ATLANTA — Car sales are up; customers are back in the showroom; and cars are going over the curb. It's fun to be in the car business again. After quite a few "roll up the sleeve" years, the American car ... [Read More]

LOS ANGELES — Westlake Financial Services recently announced a new $200 million securitization jointly led by Wells Fargo and the Royal Bank of Scotland. Officials indicated the securitization closed on Sept. 25 with all bonds sold on the investor market. ... [Read More]

CINCINNATI — Online monthly payment marketing technology provider DriveItNow announced its new Trade-in Equity Analyzer is now available as part of its pre-qualified payment quoting service. Since many vehicle sales involve a trade-in, DriveItNow said the value and the equity ... [Read More]

WASHINGTON, D.C. — The American Bankers Association's Consumer Credit Delinquency Bulletin showed mixed trends in regard to auto-loans during the second quarter. ABA found that Q2 delinquencies for direct auto loans — contracts arranged directly through a bank — fell ... [Read More]

LOS ANGELES — Another dealer management system integrated itself with RouteOne's credit application management platform. Nowcom Corp. announced earlier this week that its DMS product, DealerCenter, now has a relationship with RouteOne in an attempt to better support dealer financing ... [Read More]

ATLANTA — This week, Equifax launched what the credit bureau called Advanced Decisioning Attributes, a set of analytical building blocks that can enhance the ability to make predictive underwriting decisions.    Officials indicated Equifax Advanced Decisioning Attributes can deliver more than ... [Read More]

WOBURN, Mass. — After looking at more than 20 million used cars for sale over the past year at dealerships throughout the country and weighing the prices of franchised dealers against those of independents, iSeeCars suggests their respective deals aren't ... [Read More]

KENNESAW, Ga. — Errors in the F&I office can infuriate both managers and customers. Volkswagen Credit is looking to a new solution more than four years in the making to reduce mistake frequency and streamline processes for efficiency and compliance. ... [Read More]

SAN DIEGO — The inaugural SubPrime Forum will give Used Car Week attendees a host of expert analysis to answer a wide array of financing questions. Here's an example: Do you have the right kind of inventory to put a ... [Read More]

MINNEAPOLIS — Wolters Kluwer Financial Services recently announced that EverLogic, a provider of dealer management software, will integrate the company's AppOne platform. Officials highlighted the integration is designed to help dealerships of all types and sizes manage the sales and ... [Read More]