MENU
SEARCH
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.
Read More →
NADA University, an online education and training resource for auto dealers and their staffs, announced the launch of a new Website, www.NADAuniversityblog.com, featuring its “Dealer Pain Points” videos to help dealers resolve business challenges and create new opportunities for success.
Read More →Michigan First Credit Union today announced the launch of its "Member Showroom," a full service Website that allows consumers to complete the entire car purchasing process.
Read More →Westlake Financial Services’ portfolio reached $1 billion dollars in total receivables, with over 150,000 accounts as of March 11, 2011.
Read More →FICO announced that the auto industry is simultaneously migrating to the FICO 8 Auto Score, with most lenders expected to complete the adoption process by May.
Read More →According to a new Kelly Blue Book Market Intelligence Survey, 64 percent of new-car shoppers say they plan to research their financing options on the Web. The vehicle information site also announced that it has entered into exclusive partnerships with Bank of America and Autobytel Inc.'s Car.com to offer prime and subprime financing to visitors of KBB.com.
Read More →Rising gas prices are likely to have a limited impact on U.S. auto loan and lease asset-back securities (ABS) performance, particularly compared to 2008 — when the price of regular grade gasoline spiked to nearly $4.15 a gallon, according to Fitch Ratings.
Read More →An increase in floor traffic and a strong closing ratio indicate that new-vehicle sales in March will improve 11 percent from the year-ago period, according to CNW’s Retail Automotive Summary.
Read More →DealerTrack Holdings Inc. today announced that the number of active lenders connected to its DealerTrack credit application network has reached 1,000 U.S. lenders.
Read More →IAS, a provider of F&I aftermarket programs, has entered into an agreement with Universal Lenders LLC and can now offer its nationwide network of agents and dealers a financing alternative at the aftermarket point of sale.
Read More →Peritus Portfolio Services LLC, a purchaser of performing and non-performing auto secured paper, has appointed Rod A. Heasley as executive vice president of sales and marketing.
Read More →
