Normal 0 false false false EN-US X-NONE X-NONE SAN FRANCISCO — Wells Fargo — the auto lending market leader according to the latest data generated by Experian Automotive — watched its originations soften as the year closed, but they still ... [Read More]

ST. LOUIS — Enterprise Car Sales, which specializes in working with credit unions of all sizes to increase auto loan volume, said it generated a total of more than $380 million in loan volume for credit unions through used-vehicle sales ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE McLEAN, Va. — The National Automobile Dealers Association reminded members about a particular tax form that must be filed before the end of the month. NADA explained that dealers who receive more ... [Read More]

STAMFORD, Conn. — GE Capital Retail Bank and KTM North America, a powersports unit manufacturer, recently announced a multi-year extension of their consumer financing program. GE Capital Retail Bank provides financial solutions to retailers and dealers to help grow their ... [Read More]

NEW YORK — Investment research firm DBRS expects that lenders will begin to loosen credit standards to achieve growth strategies as the auto finance market continues to improve, competition increases and credit availability resumes. As a result, the firm contends ... [Read More]

CINCINNATI — Swapalease.com highlighted this week that customer credit approvals based on U.S. bank data jumped 27.3 percent in 2012 compared with approval rates from the previous year. Most notably, the site pointed out that the last two months of ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE DETROIT — On Thursday, Ally Financial's board of directors declared quarterly dividend payments for certain outstanding preferred stock. These dividends are payable on Feb. 15. The company indicated a quarterly dividend payment ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE ATLANTA — Safe-Guard Products International, an F&I provider in the auto industry, announced recently it has been purchased from H.I.G. Capital by an affiliate of Goldman Sachs, in partnership with management. "Safe-Guard ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE BENTONVILLE, Ark. — America's Car-Mart increased its network of buy-here, pay-here dealerships on Tuesday by rolling out its 119th store in previously uncharted territory. The newest location and the fifth the company ... [Read More]

Normal 0 false false false EN-US X-NONE X-NONE ARLINGTON, Texas — SFG Finance announced Tuesday that the company's senior vice president of acquisitions, Robert Chickowski, will soon be retiring. Chickowski is stepping away from the company on Jan. 31. SFG ... [Read More]