Late last week, Hertz Global Holdings announced that it extended the expiration date of its previously announced cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group for $87.50 per share. Officials indicated the tender offer is now scheduled to expire at 5 p.m. ET on Oct. 22 unless […] [Read More]

The Re3 Conference, which focuses on repossession, recovery and remarketing, has expanded into one full day packed with content this year. And with a full day to explore a variety of topics, one key discussion that attendees do not want to miss will take place at 2 p.m. Titled “The Evolution, Revolution and Diversification of […] [Read More]

Skip-tracing expert Alex Price of MasterFiles recently rolled out a new website geared to support the efforts of all skip-tracers through education, training and networking opportunities. Price highlighted there is no cost to join the industry dialogue and obtain the training materials available at SkipGuru.com. [Read More]

Recovery Specialist Insurance Group and Allied Finance Adjusters recently hosted a joint compliance training seminar in conjunction with Allied’s mid-year meeting at the Golden Nugget Hotel and Casino in Las Vegas. RSIG’s director of education Michael Howk and Allied’s compliance and education chairman Tom Wentling presented a full-day session on compliance. Howk and Wentling gave […] [Read More]

RouteOne announced Monday that it has been endorsed as the credit application management system of choice by the National Independent Automotive Dealer Association. As an endorsed NIADA National Member Benefit Partner, RouteOne highlighted that it has assisted NIADA’s 20,000 independent dealership members with streamlining their F&I process through the utilization of RouteOne’s credit application network. [Read More]

Potential used-car buyers can now get a little help with their down payment, thanks to a new program announced this week by social-savings website Motozuma. By setting up a free Motozuma account to save for a down payment, prospective buyers can receive a dollar-for-dollar match of up to $200 on any used vehicle purchased from […] [Read More]

The National Independent Automobile Dealers Association revealed its newest NIADA Platinum National Corporate Partner on Thursday with the addition of Dealer Services Corp. of Indiana. By aligning with DSC, NIADA said the move is meant to further its commitment to the success of independent dealers. The association highlighted that during the past seven years, DSC […] [Read More]

AutoCanada recently signed a renewal of its credit facility with HSBC Bank Canada whereby HSBC increased the availability of the existing revolving term loan from $30 million to $40 million. Officials highlighted the deal also includes an option to increase the revolver to $50 million based on credit approval of HSBC. In addition to the […] [Read More]

FLD announced today that it has named a director of business development. Hired to the position is Rich Mallek, who has seven years of marketing and sales experience. Mallek previously worked at a full-service interactive advertising and marketing agency in Boca Raton, Fla., and his background also includes positions with a marketing company focused on […] [Read More]

What do kids, credit unions and Enterprise Car Sales have in common? More than you might think. Enterprise Car Sales works nationwide to support Children’s Miracle Network (CMN) Hospitals and the Credit Unions for Kids program, the company noted in a press release this week, through bowl-a-thons, trivia nights, golf tournaments, walks/runs, restaurant nights and […] [Read More]