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Small funds eyeing big gains pile on Venezuela debt - Vimarsana News

Small funds eyeing big gains pile on Venezuela debt

CARACAS/MADRID/NEW YORK, June 15 (Reuters) - Small funds and investors outside the United States are looking to increase their exposure to Venezuelan bonds, on the expectation of debt renegotiations or of legal action tied to...

Former Fredericton car dealer faces more fraud allegations, associate also charged - Vimarsana News

Former Fredericton car dealer faces more fraud allegations, associate also charged

William Cornford, a former Fredericton used car dealer who's already set to stand trial on fraud charges, was charged Tuesday with more crimes, along with his business partner, Peter Kennedy.

Source: cbc.ca
NextGear Capital strengthens leadership team with two appointments - Vimarsana News

NextGear Capital strengthens leadership team with two appointments

NextGear Capital has appointed Chris Stakes as commercial director and Victoria Gardner as director of NextGear Development.

NextGear Capital unveils first floor plan designed specifically for new dealers - Vimarsana News

NextGear Capital unveils first floor plan designed specifically for new dealers

CARMEL, Ind. (May 24, 2021) – Getting a used car dealership off the ground can be challenging, especially in the current automotive retail and wholesale environment. In response, NextGear Capital has launched the first floor plan product in the industry designed specifically for new independent…

COMMENTARY: Independent dealers are poised to thrive as driving force in recovery - Vimarsana News

COMMENTARY: Independent dealers are poised to thrive as driving force in recovery

COMMENTARY: Independent dealers are poised to thrive as driving force in recovery NextGear Capital president Scott Maybee. Images courtesy of the company. Wednesday, May. 19, 2021, 11:02 AM By Scott Maybee CARMEL, Ind. -  Despite tight inventory, total used-vehicle sales in April were up 69% compared to April 2020, according to my colleague, Cox Automotive chief economist Jonathan Smoke, who is forecasting full-year retail used-vehicle sales will reach 21.5 million, an increase from 19.7 million in 2020.  At 60,000 strong, independent dealers are the backb...