WILKES-BARRE, Pa. — GWC Warranty Corp. and Southern Auto Finance Co. formed a vehicle service contract strategic alliance this week. The companies indicated the alliance means SAFCo now offers through its dealers the GWC vehicle service contract and GAP program. ... [Read More]

McLEAN, Va. — In revealing company-wide financials Wednesday, Capital One reported on a few key trends in its auto finance division. For the second quarter, period-end automobile loans held for investment accounted for $19.22 billion, compared to $18.34 billion in the ... [Read More]

MISSION VIEJO, Calif. — BlueYield, a consumer auto finance lending exchange and provider of private-label affinity automotive financing programs, recently teamed up with a website aimed at reaching the Indian community throughout Michigan and the United States. BlueYield officials now ... [Read More]

WASHINGTON, D.C. — The Federal Reserve still hasn't resumed its regular reporting on averages for new-vehicle loans by finance companies. But officials late last week did share the latest average by commercial banks. The Fed determined the average interest rate ... [Read More]

FARMINGTON HILLS, Mich. and LOGAN TOWNSHIP, N.J.— Daimler Truck Financial revealed Monday that it will begin providing financial products and services for more than 175 Mitsubishi Fuso Truck of America dealers and their customers. DTF noted that through this partnership ... [Read More]

PHILADELPHIA — VINtek revealed this week that it has helped with the drafting of legislation that will allow the Texas Department of Motor Vehicles to develop rules to hold auto liens electronically, instead of via paper titles. Texas House Bill 2575 ... [Read More]

HANOVER, Md. — The Federal Trade Commission announced its second auto dealer roundtable is to be held Aug. 2-3 at the St. Mary's University School of Law in San Antonio. The FTC says it wants Roundtable II to focus on ... [Read More]

IRVINE, Calif. — Consumer Portfolio Services revealed this week it received a NASDAQ staff deficiency letter on June 30. The letter indicated the company had failed during the 30-business day period that ended June 28 to comply with the minimum ... [Read More]

PITTSBURGH — Chase Auto Finance recently expanded its Custom Finance office in Pittsburgh to better serve needs of dealers in Pennsylvania and West Virginia. The new office is located at 4075 Monroeville, Blvd., Suite 400 in Monroeville, Pa. The office currently ... [Read More]

MASON, Ohio — Security National Automotive Acceptance Corp. recently announced that it made a donation to The Thank You Foundation, an Ohio-based charity that assists veterans, active duty personnel and their families during times of need. At a private gathering, SNAAC president ... [Read More]