Articles for News

Auto/Mate Announces Integrated Service Pricing Guides (SPG’s) for AMPS Dealership Management System for Auto Dealers

Wednesday, September 14, 2011
Auto/Mate Dealership Systems announced the addition of a Service Pricing Guide module into its dealership management system’s (DMS) Service System.

iPhone Application Launched to Assist Dealers in Purchasing Vehicles at Auction

Thursday, September 08, 2011
American automobile dealers can use a newly launched iPhone application to determine which vehicles to buy at auction based on customizable criteria. Bidzpin was launched Wednesday (Sept. 7).

George Dans Announced as Speaker at 2011 Special Finance Conference

Friday, September 02, 2011
Special Finance Insider is pleased to announce the addition of George Dans as a speaker at the upcoming 2011 Special Finance Conference, part of the Industry Summit 2011 by F&I and Showroom, to be held September 26-28, 2011 at the Las Vegas Hilton.

New Vehicle Loans for Subprime Consumers Increase by 22.4 Percent in Q2 2011, According to Experian Automotive

Tuesday, August 30, 2011
Experian Automotive today announced that lenders continued to increase their appetite for risk in Q2 2011, with new vehicle loans for customers with credit outside of prime increasing by 22.4 percent, when compared to the previous year.

Paul Potratz Announced as Speaker at 2011 Special Finance Conference

Thursday, August 18, 2011
Special Finance Insider is pleased to announce the addition of Paul Potratz as a speaker at the upcoming 2011 Special Finance Conference, part of the Industry Summit 2011 by F&I and Showroom, to be held September 26-28, 2011 at the Las Vegas Hilton.

Exeter Finance Acquired by Blackstone, Secures $600 Million Line of Credit

Wednesday, August 17, 2011
Exeter Finance Corp., a specialty auto finance company, announced it has been acquired by Blackstone from Navigation Capital Partners (NCP).

GWC Warranty Partners with Universal Lenders to Introduce New Aftermarket Financing Plan

Wednesday, August 17, 2011
GWC Warranty, a leading vehicle service contract provider, has partnered with Universal Lenders LLC to provide Dealers across the country with “The ZERO Plan,” an interest-free financing option for GWC Vehicle Service Contracts.

Joe Courrege Announced as Speaker at 2011 Special Finance Conference

Wednesday, August 17, 2011
Special Finance Insider is pleased to announce the addition of Joe Courrege as a speaker at the upcoming 2011 Special Finance Conference, part of the Industry Summit 2011 by F&I and Showroom, to be held September 26-28, 2011 at the Las Vegas Hilton.

Flagship Credit Acceptance Appoints Two Sales Executives to Lead Expanding National Sales Force

Tuesday, August 16, 2011
Flagship Credit Acceptance, a leading national indirect automobile finance company headquartered near Philadelphia, today announced the addition of two key sales executives to help lead an expanding national sales force and continue growing its expanding nonprime and subprime auto loan origination platform.

Interactive Financial Marketing Group Announces New Additions to Management Team

Wednesday, August 10, 2011
Interactive Financial Marketing Group (IFMG), a division of Dominion Enterprises, today announced that it has added two automotive industry veterans to its company leadership in a move that augments its ability to support its dealer partners.

Special Finance Industry Expert Greg Goebel to Moderate 2011 Special Finance Conference

Wednesday, August 03, 2011
Special Finance Industry Expert Greg Goebel will moderate the upcoming 2011 Special Finance Conference, presented by Special Finance Insider and part of the Industry Summit 2011 by F&I and Showroom, to be held September 26-28, 2011 at the Las Vegas Hilton.

Travis Miller and Jimmy Vee Announced as Speakers at 2011 Special Finance Conference

Wednesday, July 27, 2011
Special Finance Insider is pleased to announce the addition of Travis Miller and Jimmy Vee as speakers at the upcoming 2011 Special Finance Conference, part of the Industry Summit 2011 by F&I and Showroom, to be held September 26-28, 2011 at the Las Vegas Hilton.

DealerTrack Enhances Dealer Compliance Workflow with New Tools to Support Dodd-Frank Act Requirements

Tuesday, July 26, 2011
DealerTrack today announced the addition of free functionality to the DealerTrack Performance Suite that enables dealers to comply with the Dodd-Frank Wall Street Reform and Consumer Protection Act, which went into effect on July 21, 2011.

John Palmer Announced as Speaker at 2011 Special Finance Conference

Wednesday, July 20, 2011
Special Finance Insider is pleased to announce the addition of John Palmer as a speaker at the upcoming 2011 Special Finance Conference, part of the Industry Summit 2011 by F&I and Showroom, to be held September 26-28, 2011 at the Las Vegas Hilton.

GWC Warranty Corporation and Southern Auto Finance Company Form Strategic Alliance

Wednesday, July 13, 2011
GWC Warranty Corporation (GWC) and Southern Auto Finance Company (SAFCo) announce their vehicle service contract strategic alliance.

National Independent Automobile Dealers Association Supports Passage of Right to Repair Act

Wednesday, July 13, 2011
The National Independent Automobile Dealers Association (NIADA) strongly urges Congress to pass the Motor Vehicle Owners' Right to Repair Act (HR 1449) on behalf of its over 20,000 members.

Westlake Announces Major Partnership with Marubeni

Wednesday, July 06, 2011
Westlake Financial Services announces a partnership with Japanese conglomerate Marubeni Corporation. The partnership will result in Marubeni taking a 20 percent ownership stake in Westlake in a deal valued at $250 million dollars in newly issued equity.

Prestige Financial Establishes a $150 Million Funding Facility with Wells Fargo Securities

Tuesday, July 05, 2011
Prestige Financial has established a $150 million funding facility with Wells Fargo Securities. The new arrangement provides a substantial source of liquidity to fund the Salt Lake City-based auto finance company’s consumer lending and loan servicing activities in 25 states.

CarFinance Capital Rolls Out in Texas

Tuesday, June 28, 2011
CarFinance Capital LLC, a new, specialized provider of non-prime auto financing for automotive dealers, today announced that it has launched in Texas.

Flagship Credit Acceptance Announces National Program for Subprime Loan Portfolios

Tuesday, June 28, 2011
Flagship Credit Acceptance, a national indirect automobile finance company, today announced the rollout of a program to purchase existing nonprime and subprime auto loan portfolios ranging from $5 million to in excess of $250 million from auto dealers and finance companies across the country.

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