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December 1, 2011

Ally Expands Buyer’s Choice to 12 Additional States

Ally Financial announced that its Ally Buyer’s Choice program will be in 17 states by Dec. 12.

November 17, 2011

Ford Motor Credit Appoints New COO

Ford Motor Credit appointed Bernard Silverstone as the company’s new COO. Silverstone is a 32-year veteran of the company and currently serves as the captive’s president of marketing and sales.

November 17, 2011

Hudson Cook Adds New Partner

Hudson Cook LLP’s new partner, Angela Maynard Shovein, is a consumer compliance and privacy law specialist whose career spans more than 20 years.

November 10, 2011

GM Financial Reports Strong 3Q Results

GM Financial reported today that it recorded a net income of $109 million for the third quarter and $282 million for the nine months ending Sept. 30, 2011.

November 8, 2011

A&P Financial Services Joins AppOne

Wolters Kluwer Financial Services announced that marine and powersports financing provider A&P Financial Services has joined the AppOne platform.

November 3, 2011

Auto Finance Companies Originating More Loans Than Banks, Credit Unions, Equifax Reports

Auto finance companies have increased lending by more than 47 percent over the past two years, according to the latest Equifax National Credit Trends Report.

November 1, 2011

Industry Summit: Finance Execs Discuss Market Trends

The auto finance marketplace is heating up, but executives from six top finance sources said there’s more at play than simply a race for market share.

October 27, 2011

FTC to Hold Third Roundtable in Washington, D.C., Next Month

At its next ‘Listening Tour’ event, slated for November, the Federal Trade Commission will discuss the information it has picked up at its previous two roundtable gatherings.

October 25, 2011

Auto Originations Up 17 Percent in 3Q, Reports Capital One

An increase in auto and commercial loan originations helped fuel a 1 percent profit gain in the third quarter for Capital One Financial Corp., the company reported last week.

October 25, 2011

SAAR to Reach Highest Level Since August 2009, TrueCar.com Predicts

TrueCar.com is predicting that new light-vehicle sales (including fleet) will reach 1.035 million units in October, a 9 percent increase from a year ago.