Following the launch of the company’s iPhone app that has generated more than 1 million downloads since its debut in 2010, Cars.com  rolled out an app for the iPad on Wednesday. However, the app is not simply a reformatted iPhone app, the site contends. Just as shoppers tend to use iPhones for different purposes than […] [Read More]

IRVINE, Calif. — Earlier this week, Consumer Portfolio Services closed its second rated term securitization of the year. The company indicated the transaction is CPS's third senior subordinate securitization since 1993. In the transaction, officials explained qualified institutional buyers purchased $109,936,000 of asset-backed notes secured by automobile receivables purchased by CPS primarily in 2011. The […] [Read More]

IRVING, Texas — Online auto finance company myAutoloan.com recently revealed its newest consumer tool with the launch of its Interest Rate Estimator. The interest-rate widget aims to answer frequently asked questions consumers have about the intricacies of interest rates and credit issues. “We took a look at our most frequently asked questions and customers were asking: […] [Read More]

WAYNE, Pa. — Systems developer MaximTrak Technologies and software provider F&I Administration Solutions revealed they are partnering in an effort to allow dealers to electronically rate, contract and register contracts for all providers through the SCS Auto administration platform without having to leave the MaximTrak system. MaximTrak is a Web-based platform designed to enhance the […] [Read More]

WOODCLIFF LAKE, N.J. — As a way to hook young professionals to its brand, BMW Group Financial Services recently rolled out a new College Graduation Program that includes special incentives on certified pre-owned vehicles. The program encompasses both leases and loans and applies to new and certified pre-owned BMW and Mini vehicles as well as BMW motorcycles. […] [Read More]

Volkswagen Credit announced its new president and chief executive officer on Tuesday to replace the retiring Kevin Kelly in January. Promoted to the position is Andrew Stuart, currently the executive vice president and chief financial officer, a position he has held since 2009. Kelly will retire following 34 years of service. His time with Volkswagen […] [Read More]

Marketing provider eLEAD CRM recently entered into a partnership with Text2Drive for a product designed to allow dealers to engage customers through text messaging, the method they believe is the preferred form of communication for millions of consumers. Officials from eLEAD CRM reiterated Text2Drive is a solution that can allow consumers to search dealer inventories, […] [Read More]

After recently revealing the winners of this year’s Dream Car Art Contest, Toyota announced Tuesday that it will be holding the contest for the sixth year, as well as expanding the reach of the event to include 80 countries and regions. The automaker will be accepting entries from Oct. 1 to Jan. 31 for the […] [Read More]

According to one of Nissan’s top executives, the biggest problem the automaker faces today is “making enough cars.” In a recent interview, the automaker’s chief performance officer and executive vice president Colin Dodge noted that as of the end of August, production was up 150,00 units when compared to last year. Though that is a […] [Read More]

Greenway Automotive Group recently opened its 19th rooftop, launching San Antonio Dodge-Chrysler-Jeep to serve the south Texas market. The new showroom is located at 11910 IH-35 North and O’Connor, a site store management believes is easily accessible from all parts of town. “We are dedicated to not only meeting but exceeding the expectations of each […] [Read More]