DealerRater recently announced two key additions to its senior management team on the heels of the company’s unprecedented growth throughout North America in 2011. The company tabulated the number of consumer reviews posted on DealerRater has more than doubled in the past year to more than 550,000. Meanwhile, the number of visitors to the site […] [Read More]

ARLINGTON, Texas — Earlier today, SFG Finance launched a new loyalty program and formed an alliance with Subprime Analytics. As part of the alliance, the purchaser of paper from buy-here, pay-here finance companies, banks and credit unions indicated thousands of dealers now will have access to the SFG Finance National Subprime Loan Portfolio Program. SFG […] [Read More]

SOUTHFIELD, Mich. — Designed to streamline processes for Volkswagen and Audi dealers, Open Dealer Exchange today announced an integration partnership with VW Credit. The technology company for lenders, F&I product providers and dealers explained the partnership includes processing credit application and contract data within the dealer management system as part of VW Credit's FinanceSource dealer […] [Read More]

DALLAS — ASEDA Fleet has partnered with AutoNation to offer affordably priced new and used vehicles for members of Native American and Alaska Native Tribes. The program, which can be accessed online, started last week in California, Alaska and Florida. Through this joint effort, officials explained accredited tribal members will be able to search online […] [Read More]

CARY, N.C. – In what has become tradition, SubPrime Auto Finance News is looking to highlight the top companies in the industry in an upcoming issue. Whether a lender, floor planner, GPS provider or another type of vendor, the publication will consider all types of companies that work in the auto financing space. "I am […] [Read More]

AR: Where was home for you growing up? Costabile: Actually, it might be surprising to some, but I grew up right here in Michigan … in Flint, which is only about an hour north of Detroit. I’ve lived in a number of other places in between, but I am a Michigan girl at heart. AR: […] [Read More]

AR: Tell us a little about where you grew up. Schwartz: Home was in Columbus, Ohio, the son of two immigrant parents. My mother and father were both born in Poland. An interesting story is that they both were Holocaust survivors and  met in Germany after the war (World War II). AR: Let’s pause there […] [Read More]

AR: Tell us where you grew up. Smith: The nearest real town was Rocky Mount, N.C., about 60 miles east of Raleigh. I actually grew up in a rural community called Dortches, which had a population of about 300. [Read More]

On Thursday afternoon, Manheim revealed it is purchasing Dealer Services Corp. of Indiana in an effort to “reinforce its commitment to provide inventory financing to independent dealers.” The deal is designed to complement the lending Manheim already offers via its financial services arm — Manheim Financial Services. “Manheim is always looking for ways to enhance […] [Read More]

Automotive retailer AutoNation revealed Thursday it finished the year off on a strong note breaking all-time company records, as well as posting fourth quarter gains for 2011. The numbers reveal that rises in used-vehicle sales during the last three months of 2011, as well as the overall year, contributed to a climb in both adjusted net […] [Read More]