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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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As its president delays retirement, Ally Financial shuffled its top management structure late last week as four executives received new appointments. Ally said the changes are meant to leverage the senior leadership capability within the organization as the company continues its “transformation,” including an initial public offering.
Read More →General Motors Co. said it plans to launch this year a pilot program through its captive lender, GM Financial, to make loans to dealers to buy new vehicles from the company.
Read More →Commonwealth Motors is proud to announce it's celebrating 20 years of serving the transportation needs of northern Massachusetts, Southern New Hampshire and Maine.
Read More →A new Kelley Blue Book Market Intelligence survey indicates that 52 percent of car shoppers have changed their minds about gas prices and think they will either stay the same or go down in the next 30 days.
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The magazine’s 2010 F&I Dealer of the Year opens its playbook to reveal six tried-and-true products that make for great lease add-ons.
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The industry is facing another possible crisis, but nobody seems to be in panic mode just yet.
Read More →According to TransUnion's quarterly analysis of auto finance trends, the national 60-day auto delinquency rate reached its lowest level since TransUnion began tracking the variable in 1999.
Read More →Experian Automotive’s quarterly analysis of the auto finance marketplace showed that lenders are warming up to the below-prime segment, with shares of loans to credit-challenged vehicle shoppers increasing by 11.1 percent in the first quarter of 2010.
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BMW Group Financial Services now offers specialized content on the Facebook fan pages for BMW Financial Services and MINI Financial Services.
Read More →Ally Financial seized on a market buoyed by new loan originations to claim the title of largest auto finance company in the United States in 2010, according to the new Auto Finance Big Wheels annual ranking of car lenders and lessors.
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