ATLANTA — As collectors, dealers and vendors converged on Manheim's DRIVE Center for the National Alliance of Buy-Here, Pay-Here Dealers Collection conference last week, one overall theme of the event quickly became clear from the presenters and panelists — the buy-here, pay-here ... [Read More]

SALT LAKE CITY — After more than a decade of growth and strong portfolio results as a regional niche auto lender, Prestige Financial Services announced it is going national. The company said it specializes in high non-prime through the deep subprime ... [Read More]

SCOTTSDALE, Ariz. — The Automotive Dealership Institute said it was recently recognized by the Association of Finance and Insurance Professionals for its contributions to the F&I industry. AFIP's F&I Eagle Award is given to those who make a commitment to compliance, ... [Read More]

RANCHO SANTA MARGARITA, Calif. — Finance Express, which provides Web-based financial services and technology to independent dealers, announced that Universal Special Auto Finance and Financial Institution Lending Options have joined its platform. "The strength of Universal Special Auto Finance rests on ... [Read More]

WESTLAKE VILLAGE, Calif. — Power Information Network, an affiliate of J.D. Power and Associates, recently reported that upside-down trades are declining. The company found that the percentage of upside-down trades has dipped from more than 35 percent in 2003 to about ... [Read More]

DEERFIELD BEACH, Fla. — World Omni Financial Corp. recently marked its 25th anniversary with a dedication ceremony at the company's headquarters. Sharing this milestone with associates, World Omni's president, Brent Burns, discussed the evolution of auto financing. "Within the last quarter ... [Read More]

PORTLAND, Ore., and HANOVER, Md. — Compli announced it recently teamed up with CounselorLibrary to provide "Carlaw" through its management system. Moreover, CounselorLibrary.com also released its newest "Carlaw F&I Legal Desk Book." Executives said the new Carlaw integration with Compli was ... [Read More]

GARDEN CITY, N.Y. — Chase Auto Finance announced it has renewed its partnership with Subaru of America to serve as the automaker's captive finance provider. "Subaru is pleased to extend our relationships with Chase Auto Finance," said Thomas Doll, executive vice ... [Read More]

BATON ROUGE, La. — AppOne announced the national rollout of its strategic alliance with AmeriCredit. The alliance offers AmeriCredit the capability of receiving credit applications from more than 1,100 independent auto dealers within AppOne's quickly growing nationwide dealer network. These dealers ... [Read More]

DALLAS — Banco Santander Central Hispano announced the completion of its acquisition of Drive Financial Services. As indicated previously by company insiders, acquisition will have no impact on Drive's business. Drive will continue to originate loans across the entire subprime spectrum. ... [Read More]