NEW YORK — The performance of auto asset-backed securities is a key factor in investors' and capital markets' appetite for such issuances. And with the auto lending markets tight, keeping a close eye on the performance of prime and subprime vintages ... [Read More]

DETROIT — Amid reports this week that General Motors might be considering several options that would put the automaker back into auto financing, Ally Financial released a statement Wednesday emphasizing its commitment to and strong position within the auto lending industry. "Ally Financial ... [Read More]

GAITHERSBURG, Md. — C&G Imports, a buy-here, pay-here dealer in Arlington, Va., recently shared how solution integration of PaymentVision and Auto Master helped to enhance security and streamline financial operations for the dealership. The integration combined the solution capabilities of PaymentVision, ... [Read More]

WARREN, Mich. — The leadership of Asset Acceptance Capital Corp., a purchaser and collector of charged-off consumer debt, recently detailed how it was encouraged by the progress made in becoming more efficient and increasing purchasing, also noting that the company made strides in certain areas ... [Read More]

AUBURN HILLS, Mich. — Auto Credit Express has teamed up with United Credit Education Services to roll out a new Web site, FutureCreditScore.com, and offer its clients credit rebuilding services. Thanks to this partnership, AutoCreditExpress customers now have a way to ... [Read More]

CLEARWATER, Fla. — A look into Nicholas Financial's most recent quarterly performance report showed strong gains in net earnings and revenue, as well as plans to continue the company's expansion. For the most recent fiscal quarter, the company's net earnings, excluding change ... [Read More]

MONTREAL, Quebec — iMETRIK Solutions, a provider of embedded wireless solutions for the buy-here, pay-here dealer industry, recently announced it created a new business unit to handle client growth. Because of steady company advancement during the past five years, executives have rolled ... [Read More]

DALLAS — Increased interest rates were the primary factor in pushing first-quarter auto affordability down to a more than two-year low, according to Comerica Bank, which released its most recent Auto Affordability Index today. Specifically, it required 23.4 weeks of median ... [Read More]

GARDEN CITY, N.J. — Chase Auto Finance has pitched in for the Haiti relief efforts, providing  a 2004 GMC Sierra 1500 SLE for the "100 Trucks for Haiti" campaign that will be used to help dole out food, water and medicine ... [Read More]

McLEAN, Va. — Capital One Auto Finance recently reported that quarter-over-quarter auto originations are up 32 percent, but the management team said these remain down modestly from the first quarter of 2009. Originations for the first quarter came in at $1,343,463, ... [Read More]