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Auto Financeby StaffMarch 6, 2012

Chrysler Group Launches Diversified CPO Program

Chrysler Group announced the launch of Diversified Certified, a program that enables Chrysler Group dealers to certify and sell competitive-make, pre-owned vehicles backed with a Chrysler Group warranty.

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Auto Financeby StaffMarch 6, 2012

Financial Services Firms, Banks Expand Social Media Usage

A report by Change Sciences Group revealed that some banks and other financial services firms are using social media to change their image.

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Auto Financeby StaffMarch 6, 2012

Aging Customer Base Could Affect Dealer Service Profits, DMEautomotive Reports

DMEautomotive’s latest white paper revealed that the aging customer base is significantly favoring aftermarket chains' service profits while threatening those of new-car dealerships.

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Auto Financeby StaffMarch 6, 2012

Rebates Propped Up February Auto Sales, Reports Buycentives

A study by Buycentives revealed that rebates and incentives continued to play a role in February auto sales.

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Auto Financeby StaffMarch 6, 2012

Equifax, Moody's Predict Growth in Auto Finance Market

U.S. consumer credit data from CreditForecast.com, a joint product of Equifax and Moody's Analytics, projects a rebounding consumer environment along with recovering auto and home markets in 2012.

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Auto Financeby StaffMarch 6, 2012

Gas Prices, Fuel-Efficient, Used-Vehicles Pricing on Same Trajectory

CarGurus, an auto research and shopping site, expects prices on fuel-efficient, used vehicles to increase 15 percent by August as gas prices continue to approach $4.50 a gallon.

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F&Iby StaffMarch 6, 2012

Exeter Finance Completes $200 Million Securitization

Exeter Finance Corp. announced last week the completion of its first rated term securitization, issuing $200 million in notes backed by subprime automobile installment receivables.

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Auto Financeby StaffMarch 2, 2012

Manheim Completes Acquisition of Dealer Services Corp.

Manheim announced it has completed its planned purchase of Dealer Services Corporation, a used-vehicle floorplan company for independent dealers that’s based in Carmel, Ind.

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F&Iby StaffMarch 2, 2012

Chevrolet Dealers Earn Top Spot in Customer Experience Ratings

A report by Temkin Group revealed that Chevrolet dealers are the top-rated auto dealers on the company’s customer experience rankings.

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Auto Financeby StaffMarch 2, 2012

GM, Wells Fargo Launch Auto Finance Partnership

General Motors Co. and Wells Fargo & Co. announced a long-term partnership to offer financing to Chevrolet, Buick, GMC and Cadillac dealers and retail customers in GM’s West marketing region.

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