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Dealer Capital is launching a new auto loan purchase program. The rollout is nationwide and aims to cover most sizes and types of auto portfolios.
Read More →The operator of King City Enterprises will be sentenced this month for buying cars with counterfeit stamps from finance companies and then submitting the forged documents to the DMV.
Read More →According to The Herald-Palladium, a former employee of a Michigan car dealer pleaded guilty to stealing $94,000 from the store.
Read More →New IHS Automotive study predicts sales of self-driving cars will reach 12 million units by 2035. It also expects that 54 million self-driving cars will be on the road globally by 2035.
Read More →This year’s conference will feature Patrice Ficklin, assistant director of the CFPB’s Office of Fair Lending, as well as a candid discussion between executives from GM Financial, Toyota Financial Services and Chase Auto Finance.
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Today ends John Krafcik’s tenure as president and CEO of Hyundai Motors America. He will be replaced by David Zuchowski, the company’s executive vice president of sales.
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Ford predicts it will come in as the top-selling marque for 2013, a title it’s held for four straight years.
Read More →The vehicles of nine customers at three different dealerships disappeared before being detailed or serviced, the San Jose Mercury News reports.
Read More →As a financial holding company, Ally is permitted to engage in a broader range of business activities and can continue to operate its insurance and remarketing businesses as part of its dealer financial services operation.
Read More →Open Dealer Exchange, a joint venture between ADP and Reynolds and Reynolds, issued a release saying the Consumer Financial Protection Bureau’s focus on auto lending calls for automated documentation.
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