Leading Vehicle Finance Execs to Join for Panel
Tuesday, Oct. 23, 2007, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — Top industry executives are slated to examine the vehicle financing environment in a panel discussion at the upcoming American Financial Services Association's 12th Annual Vehicle Finance Conference and Expo early next year. The Chief Executive Officer Panel: Managing ... [Read More]
CPS Purchases More Contracts This Year
Tuesday, Oct. 23, 2007, 12:00 AM
Nick Zulovich
IRVINE, Calif. — During the third quarter, Consumer Portfolio Services reported that it purchased $340.2 million in contracts from dealers, as compared with $346.0 million during the second quarter of 2007 and $254.4 million during the third quarter of 2006. However, while ... [Read More]
Financial Professionals Offer Their Take on Market Issues
Tuesday, Oct. 23, 2007, 12:00 AM
Nick Zulovich
BOSTON — Financial professionals believe that the worst of the credit crunch is not over, according to a survey conducted yesterday at the Association for Financial Professionals Annual Conference being held in Boston. Almost two-thirds (62 percent) of survey respondents indicated ... [Read More]
Honda Financial Services to Open New Mid-Atlantic Offices
Tuesday, Oct. 23, 2007, 12:00 AM
Nick Zulovich
NEWARK, Del. — Honda Financial Services recently marked the groundbreaking for its new 26,000-square-foot Mid-Atlantic regional offices, which will support Honda's growing family of customers in Pennsylvania, Delaware and New Jersey. HFS will lease the space and serve as the ... [Read More]
Legal, CPA Advice Kept Panelists Busy at Leedom’s 12th Annual Conference
Thursday, Oct. 18, 2007, 12:00 AM
Nick Zulovich
LAS VEGAS — A plethora of industry experts and dealers were on hand to offer presentations, participate in roundtables and answer questions at the 12th Annual Special Finance Buy-Here, Pay-Here Conference at Caesars Palace in Las Vegas last month. For instance, John ... [Read More]
NABD Releases Final Agenda for Underwriting & Collections Conference
Thursday, Oct. 18, 2007, 12:00 AM
Nick Zulovich
HOUSTON — Earlier this week, The National Alliance of Buy-Here, Pay-Here Dealers announced its final list of speakers and agenda for the upcoming Underwriting & Collections Conference. More than 600 attendees are expected to participate in the three-day event to be ... [Read More]
Detroit Trading Exchange Hits 1 Million, Announces New Initiative
Thursday, Oct. 18, 2007, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Detroit Trading Exchange announced Wednesday that more than 1 million finance leads have been traded through its platform in less than a year of operation. According to officials, since its debut in November of last year, more than ... [Read More]
Nissan Motor Acceptance Honored for Cutting-Edge Technology
Thursday, Oct. 18, 2007, 12:00 AM
Nick Zulovich
NASHVILLE — Nissan Motor Acceptance Corp. recently received the Auto Finance Excellence Award, which was presented to the company for its e-leasing efforts during the Auto Finance Summit Awards Ceremony in Las Vegas. "Perseverance is the key word when considering Nissan ... [Read More]
PIN: Fewer Consumers Showing Negative Equity
Tuesday, Oct. 16, 2007, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — The percent of consumers upside-down on their trades has continued to decline, according to recent analysis released from Power Information Network. "From the third quarter of 2005 to the same period of this year, this measure has ... [Read More]
CIQ Launches Call Buyer Network for Independents to Capture Leads
Tuesday, Oct. 16, 2007, 12:00 AM
Nick Zulovich
CLEARWATER, Fla. — Car Buyer Network, a subsidiary of CIQ, recently launched the Car Buyer Network Lead Service, which is a new service designed specifically for the independent dealer market. According to officials, the new lead service can be a cost ... [Read More]