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NewsApril 24, 2009

New Motorcycle Sales Decline in First Quarter of 2009

The hard hit economy affected U.S. sales of new motorcycles in the first quarter of 2009, according to the Motorcycle Industry Council. Sales were down a total of 30.5 percent, compared to the same period last year, among 12 of the leading brands.

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NewsApril 24, 2009

First Quarter Snapshot: Captives and Non-Captives Report Lower 1Q Losses

The auto finance industry struggled through the first quarter of this year, but several companies reported lower losses compared to the fourth quarter 2008.

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NewsApril 23, 2009

Honda Launches Acura Financial Services

American Honda Finance Corp. (AHFC) launched Acura-branded financial services to better satisfy the needs of Acura dealers and customers.

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NewsApril 23, 2009

LeaseCompare.com Offers Consumers Guaranteed Car Payment Program

LeaseCompare.com, a provider of online direct-to-consumer auto leasing and financing, launched a program to keep customers in their vehicles if they lose their job.

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NewsApril 21, 2009

VINtek Meets Record Demand for Lien Perfection Requests by Lenders

VINtek, a provider of automotive collateral management services and direct auto finance solutions for banks, credit unions and other automotive finance lenders, processed a record number of lien applications in the first quarter 2009.

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NewsApril 21, 2009

ACS Financial Integrates With XpressCredit and RouteOne

ACS Financial (ACS) and XpressCredit agreed to allow seamless export of credit applications from ACS to its finance sources on RouteOne.

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NewsApril 21, 2009

Survey Shows Economy Impacting Americans’ Daily Financial Decisions

While Americans say they understand financial basics and monitoring budgets, they may not be doing enough to save or protect their financial future, according to a survey of America’s “financial IQ” by Capital One Financial Corporation.

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NewsApril 21, 2009

BMW Group’s Up2Drive.com Teams With Kelley Blue Book

BMW Group Financial Services of North America said last Friday that up2drive.com, its auto financing Website, was selected by Kelley Blue Book as its exclusive online lender for the kbb.com Website.

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NewsApril 16, 2009

Sparta Attracts More Dealers to Its Network in 1Q

Sparta Commercial Services Inc., a nationwide financial services company serving the powersports industry, said it continues to see a steady increase in the size of its dealer network.

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NewsApril 16, 2009

Polaris Reports Decline in 1Q Income and Loan Acceptance Rates

Polaris Industries Inc. today reported net income of $8.5 million for the first quarter 2009, down from the $19.1 million recorded in the year-ago period. Sales for the first quarter 2009 totaled $312.0 million, a decrease of 20 percent from 2008 first quarter sales of $388.7 million.

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