SAN DIEGO — As the subprime vehicle finance industry continues to gain steam, organizers of Used Car Week 2013, presented by Auto Remarketing and SubPrime Auto Finance News, responded with a new event at one of the premier U.S. destinations. ... [Read More]

MINNEAPOLIS — van Wagenen Financial Services rolled out two new insurance products aimed at boosting its offerings to both dealers and lenders. Aimed at riding the rapid growth trajectory with the subprime lending market, van Wagenen released a point of ... [Read More]

ALEXANDRIA, Va. — The American Bankruptcy Institute found that total bankruptcy filings in the United States for May decreased 12 percent year-over-year. Drops at that level or higher have been reported during four of the first five months of 2013. ... [Read More]

FORT LAUDERDALE, Fla. — AutoUSA Internet Sales Solutions recently introduced Shop-By-Payment for Payment Pro, powered by DriveItNow, a patent-pending payment marketing tool that offers consumers a new way to shop on dealer websites. The company explained that when a customer ... [Read More]

IRVINE, Calif. — Spireon, makers of the GoldStar GPS solution intended to help dealers and auto finance companies keep closer tabs on vehicles, announced a major management change today, revealing the transition to a new chief executive officer. The company ... [Read More]

ENGLEWOOD, Colo. — IHS Inc. entered a definitive agreement to buy Carfax parent company R.L. Polk & Co., in a $1.4 billion transaction. Officials said as a part of today's announcement that the deal must first go through customary closing ... [Read More]

FARMINGTON HILLS, Mich. — Now operating in 19 states, Atlanta-based Global Lending Services became integrated with RouteOne last week. Officials explained that dealers with a relationship with GLS — a subprime lending company that provides financing to both franchised and ... [Read More]

BENTONVILLE, Ark. — America's Car-Mart began the process of adding 12 more stores to its buy-here, pay-here dealership network during its current fiscal year by recently opening its 125th location. The newest lot is located in Grove, Okla., raising Car-Mart's ... [Read More]

PHILADELPHIA — VINtek, a provider of collateral management services, electronic lien and title (ELT) services and direct finance processing for automotive lenders, has been selected by Deere Employees Credit Union as its provider of automotive collateral management services, including ELT.    ... [Read More]

LAKE FOREST, Calif. — National Creditors Connection recently formalized a strategic alliance with Del Mar Recovery Solutions to perform repossession agent on-site inspections. In this strategic alliance, officials explained NCCI will assume on-site inspection responsibilities of repossession lots for Del ... [Read More]