AmeriCredit Recognizes Top Performing Auctions
Friday, Jun. 16, 2006, 12:00 AM
Nick Zulovich
FORT WORTH, Texas (June 16, 2006) — AmeriCredit Corp. recently announced the recipients of its Auction of Excellence program for the first quarter. Winners include: Midwest: ADESA’s Des Moines Auto Auction in Grimes, Iowa Northeast: Harrisburg Auto Auction in Mechanicsburg, ... [Read More]
AmeriCredit Resumes Auto Lending in Canada
Friday, Jun. 16, 2006, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — AmeriCredit announced it has funded its first Canadian auto loan and is working to re-establish itself as a competitor in the Canadian auto-lending market. In order to renew its lending business in the country, AmeriCredit said ... [Read More]
CarMax Names Folliard President, CEO
Friday, Jun. 16, 2006, 12:00 AM
Nick Zulovich
RICHMOND, Va. — CarMax announced that Thomas Folliard, current executive vice president of store operations, has been elected president, chief executive officer and member of the board of directors. Folliard succeeds Austin Ligon, who is retiring. Executives said Folliard, 41, ... [Read More]
DealerTrack: 1Q Net Income Up 66 Percent
Friday, Jun. 16, 2006, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. DealerTrack announced its net income for the first quarter reached $3.4 million, up 66 percent from $2.1 million posted in the same period of 2005. Company executives highlighted the fact that their transaction volume in the ... [Read More]
Best Odds in Las Vegas Were on NABD Attendance
Friday, Jun. 16, 2006, 12:00 AM
Nick Zulovich
LAS VEGAS — The best odds in the house last month at the Las Vegas Hilton were not at the craps or blackjack tables; the best odds for the nearly 1,500 dealers from throughout the country were at the National ... [Read More]
Car-Mart Announces New Store Opening
Thursday, Jun. 15, 2006, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. (June 15, 2006) — America’s Car-Mart recently announced the opening of its newest dealership in Sedalia, Mo. This new location marks the second dealership opening since the company’s current fiscal year began on May 1. The company also ... [Read More]
Myers Takes Home NIADA National Quality Dealer Title
Wednesday, Jun. 14, 2006, 12:00 AM
Nick Zulovich
LAS VEGAS (June 14, 2006) — Hundreds of independent dealers, vendors and industry executives were on hand during last week’s National Independent Automobile Dealers Association’s Annual Convention and Expo in Las Vegas to see dealer Tracy Myers, of Winston-Salem, N.C., ... [Read More]
Manheim Announces Addition of N.A.D.A. Values to POINT, Other News
Tuesday, Jun. 13, 2006, 12:00 AM
Nick Zulovich
ATLANTA (June 13, 2006) — In addition to other announcements, Manheim said subscribers to POINT now have access to N.A.D.A. Official Used Car Guide Co.’s values, along with valuations already provided by Manheim Market Report and Edmunds True Market Value. ... [Read More]
CUDL Launches New Web Site for Credit Unions
Monday, Jun. 12, 2006, 12:00 AM
Nick Zulovich
RANCHO CUCAMONGA, Calif. (June 12, 2006) — CU Direct Corp., which administers the Credit Union Direct Lending program, recently unveiled its next-generation vehicle research and shopping Web site for credit unions and their members. According to officials, the completely redesigned ... [Read More]
Escrow.com, Vehicle Title, Finance Express Partner to Boost Online Security
Wednesday, Jun. 7, 2006, 12:00 AM
Nick Zulovich
IRVINE, Calif. (June 7, 2006) — To help protect vehicle buyers, sellers and lenders during an Internet transaction, Escrow.com announced Monday it will partner with Vehicle Title to provide TitleGuard Vehicle Title Insurance on loans generated through the Finance Express ... [Read More]