LAKE SUCCESS, N.Y. — Dealertrack Technologies unveiled a new tool this week meant to assist dealerships in developing a fair lending policy and better defend themselves in credit discrimination audits. The company introduced an Equal Credit Opportunity Act Model Fair ... [Read More]

CENTENNIAL, Colo. — CU Direct Connect announced this week that it has signed an agreement with Sonic Automotive to be a preferred lender for the dealer group's stores in Colorado. Officials indicated the agreement became effective on Aug. 1. CU ... [Read More]

SCHAUMBURG, Ill. — With compliance associated with mandates issued by the Consumer Financial Protection Bureau creating quite an industry stir nowadays, Zurich Automotive revisited regulations that are a little older but still vital to day-to-day operations at dealerships. Zurich reiterated ... [Read More]

EDINA, Minn. — CarHop has continued to add to its network of buy-here, pay-here dealerships, venturing into another state among its three newest stores. The company is now moving metal at lots near San Diego, another in Pueblo, Colo., and ... [Read More]

ORLANDO, Fla. — This year as US Equity Advantage celebrates its 10th year in business as a provider of biweekly and custom consumer loan acceleration services to the automotive industry, the company highlighted several milestone achievements. Those accomplishments include: —A ... [Read More]

DETROIT — Ally Financial and Wolters Kluwer Financial Services announced that Ally has started to accept recreation vehicle finance applications through Wolters Kluwer's AppOne dealer portal. The companies explained AppOne is a Web-based platform that can provide Ally and its ... [Read More]

HOUSTON — It won't be long before buy-here, pay-here dealerships begin sales campaigns in hopes of turning metal based on potential buyers' tax refunds to be cashed in early next year. However, Ken Shilson warned of a snag those potential ... [Read More]

FARMINGTON HILLS, Mich. — This morning, RouteOne launched FinanceConnect, what the company highlighted as a new digital consumer credit application that can enable dealers to create a compelling and unique online shopping experience to drive sales and financing growth.  "More ... [Read More]

SCOTTSDALE, Ariz. — CNA National, a provider of vehicle service contracts and reinsurance programs, recently formed an alliance with F&I program provider RoadVantage. The companies are joining forces to market a full suite of ancillary products to dealerships nationwide. Officials ... [Read More]

BENTONVILLE, Ark. — America's Car-Mart opened the 128th dealership in its network of buy-here, pay-here stores last week. Marking the fourth new dealership opening during its 2014 fiscal year, Car-Mart started operations in Meridian, Miss., the fifth location in the ... [Read More]