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Interest Rates Further Squeeze Auto Consumers
Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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SEARCHMENUSEARCHLast month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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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.
Read More →Ford Motor Credit Company reported net income of $1.8 billion in 2011, compared with $2 billion a year earlier. On a pre-tax basis, Ford Credit earned $2.4 billion in 2011, compared with $3.1 billion in the previous year.
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