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Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
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The industry has been waiting for signs on how the CFPB would approach anything auto. The magazine’s resident legal wiz says the agency has finally tipped its hand.
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Mercedes-Benz Financial Services USA LLC and DealerTrack announced that MBFS will become a lender on the DealerTrack credit application network beginning in March.
Read More →Subaru of America Inc. has named Carfax as its official provider of vehicle history information for the Subaru Certified Pre-Owned program.
Read More →The Conference Board announced that the Consumer Confidence Index, which had increased in December, retreated in January. The Index now stands at 61.1, down from 64.8 in December.
Read More →GM Financial announced it has chosen DataScan Technologies LLC as its systems provider for the captive’s Commercial Lending Services business.
Read More →J.D. Power and Associates’ 2012 Avoider Study indicated that more than 40 percent of new-vehicle buyers said they based their opinions on conventional wisdom or common knowledge rather than personal experience, reviews, ratings or recommendations.
Read More →Flagship announced that it has entered into an agreement with Wells Fargo Bank to renew and increase its commercial credit facility to $175 million.
Read More →Equifax's December National Credit Trends Report revealed that U.S. consumers were much more diligent in paying down their debts in 2011.
Read More →Basketball legend Julius “Dr. J” Erving will be available for autographs and pictures during a meet and greet in Booth No. 330 at the 2012 NADA Convention & Expo at the Las Vegas Convention Center.
Read More →The partnership between Open Dealer Exchange and VW Credit includes processing credit application and contract data within the dealer management system.
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