FARMINGTON HILLS, Mich. — RouteOne announced Thursday that its eContracting solution, jointly developed by DaimlerChrysler Financial Services, Ford Motor Credit Co., GMAC and Toyota Financial Services, has been deployed for pilot to a limited number of select Toyota and Lexus ... [Read More]

GARDEN CITY, N.Y. — Shortly after the merger of Bank One and Chase in 2004, Chase realized there was a strong growth potential in the subprime auto lending market and soon focused on expanding these services for dealers. Since then, ... [Read More]

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]

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]

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]

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]

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]

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]

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]

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]