ARLINGTON, Texas — Earlier this week, SFG Finance, a purchaser of auto paper from buy-here, pay-here dealers, franchised stores, finance companies, banks and credit unions, revealed its new senior vice president and manager of portfolio acquisitions. Tapped for the role ... [Read More]

TORONTO — It may not yet have a Canadian stronghold, but Mark Dubois envisions the potential for the buy-here, pay-here financing business in Canada. And he’s reaching out to the country’s dealers at a grassroots level during this year’s Auto ... [Read More]

BUFFALO, N.Y. — First Niagara Financial Group entered the indirect auto lending business today, providing what the company says is a variety of vehicle financing options through dealerships across the Northeast. Executives indicated the new program is immediately available in ... [Read More]

MT. ARLINGTON, N.J. — The International Automotive Remarketers Alliance announced today another company has joined its ranks.  Joining the association is automotive finance company General Motors Financial of Canada. Commenting on the news, Matt Marks, executive director of the IARA, ... [Read More]

BIRMINGHAM, England — MG Motor recently tapped GMAC UK, a subsidiary of Ally Financial, to be its preferred wholesale financing provider for dealerships. Officials highlighted this development expands on the existing preferred retail financing relationship between the two companies established ... [Read More]

KNOXVILLE, Tenn, — Stemming from a merger with two other companies, mobile resource management solutions provider ProconGPS announced its new corporate name last week. It officially was launched during a special ribbon-cutting event Saturday at its new technology center, and ... [Read More]

LONDON — Groupon gained traction in the U.S. by offering discounts at places such as restaurants and salons. Now a website in the U.K. is trying to bring the same process to buying a new vehicle. Today, officials from www.FinanceAcar.co.uk ... [Read More]

NORWALK, Conn. — Despite signals of a growing U.S. auto industry recovery as well as the overall economy, a February FreeScore.com survey revealed nearly 66 percent of consumers think it will be just as difficult — or even harder — ... [Read More]

FRANKLIN, Tenn. — Nissan revealed today some changes in the senior leadership for its financial arm, gaining a new director of financial services, as well as a new director of remarketing, to name a few. Tapped for the position of ... [Read More]

AUSTIN, Texas — This week, Consumer Financial Protection Bureau director Richard Cordray made his highly anticipated appearance at the annual gathering of the Consumer Bankers Association. While Cordray specifically mentioned the mortgage industry and not the auto finance sector, the ... [Read More]