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Chrysler Financial Launches New Online Credit Application
Monday, Aug. 28, 2006, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — Chrysler Financial has streamlined its online credit application process for consumers, executives announced Monday. The new application provides consumers with a six-step process to request approval for an auto loan. "The goal of this new online credit application is to simplify the online process by providing consumers with a user-friendly experience, […] [Read More]
DealerTrack Announces Proposed Public Offering of Common Stock
Monday, Aug. 28, 2006, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack Holdings announced it has filed a registration statement with the Securities and Exchange Commission relating to the proposed public offering of 9 million shares of its common stock. DealerTrack is offering 2.75 million shares and selling stockholders are offering 6.25 million shares. The selling stockholders have granted the underwriters the […] [Read More]
DesRosiers Discusses Canadian Fleet Market’s Impact on Used Market
Friday, Aug. 25, 2006, 12:00 AM
Nick Zulovich
MISSISSAUGA, Ontario — The fleet market in Canada has been stronger than consumer sales for the first sixth months of the year and this trend is expected to continue, according to Dennis DesRosiers, president of DesRosiers Automotive Consultants. As for the impact of the higher fleet sales on the used market, as many in the […] [Read More]
Comerica Bank Expands Florida Auto Dealer Team
Friday, Aug. 25, 2006, 12:00 AM
Nick Zulovich
WESTON, Fla. — Comerica Bank announced that it has named Kimberly Wong as vice president of its national dealer services group. Wong will be responsible for providing customized financial services to dealerships in Florida, with a concentration on the Southeast coast. Executives said Wong served with the bank from 1998 to 2001, first in the […] [Read More]
Aimbridge Renews Partnership with Bay Pines Federal Credit Union
Friday, Aug. 25, 2006, 12:00 AM
Nick Zulovich
ENGLEWOOD, Colo. — Aimbridge Indirect Lending announced that it has renewed its partnership with Bay Pines Federal Credit Union to offer indirect auto lending services in the Tampa area. Aimbridge specializes in connecting credit unions with dealer networks to provide auto loans. "We very much appreciate the ongoing business relationship we have with Bay Pines […] [Read More]
RouteOne Thanks Dealers for Suggestions
Thursday, Aug. 24, 2006, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne said it made several recent enhancement to its Web-based credit application management system based on feedback from its dealer customers. According to executives, the changes further streamline RouteOne's platform, reducing entry time and improving the application submission process. The company said it made more than 120 improvements to the credit […] [Read More]
Ford Launches 0% APR Program for All Qualifying Consumers, Including Subprime
Wednesday, Aug. 23, 2006, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Ford is rolling out a zero-percent APR incentive program starting today called the Labor Day Sales Event that's available to all qualifying consumers, including those with subprime credit ratings, three Ford representatives confirmed Wednesday. The program kicks off today and runs until Sept. 5, offering zero-percent financing for up to 72 months on […] [Read More]
Cars.com Launches Free Webinar Series
Wednesday, Aug. 23, 2006, 12:00 AM
Nick Zulovich
CHICAGO — Cars.com announced its introducing a series of free monthly Webinars called dealeradvantage LIVE. These educational sessions are open to all dealers, regardless of whether or not they are a client of cars.com. Topics of the Webinars include how to use photos to promote inventory online to managing new car leads and more. "Car […] [Read More]
DealerTrack Names Von Pusch Senior VP of Customer Development
Wednesday, Aug. 23, 2006, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced the appointment of Rick Von Pusch to senior vice president of customer development. In this role, he will be responsible for understanding and fulfilling the current and future needs of DealerTrack's customers through the integrated efforts of its sales, marketing and customer support functions. Company executives said Von Pusch […] [Read More]
Credit Union Direct Featured at NRC 2006
Wednesday, Aug. 23, 2006, 12:00 AM
Nick Zulovich
CARY, N.C. — In response to rising industry interest, the 2006 National Remarketing Conference announces its plan to feature Evan Etheridge, national sales director for Credit Union Direct. Presenting workshops in two separate time slots, Nov. 1 at 3:00 p.m. and Nov. 3 at 10:00 a.m., Etheridge will share his knowledge of how credit unions […] [Read More]
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