DAYTON, Ohio — Similar to a relationship reinforced in Pennsylvania, Reynolds and Reynolds expanded its strategic alliance with the California New Car Dealers Association today. Officials added the Reynolds LAW 553 Universal Retail Sale Contract to the LAW California F&I ... [Read More]

LAKE SUCCESS, N.Y. — Dealertrack Technologies recently hit a new milestone with the number of active lenders connected to its Dealertrack Credit Application Network. Officials indicated the level now exceeds 1,300 lenders. The Dealertrack Credit Application Network, which has grown ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE NEW YORK — When company leadership highlighted its first-quarter performance earlier this week, Ally Financial discussed its objectives for continuing to work with Chrysler franchised dealers even though its exclusive agreement with ... [Read More]

WASHINGTON, D.C. — Extended warranties and other products appear to be the next regulatory target in the F&I office, according to a report by the Wall Street Journal. The report indicated officials familiar with a Consumer Financial Protection Bureau investigation ... [Read More]

CARY, N.C. — Planning on attending the Used Car Week 2013 conferences? Along with a new event focused the subprime finance industry, attendees are in for a treat, as the Used Car Week Golf Outing will be held this year ... [Read More]

PHOENIX — Coming off a quarter when the company sold 2 percent more vehicles, DriveTime Automotive Group recently opened its newest store, branching deeper into Georgia. DriveTime's newest location is located at 5935 Veterans Parkway in Columbus, Ga. The company ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 SOUTHFIELD, Mich. — After closing a quarter when the company posted strong gains in both consolidated and adjusted net income, Credit Acceptance Corp. leaders reflected on how they arrived at those ... [Read More]

DALLAS — The new private-label, full-service lending program of Santander Consumer USA and Chrysler Group officially launched today. Chrysler Capital is designed to offer a broad spectrum of financing services for Chrysler customers and dealers. Under a 10-year, private-label agreement ... [Read More]

NEW YORK — As expected by Fitch Ratings, U.S. auto ABS posted "stellar" seasonal results in March. Fitch indicated both losses and delinquencies declined across prime and subprime auto ABS even as used-vehicle values softened, a trend analysts are expecting ... [Read More]

PHOENIX — MBSi Capital, the developer of the Re-Pros and iRepo repossession software suites, rolled out what it's calling the repossession industry's first full-featured mobile application. The company highlighted the solution can enable repossession companies to manage and update assignments ... [Read More]