PHILADELPHIA — Provider of automotive collateral management services, electronic lien and title (ELT) services and direct finance processing for automotive lenders, VINtek recently reported double-digit growth, as well as a significant number of new clients for 2011. This past year’s ... [Read More]

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WOODCLIFF LAKE, N.J. — BMW Financial Services revealed it is offering a consumer promotion through its Ultimate Drive smartphone app. Now, iPhone and Android users can visit the app not only to check out well-known roads across America, but also ... [Read More]

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WESTLAKE VILLAGE, Calif. — The market penetration of long-term financing deals reached a record level last month, according to J.D. Power and Associates, which found that 30.1 percent of retail sales in March included 72-month (or longer) loan terms. J.D. ... [Read More]

BENTONVILLE, Ark. — Buy-here, pay-here dealership chain America’s Car-Mart recently announced it has opened the doors to its 113th rooftop. Marking the second dealership for the chain in this Southern state, the new store is located in Tupelo, Miss. Commenting ... [Read More]

HOUSTON — Provider and administrator of F&I products and reinsurance structures for the automotive industry GSFSGroup revealed this week that it has appointed a chief financial officer. Tapped for the position is Dianna Dryer. Dryers responsibilities will include “leading the ... [Read More]

RALEIGH, N.C. — Because of so much interest in a new open-source, freeware version of its IBEAM Web portal coming to the agent and lender community, Consolidated Asset Recovery Systems is planning a free Webinar to explain the product. CARS ... [Read More]

FORT WORTH, Texas — As reported sources discussed the company's latest selling of asset-backed securities, General Motors Financial confirmed retirement plans for one of its top executives. GM Financial announced earlier this week that Brian Mock, the company's executive vice ... [Read More]