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F&I•by Staff•May 10, 2011

Amendola Named SVP for Resource Automotive

Resource Automotive, a unit of The Warranty Group Inc., announced that Joe Amendola was named senior vice president of national sales. Amendola will be responsible for all sales and marketing activities within Resource’s U.S. retail automotive segment.

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Auto Finance•by Staff•May 10, 2011

vAuto’s Dale Pollak to Deliver Keynote Address at NAF Conference

Dale Pollak, the founder of vAuto, will deliver the keynote address at the National Automotive Finance (NAF) Association's 15th Annual Below-Prime Auto Financing Conference, scheduled for June 1-3 at the Omni Fort Worth Hotel.

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F&I•by Staff•May 10, 2011

KBB.com: Dramatic Increase in Used-Vehicle Prices

Kelley Blue Book, a provider of new- and used-car information, said that used vehicles are more expensive than ever, as covered in the company’s Blue Book Market Report for May 2011.

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F&I•by Staff•May 5, 2011

DealerTrack Wins AFIP Industry Membership

DealerTrack, a provider of software and services for the automobile industry, was awarded a free industry membership to the nonprofit Association of Finance & Insurance Professionals during a special drawing held at the eighth annual Housing & Auto Finance Workshop.

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F&I•by Staff•May 5, 2011

Safe-Guard Promotes Barkowitz to CEO, Duncan to President

Safe-Guard Products International LLC, a third-party administrator of ancillary F&I products, announced that Randy Barkowitz has been promoted to chief executive officer and David Duncan has been promoted to president.

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Auto Finance•by Staff•May 5, 2011

Wolters Kluwer Launches Indirect Lending Directory

Wolters Kluwer Financial Services has launched the Indirect Lending Directory, a listing of more than 600 lenders that accept and use the company’s retail installment contracts to document the financing of automobiles, boats, RVs and powersports vehicles.

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Auto Finance•by Staff•May 5, 2011

GM Financial Posts First Quarter Profit Increase

General Motors Financial Company Inc. reported net income of $77 million for the quarter ended March 31, 2011, up from $63 million in the year-ago period.

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F&I•by Staff•May 5, 2011

April Consumer Bankruptcy Filings Fall 7 Percent

April consumer bankruptcies decreased 7 percent nationwide from April 2010, according to the American Bankruptcy Institute.

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Auto Finance•by Staff•May 4, 2011

Equifax Data Indicates Widespread Credit Growth

Multiple portfolio metrics indicate that the U.S. credit market is stabilizing and is growing, according to Equifax's monthly “National Credit Trends Report” for March 2011.

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Digital•by Staff•May 4, 2011

DealerTrack Expands E-Title and Registration Services to Illinois

DealerTrack Inc. today announced that it will be launching DealerTrack’s Online Registration System in Illinois.

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