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]

LAS VEGAS — At the National Alliance of Buy-Here, Pay-Here Dealers Conference in mid-May, Ken Shilson, founder of the group, presented new annual industry benchmarks. NABD worked with Subprime Analytics and NCM Associates to collect and compile the data. The 2006 ... [Read More]

MAPLEWOOD, N.J. — In 2005, Anthony Santora created MatchMyRide.com to serve as a bridge between automotive buyers and sellers. The site was primarily launched to connect private sellers to buyers. However, after moving more than 4,000 vehicles in the first ... [Read More]

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]

CLEARWATER, Fla., and CAREFREE, Ariz. — CIQ/Voisys and AFS Software recently announced their collaboration on a new customer relationship management solution — CustomerIQ — created specifically for the needs of the CIQ/Voisys dealership base. The new CRM program can provide stores with lead ... [Read More]

FORT WORTH, Texas – AmeriCredit celebrated the one-year anniversary of its Bay View Acceptance Corp. acquisition during its third fiscal quarter. Despite the fact that company is still integrating Bay View and Long Beach, officials said they are starting to ... [Read More]

LAKE SUCCESS, N.Y. — DealerTrack recently announced its partnership with Manheim to work together on inventory management products. The two companies came to an alliance under which DealerTrack will provide its InventoryPro management solution to Manheim's POINT customers. Manheim officials said ... [Read More]

BATON ROUGE, La. — AppOne announced it has added several new employees: Felix Carballo, Chris Kimmel, Keith Coulon, Alex Adarmes, Lauren Jarreau, Christopher Matt, Ken Bird, Troy Gleaves, Billy Good, Brandi Cline-Kelly, Lucy Guevara, Louise Montoya and Blanca Robles.  Carballo joins ... [Read More]

BURNSVILLE, Minn. — Ren'T'Own Auto Inc. and Dealer Services Corp. of Indiana recently announced a new partnership. Under this agreement, Indiana-based DSC will provide financing for Ren'T'Own inventory for approved auto dealers, according to officials. "In our 17 years of experience ... [Read More]

RANCHO SANTA MARGARITA, Calif. — Finance Express and Subprime Analytics announced that they have signed a joint venture agreement. Subprime Analytics is a company Ken Shilson, founder of the National Alliance of Buy-Here, Pay-Here Dealers, established to provide computerized portfolio ... [Read More]