BANDON, Ore. — CNW Research's May used-vehicle sales figures show how independent and buy-here, pay-here dealers struggled somewhat to maintain retail traction because of inventory limitations. Independent dealers sold 1,490,749 used vehicles in May, a decline of 4.4 percent from ... [Read More]

EDINA, Minn. — Covering 12 states, CarHop's network of buy-here, pay-here dealerships now is near 50 stores because of the recent openings in Bremerton, Wash., and Irving, Texas. The new lot in Irving is CarHop's fifth store in the Dallas-Fort ... [Read More]

FORT WORTH, Texas — General Motors Financial Co. announced late last week that it has priced a private offering of $500 million worth of 6.75 percent senior notes due in 2018. The notes will be offered only to qualified institutional buyers in accordance with ... [Read More]

TUSCALOOSA, Ala. — J.D Byrider announced it is partnering with a Tuscaloosa, Ala., franchisee to support tornado victims and the community. Steve and Jeanne Locklear, who own a Tuscaloosa J.D Byrider location, as well as the Locklear Chysler Jeep Dodge dealership, donated $1,500 ... [Read More]

SCHAUMBURG, Ill. — Along with determining the top 20 lenders by market share, Experian Automotive revealed it has started to track a new piece of data for its quarterly analysis of vehicle financing. It is now taking a deeper look into used ... [Read More]

BENTONVILLE, Ark. — Propelled by a 16.4-percent revenue jump during the fourth quarter, America's Car-Mart showed that it finished its 2011 fiscal year with gains in net income, its customer base and more. Car-Mart's fiscal year wrapped up on April ... [Read More]

OVERLAND PARK, Kan. — NCM Associates is building up its services for buy-here, pay-here dealers to support its existing clients' needs and to address the growing interest from the franchise community on the opportunities in this marketplace. The company launched ... [Read More]

SCHAUMBURG, Ill. — Stringent credit availability continues to thaw as Experian Automotive found the penetration of loans to subprime and deep subprime buyers rose during the first quarter. According to data released Thursday, Experian discovered the share of loans to credit-challenged ... [Read More]

DALLAS — Santander Consumer USA this week announced the expansion of its RoadLoans dealer base and media presence throughout the U.S. Through the RoadLoans network, consumers can apply for auto financing online; and after approval, they are sent with a loan ... [Read More]

CARY, N.C. — SubPrime Auto Finance News is now ramping up for its July/August edition, which will honor several of the top executives and dealers in the industry. The publication is looking to recognize top executives whether they are Buy-Here, Pay-Here ... [Read More]