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Auto Finance•by Staff•October 20, 2011

Chrome Systems’ PaymentDriver Integrates With NADAguides

Chrome Systems’ PaymentDriver calculation tool enables NADAguides.com visitors to calculate and compare side-by-side projected lease and retail payments for new and used vehicles.

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Auto Finance•by Staff•October 20, 2011

Defaults Pick Up for All Credit Segments Except Auto, S&P/Experian Reports

Auto loans were the only credit segment to experience a decrease in defaults in September, falling to 1.29 percent from August’s 1.31 percent, according to the S&P/Experian Consumer Credit Default Indices.

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Auto Finance•by Staff•October 20, 2011

TCF to Acquire California Indirect Auto Lender

TCF Financial Corporation announced that its wholly-owned subsidiary, TCF National Bank, has signed a definitive agreement to acquire Gateway One Lending & Finance LLC.

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Auto Finance•by Staff•October 20, 2011

Cleveland Dealer Using QR Codes in Saab Marketing Campaign

Collection Auto Group’s “Snap up a Saab” contest and advertising campaign will give participants the chance to win a new Saab vehicle of their choice.

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Auto Finance•by Staff•October 20, 2011

Marketing Firm Launches Co-Op Adveritsing Program for Independents

Sales Solutions First has rolled out a new co-op advertising program that allows independent car dealers to accrue co-op advertising funds.

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Auto Finance•by Staff•October 20, 2011

VIN Viper Releases iPhone Update

Selig Technologies’ updated VIN Viper mobile app allows dealers to display appraisal values and Carfax summary points on one page.

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Auto Finance•by Staff•October 20, 2011

DMEautomotive Launches Card-Free Customer Loyalty Program

DMEautomotive’s new customer loyalty program provides extensive reporting options so that dealers can easily measure and monitor results and their return on investment.

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Auto Finance•by Staff•October 18, 2011

Toyota’s Jim Lentz Named SkillsUSA Champion of the Year

SkillsUSA named Jim Lentz as the 2011 Champion of the Year for his work in the creation and promotion of America’s workforce.

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Auto Finance•by Staff•October 18, 2011

Used Prices to Drive New-Car Sales in Fourth Quarter, NADA Used Car Guide Predicts

Above-average trade-in values could push car buyers into the new-vehicle market, predicts the NADA Used Car Guide. Japanese makes looking to recapture market share after the March 11 earthquake should also provide a boost through increased incentive spending.

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Auto Finance•by Staff•October 18, 2011

Group 1 Buys GM Dealer, Opens VW and Fiat Stores

Group 1 announced the acquisition of David Taylor Cadillac Buick GMC in Houston, and opens up a FIAT and two Volkswagen dealerships in California and Texas.

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