Triad Financial Upgrades BBB Rating
Thursday, Aug. 13, 2009, 12:00 AM
Nick Zulovich
NORTH RICHLAND HILLS, Texas — Triad Financial recently announced that it has boosted its Better Business Bureau rating from "B" to an "A+," the best possible score. The BBB bases ratings on the number of consumer complaints filed against a company ... [Read More]
F&I Administration Introduces SCS Auto GAP
Thursday, Aug. 13, 2009, 12:00 AM
Nick Zulovich
CHICAGO — F&I Administration Solutions LLC, a leading provider of software for the administration of auto F&I products, recently announced the release of SCS Auto GAP, which it is calling the first commercially available software that is specifically designed to ... [Read More]
Leedom Group Names Senior VP of Dealer Ops
Tuesday, Aug. 11, 2009, 12:00 AM
Nick Zulovich
SARASOTA, Fla. — Leedom Group has named its senior vice president of dealer operations. Taking on this position is Jerry "Butch" Moore, who will oversee five of the company's buy-here, pay-here dealerships in Florida and Georgia. These five locations sell more than ... [Read More]
Fed: Auto Loan Interest Rates on Steady Incline
Tuesday, Aug. 11, 2009, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — After falling drastically earlier this year, interest rates for new-car loans at auto finance companies climbed at a steady pace during the second quarter. In fact, during June, the rate rose to 3.88 percent, up from 3.47 percent ... [Read More]
CalAmp Starts Agent Reseller Program for GPS Solution
Tuesday, Aug. 11, 2009, 12:00 AM
Nick Zulovich
OXNARD, Calif. — CalAmp Corp. has launched an agent reseller program for its Aercept-branded GPS tracking solutions. As authorized Aercept agents, independent sales professionals can offer the branded GPS tracking units to new dealerships, buy-here, pay-here used-car dealerships and financing companies. ... [Read More]
NADA Used Car Guide Values to Be Offered in New DealerTrack Product for Lenders
Tuesday, Aug. 11, 2009, 12:00 AM
Nick Zulovich
McLEAN, Va. — NADA Used Car Guide announced this week it has been tapped to provide used-vehicle values for a newly launched product by DealerTrack Inc. that is designed to enhance lenders' efficiency and further streamline the auto lending process. Basically, ... [Read More]
Audi Bolsters CARS Incentive to Drive More Buyers
Thursday, Aug. 6, 2009, 12:00 AM
Nick Zulovich
HERNDON, Va. — With the Senate expected to approve additional CARS funding today, Audi hopes to drive even more consumers into showrooms to take advantage of this program by adding its own cash for clunker perk. On select models, consumers will now receive ... [Read More]
Wolters Kluwer Adds Indirect Lending Sales Director, New Technology
Thursday, Aug. 6, 2009, 12:00 AM
Nick Zulovich
MINNEAPOLIS and BATON ROUGE, La. — Wolters Kluwer announced the enhancement of its indirect lending business unit over the past week with the addition of a new director of sales and the integration of new technology. The company named David Reynolds as its new ... [Read More]
AmeriCredit to Incrementally Grow Originations, Revive Dealer Relationships
Thursday, Aug. 6, 2009, 12:00 AM
Nick Zulovich
FORT WORTH — After continuously scaling back originations and dealer partnerships to match the difficult credit environment, AmeriCredit announced a turnabout Wednesday. Management said it's confident enough to ramp back up originations to $300 million by December 2009. To support these ... [Read More]
Digital Recognition Network Now Offers Three Programs for ARA Members
Thursday, Aug. 6, 2009, 12:00 AM
Nick Zulovich
DALLAS — The American Recovery Association announced its partnering with the Digital Recognition Network to use its License Plate Recognition technology at an "extremely" discounted rate for members. The tiered pricing, which can be obtained by e-mailing Les McCook at les@americanrecoveryassn.org or ... [Read More]
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