FOUNTAIN VALLEY, Calif. — In an effort to push the 2012 Accent and the rest of its new-model lineup, Hyundai Motor America renewed its partnership with Motozuma, a free social savings website where consumers can stash money to be used ... [Read More]

RANCHO SANTA MARGARITA, Calif. — Taking its dealer suggestions seriously, Finance Express recently announced that Experian Automotive’s AutoCheck vehicle history reports will now be available through the company’s Internet-based dealer management system. "We take our dealers' suggestions very seriously, so ... [Read More]

PITTSBURGH — PNC announced this week that it has reached a deal to purchase the U.S. arm of Royal Bank of Canada for $3.45 billion, or a $112 million discount on "tangible book value," according to management. With about $25 billion in ... [Read More]

FORT WORTH, Texas — Even though the industry is facing ever-increasing regulation thanks to the developing Consumer Financial Protection Bureau and all the rules this will likely entail, the atmosphere at this year's Below Prime Auto Financing Conference in Fort Worth, ... [Read More]

WASHINGTON, D.C. — SubPrime Auto Finance News learned Wednesday that JP Morgan Chase & Co. has settled some challenges raised by the Office of the Comptroller of the Currency over its auto finance credit tactics and credit tactics at two other ... [Read More]

NEW YORK — Evidently the portfolio assembled by auto lenders during the past five years generated stronger returns for Wall Street investors than other possibilities such as home mortgages. That's according to the assessment offered by DBRS in its latest ... [Read More]

DALLAS — This week, Vehicle Acceptance Corp. joined the National Member Benefit Program orchestrated by the National Independent Automobile Dealers Association. The alignment is geared to provide association members with preferred access to capital and a professional collection efforts. VAC ... [Read More]

ENGLEWOOD CLIFFS, N.J. — Maserati North America recently tapped Ally Financial to be its official preferred financing provider for brand vehicles in the U.S. and Canada. The luxury automaker indicated Ally will offer wholesale financing and insurance for dealers and ... [Read More]

NORTH LITTLE ROCK, Ark. — J.D. Byrider announced late last week that it is opening a new dealership, the company’s first in Arkansas. The new 25,000-square-foot store is located in Sherwood, Ark., and offers on-site financing, used-car sales, a service ... [Read More]

ALEXANDRIA, Va. — The American Bankruptcy Institute recently asked visitors to its website if the new Consumer Financial Protection Bureau would be more effective run by one director or a five-member board. Results from the ABI Quick Poll showed a ... [Read More]