Global fleet management company LeasePlan USA recently named Michelle Davis as its new regional sales vice president for the Southeast. Davis, with more than 12 years of successful fleet experience, was most recently district sales manager at Supreme Corp. There, she helped clients find solutions to improve their driver experience. There’s much untapped potential for fleets […] [Read More]

Following the Federal Trade Commission’s move to increase its non-compliance fine and OSHA’s decision to increase max penalties, Total Dealer Compliance (TDC) and Automotive Development Services (ADS) entered into a strategic partnership that provides a comprehensive solution to ADS’ dealers looking to reduce exposure from federal regulations proactively. “We recognized that meeting the new, stricter […] [Read More]

This week, White Clarke Group released its 20th annual Global Leasing Report, what the company contends is the only guide to the top 50 leasing markets in the world, summarizes leasing volumes and other market trends. Officials highlighted the report reveals an optimistic industry outlook with positive growth and continued confidence. White Clarke Group calculated […] [Read More]

RouteOne announced recently that Jeff Belanger — who’s been named senior vice president of sales — as well as Amanda George — who has been picked as vice president of strategy — will begin their positions in April. The creation of the new roles come as a result of the announcement that RouteOne’s chief strategy officer, […] [Read More]

Black Book on Monday released its latest joint depreciation report with Fitch Ratings; an analysis that projected 2017 vehicle depreciation to reach 17.8 percent based on estimated new-model sales of 17.0 million. That forecast is slightly up from the 17.3-percent mark recorded in 2016. The firms point out that average pre-recession annual depreciation trended between […] [Read More]

This year’s Manheim Used Car Market Report projects that repossessions will total 1.7 to 1.8 million units in 2017, representing an increase “in the neighborhood of 100,000 units,” according to Cox Automotive chief economist Tom Webb. Webb elaborated about the expected figures and what factors could impact whether repo agents, forwarding companies and auctions will […] [Read More]

GWC Warranty, a provider of used-vehicle service contracts and related finance and insurance products sold through dealers, has once again been named a Bronze Level National Corporate Partner of the National Independent Automobile Dealers Association. NIADA’s National Corporate Partner program is designed to provide its members with an extensive, highly vetted roster of partners they […] [Read More]

Over five years, AUL Corp. has contributed $173,619.00 to 80 different non-profit organizations, according to the warranty and vehicle service contract administrator. AUL announced that it publicly disclosed its recent charitable contributions on Thursday. "At AUL, we believe that getting involved in charity programs contributes to strengthened professional skills, team building, thinking creatively, and contributes […] [Read More]

Primeritus Financial Services said Wednesday afternoon it has purchased Global Investigative Services, a Rockwell, Texas-based provider of vehicle skip-tracing services, equipment recovery and investigative services for the finance industry.  It was founded by Greg Hill and Danny Tolbert. “When we look at potential acquisition targets, companies must meet a high standard of managerial, financial and […] [Read More]

With debt collection continuing to be one of the primary triggers, the Consumer Financial Protection Bureau’s latest update about its complaint database indicated the bureau has handled approximately 1,080,700 consumer complaints across all products as of Jan. 1. For December, the CFPB reported that debt collection again was the most-complained-about financial product or service. Of […] [Read More]