.
Read More →TORONTO — The recovery of used auction prices across several vehicle segments — especially trucks and SUVs — is a positive development for auto ABS.
Read More →PLEASANTON, CA – Unitrin Inc. has announced plans to shelve Fireside Bank, the company's subprime auto finance unit. Fireside will cease originations immediately and collect and service its existing portfolio in-house.
Read More →SANTA MONICA, CA – The deals on some new cars are so generous that they actually make the new car less expensive than the one-year-old used version of the same model.
Read More →PHOENIX – The introduction of a new fleet of moving vans has resulted in U-Haul selling thousands of off-rental vehicles to the public. The targeted market is small-business owners looking for a vehicle that is reliable, affordable, and ready to go to work.
Read More →COSTA MESA, CA — A new report from Experian Automotive found U.S. car loans 60 days past due jumped 17 percent year-over-year in the fourth quarter of 2008, threatening further restrictions on subprime automotive finance.
Read More →MT. ARLINGTON, ST – The IARA announced Ricky Beggs, vice president, managing editor, Black Book, completed the IARA CAR Certification Program while attending CAR2009 in February.
Read More →CHICAGO – Pete Turek wasn't surprised by his company's report on fourth-quarter 2008 delinquency rates, which showed year-over-year increases. In fact, the senior executive at TransUnion said the numbers are becoming more predictable.
Read More →LAS VEGAS - James David Power III, the founder of J.D. Power & Associates, was awarded the International Automotive Remarketing Alliance (IARA) Circle of Excellence award at the IARA Winter Roundtable.
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