Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

NCCI Now SAS 70 Compliant

Nick Zulovich
LAKE FOREST, Calif. — National Creditors Connection recently announced that it has successfully completed the SAS 70 compliance conducted by Bronsky & Co. CPA Firm. The SAS 70 process is designed to determine that the controls a company has in place ... [Read More]

90% of Chrysler Dealers Now with GMAC

Nick Zulovich
AUBURN HILLS, Mich. — Just after GMAC reported that it is receiving $7.5 billion from the U.S. Treasury, Chrysler's vice chairman and president announced that about 90 percent of the automaker's dealers are now activated to conduct retail business via GMAC. ... [Read More]

Manheim Calls Credit Markets Better, Not Normal

Nick Zulovich
ATLANTA — Apparently, many consumers still feel they are unable to get loans, despite the fact that lending has picked up, according to latest analysis from Manheim Consulting. Late last week, the company shared its take on what is occurring in ... [Read More]

Prestige Financial Names COO

Nick Zulovich
SALT LAKE CITY — Prestige Financial Services announced a chief operating officer late last week. Taking on the role is Bryant Henrie. As its most senior executive, Henrie will direct the auto finance company's efforts to capitalize on market opportunities and further ... [Read More]

OSC Integrates into Finance Express to Offer Buy-Back Program

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced that Omega Service Corp. has integrated with its platform. OSC offers dealers a national buy-back product that allows customers to bring their vehicle back to the selling dealer after a waiting period. ... [Read More]

Chrysler Responds to Dealer Protests Over Cuts

Nick Zulovich
AUBURN HILLS, Mich. — Not surprisingly, Chrysler's Steven Landry came out this morning with a statement saying the automaker is sticking to its decision to cut 789 franchised dealers. The executive vice president of North American marketing, parts and service explained ... [Read More]

CPS: 1Q Dealer Contract Purchases Down Significantly

Nick Zulovich
IRVINE, Calif. — In announcing its first quarter results, Consumer Portfolio Services said that its annualized net charge-offs came in at 11.59 percent, compared with 6.66 percent in the first quarter of last year. Moreover, the company announced that delinquencies greater than ... [Read More]

AppOne Adds New Credit Union to Platform

Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced that Louisiana-based Pelican State Credit Union has joined its platform. AppOne will help Pelican State Credit Union connect with auto, marine and RV dealerships in Louisiana to provide ... [Read More]

Automotive Compliance Consultants Launches New Training Tool

Nick Zulovich
CHICAGO — Automotive Compliance Consultants recently launched a new online compliance training tool called Compliance Solved. Automotive Compliance Consultants partnered with Stone Meta, an automotive specific Web and software company, to develop this compliance tool. The service offers training modules focused ... [Read More]

DBRS: Auto ABS Remains Stable

Nick Zulovich
NEW YORK — The recession has had a negative impact on almost all subprime auto asset-backed securities issuers; however, overall, the market appears to be staying on track, according to U.S. Structured Finance. Officials said the economic downturn has resulted in ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X