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Operations•by Staff•August 14, 2009

GMAC to Offer New Leasing Option for Select Vehicles

DETROIT – GMAC Financial Services announced it will offer a leasing option for auto consumers on select vehicles.

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Operations•by Staff•August 14, 2009

vAuto and Carfax Strengthen Partnership

OAK BROOK, IL – vAuto has further integrated vehicle history information from Carfax into its used-vehicle software application.

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Operations•by Staff•August 14, 2009

Triad Financial Boosts Better Business Bureau Rating to A+

NORTH RICHLAND HILLS, TEXAS – Triad Financial announced that its Better Business Bureau (BBB) rating has changed from “B” to “A+,” the best possible score.

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Operations•by Staff•August 14, 2009

Fleet Street Remarketing Names Langford National Account Manager

LARGO, FL - Fleet Street Remarketing named Kaki Langford national account manager. Langford's performance as a corporate regional account manager for Brinks, Inc. has provided her with tremendous insight and understanding of the complexity and diversity of servicing corporate accounts.

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Operations•by Staff•August 14, 2009

SmartAuction Unveils State-of-the-Art Web Site

TROY, MI – SmartAuction announced the launch of its new online auction platform which is designed to enhance the user experience of its industry leading upstream remarketing Web site for wholesale vehicles.

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Operations•by Staff•August 14, 2009

FLD, Inc. Founder and CEO Passes Away

DELRAY BEACH, FL – FLD, Inc., a privately held automobile remarketing company in North America, has announced that founder and former CEO Michael Sheinson passed away recently.

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Operations•by Staff•August 7, 2009

CarMax Laurel Toyota Donates More Than $50,000 to Maryland Organizations

RICHMOND, VA – CarMax, Inc., a retailer of used cars, announced CarMax Laurel Toyota has donated more than $50,000 to Laurel, Md. area nonprofit organizations.

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Operations•by Staff•August 7, 2009

Better Used-Vehicle Market Boosts GMAC's 2Q Results

NEW YORK — GMAC Financial Services said improvement in the used-vehicle market in the United States led to pre-tax income of $346 million in its global automotive finance division in the second quarter.

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Operations•by Staff•August 7, 2009

Union Leasing Announces Alliance with Innovative Funding Services

SCHAUMBURG, IL - Union Leasing, based in Schaumburg, Illinois has announced a strategic alliance with Innovative Funding Services (IFS) to provide remarketing and financing for clients and employees of those clients who purchase their company fleet vehicles.

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Operations•by Staff•August 7, 2009

NHTSA Amended Its Rule Implementing the CARS Program

WASHGINTON – The National Highway Traffic Safety Administration (NHTSA) amended its rule implementing the CARS program. Dealers may now choose to disable the engine of the trade-in vehicle after they receive payment from the government for the credit.

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