Normal 0 false false false EN-US X-NONE X-NONE NEW YORK — Despite a bit of a dip as 2012 closed, Chase Auto Finance finished the year with a double-digit climb in auto originations. The company recently reported originations jumped by 11 percent to $23.4 billion, up from the $21.0 billion Chase generated in 2011. Chase […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE CLEVELAND — As buy-here, pay-here dealers continue to find new and improved ways to keep customers paying on their contracts, the Federal Reserve's Retail Payments Office recently announced plans to conduct a new study to determine the current volume and composition of electronic and check payments in […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE TORRANCE, Calif. — In the time leading up to Martin Luther King Jr. Day, Toyota Financial Services launched its first diversity and inclusion bond. Officials explained this new type of bond syndication will become a component of the company's comprehensive funding program, and is firmly in line […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE MANASSAS, Va., and RALEIGH, N.C. — Allied Finance Adjusters and Recovery Specialist Insurance Group announced their 2013 annual conferences will be a collaborative effort for three days of education, training, networking and entertainment. The event will be held at the Hyatt Regency Pier 66 Hotel in Fort […] [Read More]

Though industry analysts have found that wholesale prices are sitting at high rates as 2013 gets underway, these same experts do not expect hiked prices in the lanes to last for long. In fact, Kelley Blue Book's latest Blue Book Market Report said that as the effects of Hurricane Sandy begin to wane, wholesale values […] [Read More]

Auto Financial Group, an online provider of residual-based financing products for credit unions and banks, recently reported continued strong momentum for its DrivingSense balloon auto loan program by signing a dozen new institutions. The latest additions include Amplify Credit Union, APEX Community FCU, Citadel FCU, Commonwealth Credit Union, Dade County FCU, Evansville Teachers FCU, First […] [Read More]

VinSolutions has launched a new mobile CRM application— VinMobile 2.0 — that can help dealers stay connected with customers.  VinSolutions’ CRM customers can download the (iOS) app for free for their iPhone or iPad device via the Apple iTunes Store. [Read More]

Less than two months ago, Kelley Blue Book announced the 2013 model-year vehicle winners of its Best Resale Value Awards, and the Toyota and Lexus brands cleaned house, sweeping the awards for the second straight year. Interestingly enough, though, it was the third brand under the OEM’s umbrella that was earning the limelight in a […] [Read More]

As wholesale prices for luxury models softened in December, consumer shopping activity for these units strengthened. Six of the top seven used-vehicle segments and the three leading individual models highlighted in the December Hot Car Report from Kelley Blue Book all came within the luxury category. Premium sports cars paced KBB’s report as December shopping […] [Read More]

With consumers coming to expect a certain level of in-car technology, ranging from mobile offerings to satellite radio, it is becoming more and more important for used and new dealers to promote vehicle accessory sales. And one Toyota dealership serving the metro Boston region has focused on this profit avenue, in particular. According to accessory […] [Read More]