CARMEL, Ind. — Marking a solemn occasion, J.D. Byrider executives recently gathered to honor the one-year anniversary of the death of their company's founder and president, Jim DeVoe. Despite losing the power behind the birth of Byrider, company executives said business ... [Read More]

ROYAL OAK, Mich. — Detroit Trading Exchange was created to serve as an independent marketplace, along the lines of a virtual Wall Street, to provide an infrastructure for companies and dealers to buy and sell all sorts of auto leads, such ... [Read More]

LAKE SUCCESS, N.Y. — About 19.5 million transactions were processed in DealerTrack's network during the fourth quarter, a 52-percent climb from about 12.8 million processed during the same time frame of the prior year, according to officials. For the complete year, ... [Read More]

YORBA LINDA, Calif. — Flex Fund Financial Services announced it has named Paul Coon vice president of the company's salvage services division. Officials said Coon has served in the auto recycling and collision repair industries for 22 years, holding various sales, ... [Read More]

FAYETTEVILLE, N.C. — Competition in the subprime market has never been fiercer as an increasing number of lenders are getting into this area and more franchised dealers are jumping in to improve their profit margins. No one is feeling this competition ... [Read More]

DENVER — Flatiron Financial Services Inc. (Flatiron) announced that it has acquired substantially all the assets of Centrix Financial LLC pursuant to a sale/auction approved in the U.S. Bankruptcy Court for the District of Colorado. In a statement issued by Flatiron, ... [Read More]

COSTA MESA, Calif. — Experian recently launched an updated version of its Collections Triggers. The new version was designed to provide collectors with notification when a debtor's ability to pay appears to be improving. This can be especially critical for financial ... [Read More]

WASHINGTON, D.C. — The American Financial Services Association recently shared its latest information on happenings in the auto industry, touching on dealers' acceptance of e-contracting, New York leasing suit and more. AFSA Vehicle Finance Panel Tackles E-Contracting At the recent AFSA ... [Read More]

SOUTHFIELD, Mich. — Established 15 years ago in Michigan, Automotive Credit Corp. began by providing indirect lending services to a select group of dealers in the state. Today, the regional lender works with both franchised and independent dealers and has slowly ... [Read More]

BATON ROUGE, La. — AppOne recently reported on its growth that occurred during 2006, saying it focused on increasing participation in its dealer and lender networks and continued the national rollout of its products and services. An overview of the company's ... [Read More]