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August 15, 2011

GWC Warranty, Universal Lenders Introduce Interest-Free Alternative Financing

GWC Warranty and Universal Lenders LLC have partnered to offer The ZERO Plan, a zero-percent alternative financing option for GWC vehicle service contracts.

August 15, 2011

Chase Launches Financing Program For Chrysler, Jeep, Dodge, Ram Customers

Chase Auto Finance launched of a new consumer financing program that includes retail subvention financing for Chrysler, Jeep, Dodge and Ram Truck vehicles.

August 5, 2011

Call On ‘Line 5’

After hearing what one finance executive said about financing back-end products, the magazine’s front-line columnist decides to delve into the root of the dreaded ‘Line 5’ call.

August 5, 2011

Character Development

Chris ‘Captain Credit’ Cochran struck gold for Haddad Dealerships with a social media promotion that grew into a standalone special finance department.

August 5, 2011

Ending the Cycle

Things are looking up for the below-prime segment, but our analyst warns that there still may be trouble ahead for the finance companies and dealers who serve that segment.

August 5, 2011

A New Breed

CarFinance Capital is new to the auto finance world, but the people behind the nonprime/subprime finance source are not. The editor gets the skinny.

August 2, 2011

VW Credit Selects Wolters Kluwer for Volkswagen, Audi, Bentley Dealerships

Volkswagen Group’s VW Credit Inc. has chosen Wolters Kluwer Financial Services as a preferred provider of motor vehicle lease contracts for Volkswagen, Audi and Bentley dealerships.

July 26, 2011

Ford Credit Performing Well Despite Earnings Decrease, Say Officials

Company officials partially attribute Ford Motor Credit Company’s $173 million decrease in earnings to reductions in credit loss reserves and other expenses, the company reported today.

July 7, 2011

Group 1 Automotive Completes $1.35 Billion Five-Year Revolving Credit Arrangement

Group 1 Automotive’s syndicated credit facility will provide $1.1 billion for inventory floorplan financing and $250 million for working capital, acquisitions and general corporate purposes.

July 5, 2011

First Quarter Delivers Optimistic Outlook

Delinquencies and dollar volume of at-risk loans continued to fall in the first quarter, and auto finance sources responded, with shares of loans to credit-challenged buyers increasing by 11.1 percent. Experian Automotive’s director of automotive credit provides a snapshot of other auto finance trends from the quarter.