ATLANTA — Manheim Consulting recently released its Used Car Market Report, which summarized market conditions last year. Reflecting the growing importance of the subprime sector in the overall used-car industry, Manheim devoted quite of bit of discussion to this arena in ... [Read More]

AUSTIN, Texas — As in years past, the Consumer Bankers Association will release the findings of its Automobile Finance Study at its National Automobile Finance Conference & Trade Show, March 18-20 at the Austin Hilton. Leading executives from retail banking and ... [Read More]

FORT WORTH, Texas — J.D. Byrider announced the opening of a new franchise in the Dallas/Fort Worth area. The new facility is just one of four locations expected to be opened over the next five years by the Alabama-based franchisees. "Within ... [Read More]

ffNEW YORK — Several industry professionals banded together in early 2006 to found Wolters Kluwer Financial Services as an offshoot of a large global company. The financial services division of Wolters Kluwer specializes in lessening the compliance risk to dealers and ... [Read More]

WASHINGTON, D.C. — Americans Well-Informed on Automobile Retailing Economics recently launched a new Web resource to assist consumers with research in auto financing. The Auto Financing Learning Suite is available in both English and Spanish. AWARE is a nonprofit organization that ... [Read More]

YORBA LINDA, Calif. — In addition to reporting two new partnerships, Flex Fund Financial Services LLC, which specializes in providing inventory financing, announced it has relocated to a larger corporate headquarters in Yorba Linda, Calif. "Our new offices better accommodate our ... [Read More]

PORTLAND, Ore. — Compli and Auto Advisory Services announced they are collaborating to expand Compli's Dealership Compliance Management System with additional products and services to help California dealerships effectively manage the broadening compliance requirements. AAS and Compli said they plan to ... [Read More]

ATLANTA — Buy-here, pay-here and special finance dealers had to tighten their belts during recent years as the wholesale cost of older units has risen, leading dealers to either lower their standards for purchases or charge their customers higher payments to ... [Read More]

PHOENIX — DriveTime recently announced it is moving its loan services and operations center from Gilbert, Ariz., to a larger facility in Mesa, Ariz. The company also said it plans to hire 100 employees for the new center in the next ... [Read More]

DALLAS — Eldridge Burns Jr. has been named chief legal officer and general counsel for Drive Financial Services. Executives said Burns came to Drive after serving as vice president and senior corporate counsel for Blockbuster, where he managed real estate, mergers ... [Read More]