FORT WORTH, Texas — Reviewing AmeriCredit's subprime portfolio, Dan Berce, president and chief executive officer, indicated that it is showing pressure in delinquencies and losses from its 2006 loan vintage. The further seasoning of this vintage has caused the management team ... [Read More]

FARMINGTON HILLS, Mich. — Chrysler Financial invited women from throughout its organization to attend the second annual Women's Conference, which is designed to raise awareness of issues facing women in the workplace, in addition to discussing the newly independent financial arm. ... [Read More]

SOUTHFIELD, Mich. — GMAC Insurance recently announced two new products for dealers and retail customers. The two products, Guaranteed Automotive Protection Care Advantage, along with Repair Advantage, a vehicle protection plan, were designed to provide best-in-class quality, support, flexibility and confidence ... [Read More]

HANOVER, Md. — Hudson Cook recently announced that Emily Marlow Beck, a well-known attorney in the firm's Hanover Office, has been invited to participate as a workshop co-panelist at the National Auto Dealers Association's Convention and Expos in San Francisco. As ... [Read More]

ORLANDO, Fla. — MenuVantage recently announced that Nation Safe Drivers has joined its nationwide network of active F&I providers.  The company joins more than 50 other providers currently on the MenuVantage platform, including Protective, A.U.L Corp., LOTS, Cal-Tex Protective Coatings, SouthwestRe, CNA ... [Read More]

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]

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]

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]

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]

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]