Financial

CARY, N.C. — Registration is now open for the Automotive Economic Forecast & Financial Forum, the newest automotive industry event from S&A Cherokee, publishers of the Auto Remarketing and SubPrime Auto Finance News media brands and owners of the Pre-Owned Auto Dealers Alliance. The forum will be held May 10-11 at the Chicago Marriott Downtown Magnificent […] [Read More]

IRVING, Texas — Further piecing together of what's been a fractured repossession industry is what the leadership of the American Recovery Association hopes to accomplish during the second annual North American Repossessors Summit. This year's version titled "The Future of the Recovery Industry: 2010 and Beyond," is open to any recovery agency whether they're members of […] [Read More]

NORTHBROOK, Ill. — Donlen Corp. has rolled out a new brand identity that features a new logo, tagline, Web site and blog, as well as an updated Donlen GreenKey Web site. Looking at some of the specifics to the rebranding, the new tagline for the company is "Ideas. Focus. Solutions." Officials said it is designed to […] [Read More]

DETROIT — General Motors as well as other automakers and a large financial institution dipped into their charitable checkbooks and gave substantial funds toward relief efforts in earthquake-rocked Haiti. The GM Foundation approved an immediate contribution of $100,000. The money was directed to the American Red Cross. The automaker also provided direct online access so its […] [Read More]

AUSTIN, Texas — Innovative Funding Services has welcomed a new chief operating officer to the company. Named recently to serve in the position was Robert McKie, who joined IFS from his previous post as vice president of sales at Wells Fargo Financial in Eden Prairie, Minn. In his most recent role with Wells Fargo, McKie headed […] [Read More]

DETROIT — Providing an update regarding its wholesale financing of Chrysler dealers, GMAC Financial Services said late last week that it has finished the formal underwriting for those who requested standard wholesale credit lines. Of the 1,474 U.S. Chrysler dealers that applied for this funding, the lender approved 94 percent. Breaking these numbers down a bit, […] [Read More]

CARMEL, Ind. — Dealer Services Corp. of Indiana made a few shifts in its management team recently, appointing Brian Geitner as chief executive officer. Geitner, who was previously the company's chief operating officer, replaced John Fuller, who kept his role as chairman of the board. Meanwhile, Marty McFarland, who had been the DSC of Indiana's chief financial […] [Read More]