Articles for News
Monday, June 13, 2011
DealerTrack announced the company will offer an unprecedented $25,000 Red Flags Guarantee to current and new subscribers of its Compliance Solution.
Thursday, May 26, 2011
Experian Automotive today announced findings from its quarterly analysis of the automotive credit industry. The latest report shows that the share of loans to credit-challenged new vehicle shoppers grew by 11.1 percent in Q1 2011 compared with Q1 2010.
Wednesday, May 25, 2011
OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, announced it has expanded its relationship with AutoUpLinkUSA/AULtec to create an even more integrated wholesale vehicle management solution for faster sales for a wider audience of dealers.
Wednesday, May 25, 2011
DealerTrack AAX, Inc., a subsidiary of DealerTrack Holdings, Inc., today announced that it has signed an agreement to acquire substantially all the assets of eCarList LLC, a leading provider of inventory management and merchandising solutions for automobile dealerships.
Wednesday, May 18, 2011
NCM Associates, a leading provider of retail automotive 20 Group services, Education, Retail Operations Consulting and the originator of the NCM Benchmark® for Success program for automobile dealers, today announced the development of four new education programs for Buy Here, Pay Here (BHPH) dealers and managers.
Wednesday, May 11, 2011
CarFinance Capital LLC, announced that it has launched as a new, specialized provider of non-prime auto financing for automotive dealers. The Irvine, California-based company is led by an experienced management team who previously built one of the largest U.S. auto finance companies ...
Thursday, April 14, 2011
Special Finance Conference to Join 8th Annual F&I Conference and Expo at Industry Summit in Las Vegas, NV in September
Tuesday, March 29, 2011
Prestige Financial Services, Inc. has completed its eighth rated term securitization, issuing $221,620,000 in notes backed by $225,568,960 in sub-prime automobile installment receivables.
Tuesday, March 29, 2011
The National Independent Automobile Dealers Association and Constellation Automotive Solutions are pleased to announce an education and training resources partnership designed for NIADA members.
Monday, March 14, 2011
American Recovery Association, Inc. (ARA), the world’s largest association of recovery and remarketing professionals, is proud to announce a record-breaking number of attendees and an astounding amount of money raised helped make its premier third annual industry event, the North American Repossessors Summit, a success.
Friday, March 11, 2011
Santander Consumer USA, a subsidiary of Banco Santander and owner of the RoadLoans.com brand, has released its second free mobile application for consumers shopping for automobiles – this time with an app for phones that run the Android operating system.
Thursday, March 10, 2011
FICO, the leading provider of analytics and decision management technology, today announced that the auto industry is synchronously migrating to the FICO® 8 Auto Score, with most lenders completing the adoption process by May.
Wednesday, March 09, 2011
Autobytel Inc. and Kelley Blue Book today announced an extension of their current relationship by expanding Kelley Blue Book’s auto finance offerings through Autobytel’s website, Car.com(SM).
Wednesday, March 09, 2011
U.S. auto asset quality defied seasonal pressures and demonstrated year-over-year improvements in the fourth quarter of 2010, according to Fitch Ratings. The improvement was led by a continuation of positive factors including tighter underwriting standards in more recent vintages and strong recoveries on defaulted and repossessed vehicles.
Wednesday, March 02, 2011
Interactive Financial Marketing Group (IFMG), a division of Dominion Enterprises, announced it has launched a mobile version of Carloan.com, its premier auto financing site.
Thursday, February 24, 2011
Prestige Financial announced today that it will make its innovative subprime lending programs available to dealerships in New Jersey, Wisconsin, Alabama, Kentucky, Kansas, Hawaii, Montana and Wyoming.
Wednesday, February 23, 2011
Vehicle Acceptance Corporation (VAC), one of the nation’s leading Buy-Here-Pay-Here payment stream lenders, is expanding its relationship with iMETRIK Automotive Solutions by joining the company’s recently launched “Pay Share” program.
Wednesday, February 09, 2011
Steven P. Drury, 47, of Vancouver, Washington, was sentenced in U.S. District Court in Tacoma to two years in prison and three years of supervised release for money laundering. Judge Benjamin H. Settle ordered Drury to pay $219,000 in restitution to various car dealers who were victimized in the scheme.
Wednesday, February 09, 2011
Prestige Financial Services and www.OnlineBKmanager.com announce a partnership intended to increase automobile dealer’s ability to efficiently deliver vehicles and supply financing for bankruptcy customers.
Wednesday, February 02, 2011
vAuto announces today that its customers can now quickly and efficiently source used vehicles available at Manheim operating locations with the ability to access Manheim run lists from within vAuto’s proprietary stocking module.