SAN FRANCISCO — The National Vehicle Leasing Association recently announced that its Certified Vehicle Lease Executive training course in Legal and Legislative Issues and the Vehicle Lessor will be held April 24 to 27 in San Francisco at the Marines' Memorial ... [Read More]

RANCHO CUCAMONGA, Calif. — CUDL, which administers a point-of-sale and indirect auto lending network for credit unions, announced that the company's AutoSMART Program and Web site was recently presented with Summit International's 2007 Marketing Effectiveness Award. CUDL's AutoSMART Program and Web ... [Read More]

IRVINE, Calif. — According to the president and chief executive officer of Consumer Portfolio Services, 2007 was a banner year in terms of contract purchases and portfolio level. Charles Bradley Jr., president and CEO, indicated, "2007 was a landmark year for ... [Read More]

ARLINGTON, Va. — The Consumer Bankers Association is preparing for its 28th Automobile Finance Conference & Tradeshow to be held March 30 to April 1 at the Hilton San Francisco in California. "For more than 20 years, CBA's automobile finance conference ... [Read More]

DETROIT — According to the latest analysis from Comerica Bank, an average-priced new vehicle required 24.4 weeks of median family income in the fourth quarter. The Auto Affordability Index from Comerica Bank discovered that the latest reading is down 0.5 weeks ... [Read More]

SPRINGFIELD, Mo. — The Freedom Financial Group, a subprime auto finance company that primarily purchases contracts via independent dealers, recently announced it has signed a $15 million, two-year, revolving credit facility with ReMark Capital Group, which is an affiliate of the ... [Read More]

DETROIT — GMAC Financial Services announced Wednesday that it is restructuring its North American auto finance business, which includes trimming about 15 percent of its workforce. The goal of this plan is to reduce costs, streamline operations and position the ... [Read More]

FARMINGTON HILLS, Mich. — Chrysler Financial hosted its fifth annual F&I Conference early this month, Feb. 11 to 15, and provided an overview of the event. Moreover, the company announced a new tool to benefit the customers of its franchised dealers. The ... [Read More]

MURRIETA, Calif. — Sekurus, the manufacturer of ON TIME, recently announced the introduction of iLocate, which offers benefits for both dealers and vehicle owners.  According to officials, the new device enables the dealers and owners of both new and pre-owned cars ... [Read More]

PORTLAND, Ore. — In addition to announcing that red flag rules compliance program, which was developed in collaboration with Hudson Cook, the company announced it is offering an online seminar to answer dealer questions about the new requirements. Red flag expert ... [Read More]