BANDON, Ore. — Reviewing both open and closed-end leases from dealers and third-party lessors, such as banks, CNW Research discovered that the automaker with the largest market share is Ford. Ford trucks apparently account for more than 8.6 percent of lessees ... [Read More]

LAKE SUCCESS, N.Y. — DealerTrack will be hosting a Webinar on Thursday to highlight and discuss all its new offerings which were unveiled at the National Automobile Dealers Association Convention in Orlando, Fla. Topics will include: —Retrieve critical appraisal data within seconds ... [Read More]

HANOVER, Md. — The National Automotive Finance Association revealed plans for a Webinar featuring Melinda Zabritski, director of automotive credit for Experian Automotive. The Webinar titled, "A Special Review of the Below-Prime Automotive Finance Market," is scheduled for Feb. 23 beginning ... [Read More]

COLUMBIA, Md. — Credit Management Solutions and Black Book revealed an agreement to provide CMSI eXchange with what executives described as an affordable, monthly valuation and analytics service for auto portfolios. Officials went on to highlight that the timely and accurate ... [Read More]

NEW YORK — This morning, Zoombak announced the coming launch of Locate Assist, which by utilizing cell tower data gives dealers another way of tracking units under the company's GPS Recovery Finance Track Buy-Here, Pay-Here product. Basically, if a Zoombak device ... [Read More]

HOUSTON — As I reviewed the year-end results of buy-here, pay-here operators throughout the nation, I noticed that 2009 produced some diverse results. Although my analysis (preparatory to compiling the industry benchmarks) is still in progress, here are some preliminary observations: ... [Read More]

CLEARWATER, Fla. — Nicholas Financial posted significant increases in year-over-year growth for both net earnings and revenue during the third quarter and shared plans to expand its footprint in both the Southeast and Midwest. For the fiscal quarterly results, company executives ... [Read More]

SOUTHFIELD, Mich. — After reducing loan volume throughout most of 2009, Credit Acceptance has begun to grow its originations. For the fourth quarter, the company posted 7.6 percent growth in unit origination volume and grew originations by 2.1 percent in terms ... [Read More]

NEW YORK — DBRS has released its final rating methodology for U.S. auto lease asset-backed transactions. The company indicated its final methodology does not have any substantive changes from the proposed lease methodology, which was published on Dec. 14 with a ... [Read More]

JEFFERSON CITY, Mo. — A class action lawsuit was recently filed in Missouri federal court claiming that dealers and auction companies are "bearing the financial brunt" of Toyota's recent recalls and stop sales order and deserve to be compensated for the ... [Read More]