Auto Financial Group Partners with Credit Union Services
Wednesday, Aug. 16, 2006, 12:00 AM
Nick Zulovich
HOUSTON — Auto Financial Group, an online provider of residual-based financing products for credit unions, announced it has signed a deal with Credit Union Services. Under the deal, AFG is responsible for marketing CUSI's vehicle lease solution to other credit ... [Read More]
Chrysler Financial Rolls Out eContract Nationally
Tuesday, Aug. 15, 2006, 12:00 AM
Nick Zulovich
TRAVERSE CITY, Mich. — Chrysler Financial is in the process of rolling out eContract to its dealers and said it has already booked more than 1,000 eContracts, with more than 100 Chrysler Group dealers in 11 states using the program. ... [Read More]
Sundaram’s Title Changes Under DealerTrack Internal Management Appointments
Tuesday, Aug. 15, 2006, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack Holdings recently said it appointed six executives to new roles in order to enhance DealerTrack's customer focus, innovation and scalability. As part of these changes, Raj Sundaram, current president of ALG, will become senior vice ... [Read More]
Internal Wells Fargo Merger Leads to Launch of Full Spectrum Pricing Program
Tuesday, Aug. 15, 2006, 12:00 AM
Nick Zulovich
SAN FRANCISCO — Wells Fargo Financial recently announced it's expanding the range of consumer credit ratings it finances through the launch of Full Spectrum Pricing in its auto finance division. Company executives said this new offering is designed to offer ... [Read More]
J.D. Power: Dealer Satisfaction Brings More Business to Financial Providers
Monday, Aug. 14, 2006, 12:00 AM
Nick Zulovich
WESTLAKE VILLAGE, Calif. — Dealers who are happy with their financial providers will send more business to those providers in the future, according to the J.D. Power and Associates 2006 Dealer Financing Satisfaction Study. However, the study also found that ... [Read More]
CAR Financial Services Partners with Payment Protection Systems
Friday, Aug. 11, 2006, 12:00 AM
Nick Zulovich
ATLANTA, Ga. (Aug. 11, 2006) — CAR Financial Services, which is an affiliate of CompuCredit Corp., announced it has teamed up with Payment Protection Systems to assist buy-here, pay-here dealers. Through the partnership, CAR Financial Services will now be able ... [Read More]
AmeriCredit: 4Q Loan Originations Up, Charge-Offs Down
Wednesday, Aug. 9, 2006, 12:00 AM
Nick Zulovich
FORT WORTH, Texas (Aug. 9, 2006) — Thanks to solid loan originations and fewer charge-offs, AmeriCredit executives said business in the fourth quarter of the 2006 calendar year continued to prove strong. Quite simply, executives credited a favorable economic environment ... [Read More]
Edmunds.com Ranks Vehicles by Projected Residual Values
Tuesday, Aug. 8, 2006, 12:00 AM
Nick Zulovich
SANTA MONICA, Calif. (Aug. 8, 2006) — Edmunds.com recently ranked vehicles that would show the highest residual values after a five-year period, assuming 75,000 miles on the odometer. According to the company's lists announced this morning, the Honda S2000 and ... [Read More]
Leedom to Host Sales Manager Workshop
Tuesday, Aug. 8, 2006, 12:00 AM
Nick Zulovich
SARASOTA, Fla. (Aug. 8, 2006) — Leedom and Associates recently announced it is offering a Sales Manager Workshop, Sept. 12-13, in Orlando, Fla. The event will also highlight a Four-Square Desking Process session taught by Johnny Dangerfield, one of the ... [Read More]
DealerTrack Reaches 250 Finance Sources, Reports Financial Results
Monday, Aug. 7, 2006, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. (Aug. 7, 2006) — DealerTrack announced it now has 250 finance sources in its network. Executives also reported that the company's president will be leaving. Company executives recently said that Vincent Passione, president of DealerTrack, intends to ... [Read More]