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F&I•by Staff•May 25, 2010

Dealers Move Closer to Exemption From Wall Street Reform

The United States Senate demonstrated bipartisan support for auto dealers on Monday, voting 60-30 to approve a “motion to instruct” lawmakers to include the Brownback Amendment in future versions of the financial regulation bill.

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F&I•by Staff•May 25, 2010

1Q Auto Loan Delinquency Rates Fall More Than 18 Percent

Consumer payment behavior continues to improve, with TransUnion reporting that the national 60-day delinquency rate fell 18.52 percent in the first quarter of this year to 0.66 percent.

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F&I•by Staff•May 25, 2010

AmeriCredit's Berce to Deliver Keynote Address at 2010 NAF Conference

The National Automotive Finance (NAF) Association will present its 14th Annual Below-Prime Credit Auto Financing Conference June 2-4, 2010 at the Renaissance Worthington Hotel in Fort Worth, Texas.

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F&I•by Staff•May 25, 2010

VisionMenu Offers Free Powersports F&I Training Program

VisionMenu Inc. released a free online F&I sales and compliance course for powersports F&I managers. The three-hour training course, which covers the F&I sales process, F&I products, menu-selling and compliance, is a standard feature of VisionMenu and VisionMenu Plus.

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Auto Finance•by Staff•May 25, 2010

Kontos: Used-Vehicle Values Near Tipping Point

ADESA’s chief economist reported that the steady growth of wholesale used-vehicle values slowed in April but may have already begun to push car buyers toward new-vehicle purchases.

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F&I•by Staff•May 25, 2010

vAuto Releases Mobile iPhone App

vAuto Inc. announces its used-car inventory management system is now available as an application for the Apple iPhone and iPod Touch.

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Auto Finance•by Staff•May 25, 2010

Auto Financial Group Adds Extended Terms to DrivingSense Program

Auto Financial Group (AFG), an online provider of residual-based financing products for credit unions, has added extended terms to its DrivingSense program.

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Auto Finance•by Staff•May 24, 2010

Chase Opens New Auto Finance Office in Des Moines

Chase Auto Finance announced Monday that it opened a new Custom Finance office in Des Moines, Iowa, to serve the subprime financing needs of dealers in the central Plains area.

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Auto Finance•by Staff•May 19, 2010

NABD 2010 Reports Increase in Attendance, Momentum

An international group of dealers, experts and operators gathered in Las Vegas on May 11-13, 2010, to hear nationally recognized speakers and to interact during a three-day educational conference exclusively for buy-here, pay here-dealers.

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F&I•by Staff•May 18, 2010

Nowcom Releases New Web-Based DMS

Nowcom, a provider of dealer management solutions, has released a new Web-based dealer management system, DealerCenter 7, a full-featured DMS offering increased accessibility and security.

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