OCALA, Fla. — In keeping with its goal of providing professional certification and compliance training documents to the collateral recovery and lending industries, Recovery Industry Service Co., has been working with the National Alliance of Buy-Here, Pay-Here Dealers to provide ... [Read More]

HAUPPAUGE, N.Y. — Officials from cuautocoupon — a company aimed at driving organic auto loan growth for credit unions while fostering stronger relationships with dealerships — recently announced the signing of three new California credit unions. The company's growing network ... [Read More]

CARY, N.C. — SubPrime Auto Finance News not only has a digital magazine, the publication now has apps so you can download, read and share the new offering more easily. The apps are available to use on your iPhone, iPad, ... [Read More]

ATLANTA — Manheim economist Tom Webb said it's "quite easy and quite logical to assume" that used-vehicle retail sales will hit an all-time high before 2015. Webb backed up his projection by highlighting how used-vehicle retail sales during the first ... [Read More]

SAN ANTONIO and BANDON, Ore. — While CNW Research found the used-vehicle industry produced its best March sales performance since 2002, a USAA survey showed the majority of younger potential car buyers might not be spending their tax refund at ... [Read More]

BENTONVILLE, Ark., and EDINA, Minn. — With tax season in full swing, buy-here, pay-here dealership chains America's Car-Mart and CarHop added more locations. In fact, Car-Mart opened two lots — one in Florence, Ala., and the other in Kirksville, Mo. ... [Read More]

WOODCLIFF LAKE, N.J. — A New Jersey dealership is the first store to start the nationwide launch of eContracting by Mini Financial Services, a division of BMW Group Financial Services. The captive is launching the solution at Prestige Mini in ... [Read More]

ALEXANDRIA, Va. — The American Bankruptcy Institute said total bankruptcy filings in the United States decreased 16 percent year-over-year during the first quarter. According to data provided by Epiq Systems, bankruptcy filings totaled 263,516 in the first quarter, down from ... [Read More]

DETROIT and FORT WORTH, Texas — General Motors Financial announced this week that it has completed the acquisition of equity interests in the top-level holding companies that comprise substantially all of Ally Financial's auto finance and financial services business in ... [Read More]

IRVINE, Calif. — CarFinance Capital renewed and increased its warehouse credit facility this week from $200 to $300 million. Officials highlighted the increased credit line — which is being provided by Deutsche Bank and Credit Suisse — further bolsters the ... [Read More]