GE Capital Fleet Services recently found out just how much it saved customers last year. Officials said this week that the total savings for 2010 was $326 million. They added company-leased versus company-owned vehicles yielded the highest cost savings of more than $68 million. “Our strategic consulting team conducts an in-depth analysis of a customer’s […] [Read More]

On the heels of making several major acquisitions, AutoTrader.com announced Monday that it has tapped a veteran of parent company Cox Enterprises to serve as its chief financial officer. Stepping into the role Feb. 7 will be Dallas Clement. His most recent post was as Cox Communications’ executive vice president and chief strategy officer. [Read More]

Along with an education initiative announced with Recovery Services Industry Co., Digital Recognition Network reported it recently reached a certification training deal with Recovery Compliance Solutions. The pact means DRN’s national network of more than 450 affiliates can attend the RCS certification program for free. To complement its core service offering to lenders, Recovery Compliance Solutions in […] [Read More]

Resource Management Services once again is bringing together top executives from captive finance companies, other auto loan organizations, recovery specialists, legal experts and more for the annual Collection and Recovery Solutions Conference. This year’s version, titled “Challenges and Opportunities in a Changing World,” includes a keynote presentation by John Hart, the recovery leader for the […] [Read More]

Open Dealer Exchange — which is a joint venture formed by Automatic Data Processing and the Reynolds and Reynolds Co. — said that it has secured its first Canadian partnership, a deal that officials believe will be beneficial to dealers and lenders alike. [Read More]

Carfinco Income Fund said recently that its board of directors will be evaluating the various options the company has for boosting unit-holder value, and among the potential strategic alternatives that will be considered is the possible sale of the Alberta-based company. The company turned to FBR Capital Markets & Co. for guidance during the review process. FBR […] [Read More]

Fiat SpA revealed its new treasurer on Wednesday to replace Camillo Rossotto. Named to the position is Antonio Picca Piccon. Picca Piccon’s most recent role was as chief executive officer and general manager of Fiat Group Automobiles Capital SpA. In his new post, Picca Piccon will manage the financial service activities of Fiat SpA and will […] [Read More]

Dealer Services Corp. of Indiana said Monday it is now providing its dealer customers with a series of smartphone applications to allow them to complete various finance-related tasks while on the go, including tapping into floor planning services. Dealers can also utilize DSC Unplugged for checking out titles and managing their accounts with DSC of Indiana. […] [Read More]

American Recovery Association leaders bolstered the agenda for the third annual North American Repossessors Summit in two ways. Not only does the event include a full program of topics lead by key industry leaders, but it also incorporates another education session for the Collateral Recovery and Remarketing Accreditation Program. This year’s summit is set for […] [Read More]

Credit unions continue to gain market share from traditional banks as consumers seek lower fees, competitive interest rates and more personal service. Many credit unions are offering a robust suite of services, including auto loans, as a way of winning and keeping clients. While credit union offerings have grown to match that of larger financial […] [Read More]