SALT LAKE CITY — Prestige Financial revealed Thursday the company expanded its subprime lending programs to include eight more states. Dealerships in the following states now can use Prestige Financial's services: New Jersey, Wisconsin, Alabama, Kentucky, Kansas, Hawaii, Montana and Wyoming. Officials highlighted the broadened footprint brings the number of states in which the company […] [Read More]

FARMINGTON HILLS, Mich. — Having unveiled a free mobile application for the iPhone during the third quarter of last year, RouteOne this week rolled out another free app — this time for Android. RouteOne explained its Android app can help dealers view and manage all deals and leads, whether in the F&I office, on the […] [Read More]

MIAMI, Fla. — For the first time since the recession began, LeaseTrader.com reported that it saw the rate of credit application approvals increase for first-time customers during the final quarter of the year. Credit application approvals grew by 4.5 percent since the start of October and have continued into positive territory for 2011, according to the company. […] [Read More]

FORT WORTH, Texas — General Motors Financial/AmeriCredit announced latest financial results on Thursday, and in addition to revealing the company is looking to expand its prime lease program to near-prime and subprime customers, officials said quarterly loan originations are starting to come close to the $1 billion mark. The origination level for the December quarter came […] [Read More]

Experian Automotive has rolled out a new social-media website for car enthusiasts that is largely built around sharing vehicle histories, which can often be crucial in fostering greater confidence among consumers. CheckMyRide.com allows members to create personal vehicle time lines, find out where their old rides are now and swap stories about cars via Facebook […] [Read More]

DealerApp Vantage recently revealed its significant growth during its first year of operation, highlighting how more than 230 dealers nationwide adopted Dealer App, its mobile solution. Executives discovered the number of apps sold to dealers from January of last year through last month soared beyond 3,500 percent, surpassing the 100,000-download threshold.  The software development company […] [Read More]

Canadian auto finance company RIFCO recently announced record financial results for the third quarter ending Dec. 31, 2010, including record revenue, record net income, record loan originations, record managed assets, record low interest costs, record book value per share and a record of $90 million in available credit facilities. The company also noted that it […] [Read More]

The general manager at Classic Chevrolet outside of Dallas — the No. 1 volume Chevy dealership in the U.S. for the five consecutive years — doesn’t think he has some secret formula. Hagen Durant declared how proud he is of what the store team has achieved during the past half-decade because of one primary strategy […] [Read More]

TRADER Corp. last week announced the launch of Autos.ca, a new Canadian website  featuring automotive information for consumers and advice on making smart car purchase decisions. Officials said the site combines the strength of CanadianDriver.com’s car reviews and tips from Canadian automotive journalists with AutoTrader.ca’s Canadian car inventory. "Building on the strength of CanadianDriver’s strong […] [Read More]

Executives from some of Canada’s leading remarketing companies will be on hand at the 2011 Auto Remarketing Canada conference to provide their thoughts about sourcing vehicles in the wholesale market. [Read More]