IRVINE, Calif. — What top executives said was the company's first quarter of organic sequential revenue growth since 2007, Consumer Portfolio Services posted in third-quarter gains in earnings, revenue and new contracts purchases. The company tabulated that its earnings came ... [Read More]

DETROIT — Less than seven days after announcing it was selling insurance business interests in Mexico, Ally Financial on Tuesday reached an agreement to sell its Canadian auto finance operation, Ally Credit Canada, and ResMor Trust to Royal Bank of ... [Read More]

DEARBORN, Mich. — Ford Motor Co. announced this week that Mike Bannister, executive vice president and chairman and chief executive officer of the OEM's financial arm, Ford Motor Credit Co., has elected to retire effective Jan. 1. After 39 years ... [Read More]

ATLANTA — Manheim chief economist Tom Webb projected repossession volumes will climb next year while also explaining why that growth will be tempered. Webb estimated a "relatively small increase" in repossession volume for 2013, "say in the neighborhood of 75,000 ... [Read More]

RANCHO SANTA MARGARITA, Calif. — Finance Express recently rolled out a free Android version of its FEX Mobile App solution. Officials highlighted the DMS mobile application is tightly integrated with FEX DMS and can allows dealers to quickly scan and ... [Read More]

BENTONVILLE, Ark. — America's Car-Mart recently broadened its network of buy-here, pay-here dealerships in Mississippi. Car-Mart's newest location is in Oxford, Miss., bringing the company's total to 117 stores throughout the Southeast. "Oxford is our fourth location to open in ... [Read More]

ATLANTA — General recommendations about what dealers should do when a buyer files for bankruptcy, how successful stores keep quality employees and operators who are starting their tax season before Halloween comprised the opening day of content at the NABD ... [Read More]

NASHVILLE, Tenn. — After launching itself as a recovery management and skip-tracing services provider back in March, Primeritus Financial Services acquired another industry player on Thursday — Renovo Services. Primeritus executive vice president of sales and marketing Joe Mappes said ... [Read More]

McLEAN, Va. — While documents filed with the Securities and Exchange Commission this week confirmed Capital One Auto Finance will have a new president as of Nov. 1, the company watched its auto loan originations soften during the third quarter. ... [Read More]

ATLANTA — Equifax contends that automotive lenders can now receive unprecedented levels of marketing intelligence to more effectively prescreen and target prospective consumers for pre-approved offers with its newest tool rolled out this week — True In-Market Propensity (TIP) Scores. ... [Read More]