Nissan Motor Acceptance Corporation (NMAC), the captive automotive financial services arm for Nissan North America, Inc., plans to enter into associations with three providers of online credit applications for its Nissan and Infiniti dealer network.
Ongoing new-vehicle incentives, an uncertain economy, high unemployment, and flat new-vehicle transaction pricing are among the reasons the used-vehicle market is forecast to remain soft for the balance of the 2003 calendar year.
The International Automotive Remarketers Alliance (IARA) announced its objectives and projected goals for 2003 at its all-member meeting in February.
CCC Information Services Inc. announced that it will provide CARFAX Vehicle History Reports to customers of its flagship CCC Valuescope product as part of a new relationship between the two companies.
Mercedes-Benz USA (MBUSA) has created a new executive-level position to oversee all pre-owned, Starmark, and fleet operations.
F.U.S.A., Inc., which provides inventory products and consulting services to the remarketing industry, has hired Mike Szarwark as vice president of fleet and remarketing operations.
AutoTradeCenter, Inc. (ATC) announced Feb. 26, 2003 that Auto Enterprises, a registered importer of Canadian vehicles located in Warren, MI, will use ATC’s Web-based OpenAuction platform to remarket vehicles imported from Canada, online to dealers across the United States.