FRANKLIN, Tenn. — On Wednesday, Infiniti announced the return of its Limited Engagement Winter Event, which features special leasing and financing offers. Infiniti is saying this event offers its best deals of the year. The campaign is supported by a new ... [Read More]

WASHINGTON, D.C. — Leading executives with four auto finance companies will come together during the American Financial Services Association's 15th Annual Vehicle Finance Conference and Exposition early next year for a panel discussion that will delve into how these leaders and ... [Read More]

DALLAS — The purchase and financing of an average-priced new vehicle took 23.8 weeks of median family income in the third quarter of the year, reported Comerica Bank this week. The average cost of buying and financing a new car declined ... [Read More]

DETROIT — Ally Financial announced it has been selected as the recommended provider of F&I products and services for U.S. Saab dealerships. Ally Financial will offer its Repair Advantage line of vehicle service and maintenance contracts to customers via Saab dealers, ... [Read More]

FARMINGTON HILLS, Mich. — Daimler Financial Services announced this week that it officially changed its legal name. The company now will be known as Mercedes-Benz Financial Services USA and will continue to serve as the captive finance unit for an array of ... [Read More]

IRVINE, Calif. — A significant drop in third-quarter total operating expenses wasn't enough to offset a sharp decline in revenue, sending Consumer Portfolio Services to another pretax and net loss. The company indicated this week its pretax loss for the third ... [Read More]

DALLAS — More than 500 attendees from throughout the nation and Canada gathered for the National Alliance of Buy-Here, Pay-Here Dealers Underwriting and Collection Conference held in Dallas. Ken Shilson, CPA and conference chairman, stressed that this was the largest underwriting ... [Read More]

MINNEAPOLIS — Wolters Kluwer Financial Services announced this week it's now offering captive finance companies, lenders and dealerships universal closed-end vehicle lease agreements for all U.S. states. The company stated that these lease agreements can help ensure vehicle leases are in compliance with ... [Read More]

WASHINGTON, D.C. — September's average interest rate on new-car loans at auto finance companies climbed to the second-highest point of the year, according the latest report from the Federal Reserve. Officials calculated the September average was 4.35 percent. Not since February ... [Read More]

FORT WORTH, Texas — Along with announcing the pricing of an offering of automobile receivables-backed securities, General Motors Financial reported growth in both third quarter net income and originations. Earlier this week, executives from the company formerly known as AmeriCredit revealed that ... [Read More]