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NowAuto Group Posts Fiscal 3Q Loss
Thursday, Jun. 7, 2007, 12:00 AM
Nick Zulovich
TEMPE, Ariz. — NowAuto Group recently announced financial results for its third fiscal quarter. For this period, the company reported revenue of about $1.7 million, compared with about $3.6 million in the previous year. "Revenue declines were in line with ... [Read More]
AutoTrader.com Launches Credit Center to Connect BHPH Dealers, Consumers
Tuesday, Jun. 5, 2007, 12:00 AM
Nick Zulovich
LAS VEGAS — AutoTrader.com recently announced the launch of a credit center to connect the more than 1,600 buy-here, pay-here dealers who advertise via the site with local credit-challenged consumers. At the recent National Alliance of Buy-Here, Pay-Here Dealers conference ... [Read More]
Nowcom Releases Dealer Desktop 6.0
Tuesday, Jun. 5, 2007, 12:00 AM
Nick Zulovich
LOS ANGELES — Nowcom Corp., a leading provider of dealer management solutions, announced that, in response to demands from its customers, it has released Dealer Desktop 6.0. Officials pointed out their latest desktop version now features buy-here, pay-here options. "Dealer ... [Read More]
SAFCo Selects TCI as Finance Software Partner
Tuesday, Jun. 5, 2007, 12:00 AM
Nick Zulovich
FT. LAUDERDALE, Fla. — Southern Auto Finance Co. announced it has teamed up with TCI to use its DecisionLender software to automate and improve SAFCo's indirect lending activities. SAFCo said it expects the new platform to be launched during the ... [Read More]
J.D. Byrider Expands Relationship with Experian Automotive
Tuesday, Jun. 5, 2007, 12:00 AM
Nick Zulovich
CARMEL, Ind., and SCHAUMBURG, Ill. – J.D. Byrider recently announced that it has expanded its use of Experian Automotive's AutoCheck vehicle history solutions to include all vehicles in its 14 corporately owned dealerships operating as J.D. Byrider Company Stores. "We're ... [Read More]
Cypress Develops Software Interface for DealerTrack
Thursday, May. 31, 2007, 12:00 AM
Nick Zulovich
NORTH RICHLAND HILLS, Texas — Cypress Software Systems LP announced it has developed a software interface that connects DealerTrack's auto financing software and dealer network with Cypress' Mark IV consumer loan automation software. Through the software, DealerTrack offers dealers the opportunity ... [Read More]
Compli Appoints Senior VP of Sales/Marketing and Southwest Sales Manager
Thursday, May. 31, 2007, 12:00 AM
Nick Zulovich
PORTLAND, Ore. — Compli recently announced two new executive appointments. Richard Potter now serves as the company's senior vice president of sales and marketing, while Jamie Apt has been named sales manager for the Southwestern region. "We are very excited to ... [Read More]
Finance Express Buys Tracker from Manheim
Thursday, May. 31, 2007, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced that it has purchased the Tracker Dealer Management System from Manheim. Executives said that, while the Tracker product will no longer be offered for sale, they plan to provide technical support for ... [Read More]
CarMax Looks to Continue Growth Strategy, Capture More Market Share
Thursday, May. 31, 2007, 12:00 AM
Nick Zulovich
RICHMOND, Va. — CarMax recently released its annual report, which discusses all aspects of business, including the president's forecast that the company could double its footprint in the next five years. As the company's primary focus is selling used vehicles to ... [Read More]
MAFS Opens Eight New Dealer Service Centers
Thursday, May. 24, 2007, 12:00 AM
Nick Zulovich
ATLANTA — Manheim Automotive Financial Services recently announced the opening of eight new dealer service centers throughout the U.S. According to officials, all centers will provide the company's range of financial services, in addition to other Manheim products, including Simulcast and ... [Read More]