FORT WORTH, Texas — While the subprime mortgage market continues to falter, it doesn't appear to be impacting solid, subprime auto finance companies who want to tap the credit markets to support their business. An example of this is AmeriCredit, ... [Read More]

LAKE SUCCESS, N.Y. — DealerTrack announced it has added several enhancements to its DealWatch compliance product that are designed to enable dealers to electronically capture, store and manage all of a store's customer-related documents. These updates include DealWatch's new external document ... [Read More]

PORTLAND, Ore. — Compli announced it is launching a new effort to expand compliance content through its Dealership Compliance Management System software by aligning itself with leading industry experts who specialize in this arena. In its first step in this effort, ... [Read More]

CHARLOTTE, N.C. — On Monday, Sonic Automotive announced it has sold Cornerstone Acceptance Corp., its automotive finance subsidiary. Sonic said it realized cash proceeds of about $33 million from the sale. B. Scott Smith, president and chief strategic officer, reported, ... [Read More]

PASADENA, Calif. — VantageILM, a provider of integrated lender/leasing management solutions for finance firms, banks, leasing companies and credit unions, announced late last week that it has added Shawn Keller to its management team. As director of product management, Keller ... [Read More]

HUNT VALLEY, Md. — Sure, it takes time, money and patience to chase after primary insurance proceeds on repossessed vehicles. Sometimes it's just easier to wash your hands of it. Or is it? RecoveryPro is a specialized, affordable asset protection ... [Read More]

WASHINGTON, D.C. — John Snow, chairman of Cerberus Capital Management and former U.S. Treasury secretary, will be a key speaker at the upcoming American Financial Services Association's 12th Vehicle Finance Conference and Expo, which is slated for Feb. 6 to ... [Read More]

LAKE SUCCESS, N.Y. — This morning, DealerTrack announced the co-sponsors of its second annual Innovation Conference scheduled for Sept. 17 to 18 in Las Vegas. According to officials, the headline sponsor, Manheim, will be presenting on The Future of Online ... [Read More]

IRVING, Texas — Walkaway USA has unveiled what it calls a one-of-a-kind vehicle return program dubbed Protection for Automotive Financing designed to cover the credit union marketplace. The program provides credit union members with protection against negative equity, allowing them ... [Read More]

SARASOTA, Fla. — Leedom and Associates announced that the exhibit hall for its annual National Special Finance and Buy-Here, Pay-Here Conference has been sold out. Officials said they have created a waiting list as more space will added in the ... [Read More]