STAMFORD, Conn. — GE Capital Retail Bank and KTM North America, a powersports unit manufacturer, recently announced a multi-year extension of their consumer financing program. GE Capital Retail Bank provides financial solutions to retailers and dealers to help grow their ... [Read More]

NEW YORK — Investment research firm DBRS expects that lenders will begin to loosen credit standards to achieve growth strategies as the auto finance market continues to improve, competition increases and credit availability resumes. As a result, the firm contends ... [Read More]

CINCINNATI — Swapalease.com highlighted this week that customer credit approvals based on U.S. bank data jumped 27.3 percent in 2012 compared with approval rates from the previous year. Most notably, the site pointed out that the last two months of ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE DETROIT — On Thursday, Ally Financial's board of directors declared quarterly dividend payments for certain outstanding preferred stock. These dividends are payable on Feb. 15. The company indicated a quarterly dividend payment ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE ATLANTA — Safe-Guard Products International, an F&I provider in the auto industry, announced recently it has been purchased from H.I.G. Capital by an affiliate of Goldman Sachs, in partnership with management. "Safe-Guard ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE WASHINGTON, D.C. — As the Federal Reserve determined the average interest rates on new-vehicle loans from commercial banks ticked to the lowest point in recent memory, the American Bankers Association's latest Consumer ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE BENTONVILLE, Ark. — America's Car-Mart increased its network of buy-here, pay-here dealerships on Tuesday by rolling out its 119th store in previously uncharted territory. The newest location and the fifth the company ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE ARLINGTON, Texas — SFG Finance announced Tuesday that the company's senior vice president of acquisitions, Robert Chickowski, will soon be retiring. Chickowski is stepping away from the company on Jan. 31. SFG ... [Read More]

PHILADELPHIA — VINtek recently highlighted the growing adoption of its VINtekTIME automotive collateral management system and processes as well as increased interest in its eSignature and eContracting solution by military-focused lenders, supporting thousands of military borrowers around the world.    Through ... [Read More]

ALEXANDRIA, Va. — The America Bankruptcy Institute discovered total filings last year dropped by 14 percent compared to 2011's figure. According to data provided by Epiq Systems, last year's bankruptcy figure represented the lowest since the start of the recent ... [Read More]