FARMINGTON HILLS, Mich. — RouteOne announced Tuesday that it has completed integration with VertiSEL, a company that offers programs to consumers who have had difficulties during the auto-financing process due to lack of credit access. Essentially, this integration will allow RouteOne dealers to ... [Read More]

LAS VEGAS — Tom Webb had some positive news to share at the National Alliance of Buy-Here, Pay-Here Dealers conference Tuesday. Manheim's chief economist said he is seeing some improvement in the near future in the labor sector, which coupled with ... [Read More]

LAS VEGAS — One of the speakers to generate a lot of audience interest Tuesday at the National Alliance of Buy-Here, Pay-Here Dealers conference was Ron Brown, general manager of CSI Group. His company is one of the oldest and largest ... [Read More]

LAS VEGAS — Dealers, vendors and auto professionals are gathering today at the Las Vegas Hilton for the kick off of the 11th annual National Alliance of Buy-Here, Pay-Here Dealers conference. This year's event is titled "New BHPH Profit Opportunities in ... [Read More]

LAS VEGAS — The general session for the National Alliance of Buy-Here, Pay-Here Dealers conference will start today with a focus on "Understanding the Current BHPH Marketplace." Offering the overview will be Tom Webb, Manheim's chief economist. "His president will help ... [Read More]

LAKE SUCCESS, N.Y. — Even though the company recorded a net loss in a difficult auto environment during the first quarter, DealerTrack officials said they anticipate that the company's overall 2009 earnings performance will be better than initially expected. More specifically, ... [Read More]

NEW YORK — On Monday, GMAC Financial Services confirmed capital requirements resulting from the Federal Reserve's Supervisory Capital Assessment Program. Basically, as part of this program, GMAC said by Nov. 9, it plans to increase the common shareholder equity component of ... [Read More]

HANOVER, Md. — A bill currently being considered by the U.S. Senate Judiciary Committee could prove to be harmful for subprime auto financing and for used-vehicle dealers, and the industry should be aware of its potentially "dangerous" impact, according to Tom Hudson, an attorney ... [Read More]

SYRACUSE, N.Y. — XpressCredit announced recently that it has formed a partnership with East Coast Funding Group, an auto lender based out of Great Neck, N.Y. As part of their relationship, East Coast Funding can utilize XpressCredit's patent-pending technology — including the ... [Read More]

IRVING, Texas — MyAutoloan.com, an online auto loan finance company, recently reported that it has seen a significant increase in customer auto loan applications for the first quarter of 2009 and continuing into the second quarter. MyAutoloan.com, which is an online ... [Read More]