Articles for News

Chase Auto Finance Names Martinez as San Diego Business Center Manager

Friday, October 23, 2009
Chase Auto Finance has named industry veteran Cesar Martinez as manager of its Custom Finance Business Center, 10790 Rancho Bernardo Road, San Diego. He can be reached at (858) 677-4809.

Chase Auto Finance Names Martinez as San Diego Business Center Manager

Friday, October 23, 2009
Chase Auto Finance has named industry veteran Cesar Martinez as manager of its Custom Finance Business Center, 10790 Rancho Bernardo Road, San Diego. He can be reached at (858) 677-4809.

SmartAuction Signs Deal with CenterOne Financial Services

Wednesday, October 21, 2009
SmartAuction, the remarketing industry’s leading, upstream wholesale auction Web site, has signed a deal with CenterOne Financial Services LLC (CenterOne) to begin listing its off-lease vehicles for sale.

Finance Express has Fully Integrated with National Auto Care Corp.

Wednesday, October 21, 2009
Finance Express, the leading provider of web-based financial services and technology for independent auto dealerships, announced today that NAC(National Auto Care Corp.), a leader in service contract sales and administration with over 25 years of experience in the industry, will be incorporating its products and services into their dealer management platform.

Finance Express has Fully Integrated with National Auto Care Corp.

Tuesday, October 13, 2009
Christina Schrank, Director of Operations at NAC, stated, “Partnering with Finance Express will seamlessly allow us to provide our mutual dealer customers with quality product options with improved efficiency, accuracy and speed.”

The 2009 Special Finance Convention

Saturday, October 10, 2009
Dealers who took the opportunity to attend the 2009 Special Finance Convention from August 9th to 11th in Dallas, Texas, came to the show with open minds and ears. They wanted to hear what people from all sides of the industry – finance company representatives, trainers, vendors and other dealers – had to say.

VehicleXpress and Interstate Team up to Offer MOPS Program to Dealers

Tuesday, September 29, 2009
VehicleXpress today announces their partnership with Interstate National Dealer Services to offer a Missed Opportunity Program (MOPS) to dealers registered with the VehicleXpress DMS platform.

EZ Dealer Finance Announces Multiple Used Car Leasing Sources for its Application Lending System

Monday, September 28, 2009
EZ Dealer Finance, a provider of automobile lending and leasing solutions, today announced the addition of multiple used car leasing sources for EZ Dealer Application System. EZ Dealer Finance takes the guesswork out of loan and lease applications and proactively turns applications into sales.

Vehicle Acceptance names National Sales Director and Indianapolis Branch Manager

Thursday, September 24, 2009
Vehicle Acceptance Corporation is announcing the appointment of Mr. Allan Couch to National Sales Director and Mr. Jeff Baldwin as Branch Manager of their newest office location in Indianapolis, Indiana.

The Differences Between AirCheckTexas Drive a Clean Machine Program and CARS (AKA “Cash For Clunkers”)

Wednesday, September 23, 2009
In 16 Texas counties in and around Dallas, Austin and Houston, qualifying Texans can apply for vouchers worth $3,000 or $3,500 to apply to the purchase of a new or late-model used vehicle.

Webinar Sheds Lighton Loan Originations

Wednesday, July 15, 2009
A recent Webinar titled, “Non-Prime Auto Finance Industry Update,” presented by the National Auto Finance Association, shed some light on the happenings of the industry during the second and third quarters of 2008.

AmeriCredit Breaches Covenant, Waiver in Effect Until Early March

Monday, July 13, 2009
“As we highlighted in our first quarter earnings conference call in October, we have an 8.5 percent rolling six-month portfolio net credit loss covenant in our warehouse lines … While results are not final, we anticipate that we may breach this covenant this month and are working with our warehouse line providers to obtain waivers and amend the warehouse facilities.”

Taking the Dealer Plight to Capitol HIll

Friday, May 01, 2009
On Thursday, March 19, 2009, Bob Cockerham – a Kia dealer from Santa Fe, N.M. – testified as a part of the “Perspectives from Main Street on Small Business Lending,” held by the U.S. Senate Committee on Small Business and Entrepreneurship. His testimony focused on making credit more accessible to small businesses owners.

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