A new report from Credit Union Direct Lending (CUDL) shows that the firm’s affiliated credit unions collectively represented the United States’ No. 5 source for auto loans in 2009.
CUDL, which administers the nation’s largest auto lending network for credit unions, will represent its more than 750 partnering credit unions at the 2010 National Automobile Dealers Association (NADA) Convention.
CUDL, the administrator of a credit union lending network, announced that its AutoSMART Program and Website, www.cudlautosmart.com, was presented with Summit International’s 2009 Marketing Effectiveness Award (MEA).
Yamaha Motor Corp. U.S.A. formed a new partnership with CUDL, which will allow Yamaha dealers and customers to secure retail financing on Yamaha’s powersports products through CUDL credit unions.
CUDL, which administers a point-of-sale and indirect auto-lending network for credit unions, has partnered with Kia Motors America (KMA) to provide credit union members with discounts on new vehicle purchases.
Dealers and industry executives address questions about the future of the auto industry and the U.S. economy at the 2009 NADA Convention and Expo.
So it’s official. We’re in a recession and have been since December 2007, according to the National Bureau of Economic Research (NBER).
With all the bad news floating around, crawling into a hole really doesn’t sound like a bad idea these days. However, that’s not what businesses do. And it’s clear by some of the more positive news out there that industries aren’t ready to throw in the towel.
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