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NewsJuly 19, 2010

Viking Media Marketing Partners With New Vision Sales

Viking Media Marketing, a provider of automotive marketing services, has formed an exclusive partnership with Charlotte, N.C.-based New Vision Sales, an automotive training and consulting firm.

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NewsJuly 15, 2010

Oak Group Joins F&I Administration's Platform

F&I Administration Solutions LLC has signed Oak Services Inc., its fifth new customer in five months.

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NewsJuly 13, 2010

Subprime Approvals Lagging Behind, Reports CNW

Auto finance sources continued to favor the less risky lending categories in June, with approval rates for the prime and nearprime categories reaching new highs. The story was different for subprime approvals, which continued their descent from a high in April.

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NewsJuly 13, 2010

GMAC Assumes New Name in August

Ally Financial Inc. today said it will rebrand its GMAC consumer and dealer-related auto finance operations in the U.S., Canada and Mexico and begin using the Ally name in August. This follows the transition of the corporate entity to Ally Financial Inc. in May.

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NewsJuly 13, 2010

Consumers Continue to Tighten Purse Strings, Reveals Fed Report

Borrowing among U.S. consumers fell for the fourth straight month in May, dipping by 4.5 percent, according to the Federal Reserve.

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NewsJuly 13, 2010

Detroit Brand Dealers Most Improved in 2010 Satisfaction Study

Mercedes-Benz dealerships ranked highest in the 2010 Pied Piper Prospect Satisfaction Index (PSI) U.S. Auto Industry Study, which used “mystery shoppers” to measure and compare how consumers are treated when shopping.

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NewsJuly 13, 2010

Autobytel, NAMAD Partner to Help Minority Dealers Sell More Cars

Autobytel Inc., a provider of online consumer leads and marketing resources, has partnered with the National Association of Minority Automobile Dealers (NAMAD) to help its member dealers sell more cars using proven digital marketing methods.

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NewsJuly 13, 2010

VINtek Opens New Office in California

VINtek, a provider of auto finance services and solutions for lenders, today announced that it has opened a new office in Sacramento, Calif., to address the automotive collateral needs in the country’s highest volume vehicle titling state.

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NewsJuly 13, 2010

CUDL Introduces AutoSMART iPhone App

CUDL, the administrator of the nation’s largest auto lending network for credit unions, announced the roll-out of its new CUDL AutoSMART application for the Apple iPhone.

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NewsJuly 9, 2010

Wolters Kluwer Granted Patent for AppOne Solution

Wolters Kluwer Financial Services said the United States Patent and Trademark Office has granted a U.S. patent for its AppOne solution, which automates indirect lending, credit approval and compliance processes for independent automobile dealers and the lenders that serve them.

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