BENTONVILLE, Ark. (July 7, 2006) -- Gross profits for America's Car-Mart fell 2 percent for fiscal year 2006 due to higher vehicle costs and higher expenses in preparing units for sale, company executives reported Thursday. Cart-Mart's income for the year decreased 7.1 percent to $16.7 million, as compared to $8... Read More

RouteOne Signs 100th Finance Source

FARMINGTON HILLS, Mich. (July 5, 2006) -- RouteOne recently announced it has signed its 100th lender, signaling a 40-percent increase in the number of finance sources available since January. "The quality of our 100 lending partners is especially noteworthy," said Mike Jurecki, RouteOne chief executive officer.... Read More

RANCHO SANTA MARGARITA, Calif. (July 3, 2006) -- Finance Express, which operates an auto finance platform for independent dealers, announced it has hired Shannon Acton for the newly created position of vice president of direct lending. She will be responsible for the dealer finance application program, as well as manage... Read More

FORT WORTH, Texas (July 3, 2006) -- After making some tough decisions in 2003 and trimming their portfolio, AmeriCredit executives promised to slowly build their business back up. As of 2006, executives said they are witnessing the fruition of their efforts through an expansion of dealer relationships, an acquisition to... Read More

SCOTTSDALE, Ariz. -- The Automotive Dealership Institute announced it has joined forces with Dealership for Life, which is a nationwide dealership customer loyalty and retention program. ADI offers a variety of courses covering the gamut of a dealer's operations, while DFL offers processes and services designed to drive... Read More

BANTON ROUGE, La. (June 29, 2006) -- AppOne announced it has developed a Dealer Bootcamp to teach how independent dealers can use the company's platform to connect to lenders. The Dealer Bootcamp, which was created as part of the national rollout of AppOne's platform, is scheduled for Thursdays and runs through the... Read More

Car-Mart Opens Second Alabama Dealership

BENTONVILLE, Ark. (June 28, 2006) -- America's Car-Mart recently announced the opening of its newest dealership in Muscle Shoals, Ala. "This will be our second dealership to open in the state of Alabama," said T.J. 'Skip' Falgout III, chairman and chief executive officer. "We currently have two... Read More

SACRAMENTO, Calif. (June 26, 2006) -- U.S. Bank announced it has named Tom Pritchard president of its dealer commercial services division. Before his promotion, he served as national market manager for the bank's dealer commercial services unit. Company executives said Pritchard is a 26-year veteran of banking, with... Read More