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Auto Finance•by Staff•November 29, 2011

ACC Offers New Credit Reporting Service

Automotive Compliance Consultants (ACC) has launched a new credit reporting bureau service that enable dealers to download credit reports from Experian, TransUnion and Equifax from the company’s Compliant Solved web dashboard.

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Auto Finance•by Staff•November 29, 2011

Consumer Credit Risk Declines for Seventh Straight Quarter, TransUnion Reports

TransUnion’s Credit Risk Index declined for the seventh consecutive quarter, which the credit reporting agency partially attributed to low demand for credit. The one bright spot was demand for auto credit.

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Auto Finance•by Staff•November 29, 2011

Mota Motors Adds Former CarsDirect Exec

Mota Motors tabbed Ken Potter, the former vice president and general manager of automotive at CarsDirect, as the company’s new chief revenue officer.

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Auto Finance•by Staff•November 29, 2011

Auto Affordability Slips in Q3, Comerica Bank Reports

Auto affordability fell in the third quarter, continuing the declining trend since affordability peaked in 2009, according to Comerica Bank.

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F&I•by Staff•November 22, 2011

Making a Vehicle Purchase Rises on Consumer Wish Lists

Purchasing a new or used vehicle is rising on consumer wish lists, which could mean good things for dealers for the remainder of the year and next. Even more important, car shoppers indicated in CNW Research’s consumer surveys that they are boosting their budget to make a vehicle purchase.

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F&I•by Staff•November 22, 2011

Subprime Buyers Drive Up Used-Car Values

A 39 percent increase in subprime buyers in October drove used-car values up 18 percent compared to the same month a year ago, reported CNW Research.

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F&I•by Staff•November 22, 2011

Auto Loan Delinquencies Fall for Eighth Consecutive Quarter

The national auto delinquency rate did fall for the eight consecutive quarter on a year-over-year basis, but it did show a modest increase from the second quarter, Transunion reported today.

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F&I•by Staff•November 22, 2011

Westfall Resigns from AutoNation

Kevin Westfall, who has twice served as a keynote speaker at the magazine’s annual conference, resigned from his post at AutoNation Inc. on Nov. 9 to pursue other opportunities.

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F&I•by Staff•November 22, 2011

Former Autobytel Chief Executive Joins Mota Motors

Mota Motors, a provider of online vehicle certification and selling platforms, announced that automotive digital marketing pioneer Jeffrey Schwartz was appointed president and CEO.

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F&I•by Staff•November 17, 2011

New F&Idol Videos Available Now

The magazine has posted new video footage of the five F&Idol category winners running through their product pitches.

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