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NewsOctober 21, 2010

California New-Car Sales Recovering

The California New Car Dealers Association (CNCDA) announced that registrations of new cars and trucks in California continued to increase through the third quarter.

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NewsOctober 5, 2010

Finance Express Adds ACS Financial to Lender Platform

Finance Express, a provider of Web-based financial services and technology for independent dealerships, has added ACS Financial to its lender platform.

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NewsOctober 4, 2010

Consumer Buying Habits Changing, Survey Says

More consumers are purchasing cars out of necessity and have less brand and dealer loyalty, according to a recent survey by Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc.

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NewsSeptember 30, 2010

SNAAC Receives $200 Million Credit Facility From Wells Fargo, Fifth Third

Security National Automotive Acceptance Corporation (SNAAC) has secured a $200 million revolving credit facility from Wells Fargo Preferred Capital and Fifth Third Bank.

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NewsSeptember 30, 2010

NADA Online Optimized for Smartphones

NADA Online, the online product for valuations of used cars and trucks from NADA Used Car Guide, is now optimized for smartphones, including iPhones, iPads, Androids and Palm Pre/Pixies.

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NewsSeptember 28, 2010

Used-Vehicle Sales Drop in September, CNW Says

Weighed down by a significant decline in private-party sales, used-vehicle sales are expected to drop 3.7 percent in September, according to CNW Research.

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NewsSeptember 28, 2010

Demand High, Approval Rates Low for Subprime

The latest figures from CNW Research indicate that car buyers with FICO scores below 619 are still having a tough time obtaining new and used financing.

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NewsSeptember 22, 2010

Wells Fargo Provides K STReet Finance With $12 Million Credit Line

Wells Fargo Preferred Capital, a subsidiary of Wells Fargo & Company, has provided a $12 million revolving credit facility to K STReet Finance Inc.

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NewsSeptember 17, 2010

September Car Sales Soft After Strong Labor Day Weekend

New-car buyers flocked to dealerships for Labor Day weekend sales but have largely stayed away since then, according to Edmunds.com.

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NewsSeptember 7, 2010

Strong Consumer Interest in Purchase of Green Cars, Autobytel Says

When it comes to new-car purchases, consumers who are concerned with environmental responsibility and economic stability believe they can meet their needs with the purchase of a green car, according to Autobytel’s recent "What’s Hot Now" report.

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