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Westlake Financial Services, a full-spectrum indirect auto finance company, closed on May 26 a new $250 million dollar revolving securitization facility with Wells Fargo Securities.
Read More →A new CarGurus study suggests that a car dealer's candor and responsiveness carry significant weight with an online shopper and can make or break a sale, sometimes even before the consumer meets the dealer in person.
Read More →The Reynolds and Reynolds Company announced the launch of dealerPad, a mobile version of the Reynolds Contact Management solution developed specifically for the Apple iPad.
Read More →The iPad and smartphone versions of the Ford and Lincoln Build and Price online shopping tool allow shoppers to virtually build a car, receive a price estimate, and find a local dealership to facilitate the purchase.
Read More →According to TransUnion's quarterly analysis of auto finance trends, the national 60-day auto delinquency rate reached its lowest level since TransUnion began tracking the variable in 1999.
Read More →According to the FBI’s "Preliminary Annual Uniform Crime Report," the nation experienced a 2.8 percent decline in the number of property crimes last year when compared with data from 2009.
Read More →Experian Automotive’s quarterly analysis of the auto finance marketplace showed that lenders are warming up to the below-prime segment, with shares of loans to credit-challenged vehicle shoppers increasing by 11.1 percent in the first quarter of 2010.
Read More →As state and local governments continue enacting distracted-driver laws, consumers are increasingly looking for technology solutions to legally and safely make calls, get directions or check email while driving, according to the J.D. Power and Associates 2011 U.S. Automotive Emerging Technologies Study.
Read More →CAR-Research XRM, a single-source CRM solution branded as, “XRM, Exceeding CRM,” today announced that it has released an updated version of its Service Drive Control Manager.
Read More →The good news is the new fuel economy labels are designed to help consumers who are looking for more fuel-efficient vehicles. The bad news is applying the ratings to 2011 models shows the majority of vehicles get a rating of 6 or less.
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