DETROIT — With the annual gathering of franchised dealers dead ahead, Ally is ramping up its lease training on the heels of more than 7,700 dealer employees going through the program a year ago. The company highlighted attendees of Ally's ... [Read More]

ARLINGTON, Texas — Earlier today, SFG Finance launched a new loyalty program and formed an alliance with Subprime Analytics. As part of the alliance, the purchaser of paper from buy-here, pay-here finance companies, banks and credit unions indicated thousands of ... [Read More]

SOUTHFIELD, Mich. — Designed to streamline processes for Volkswagen and Audi dealers, Open Dealer Exchange today announced an integration partnership with VW Credit. The technology company for lenders, F&I product providers and dealers explained the partnership includes processing credit application ... [Read More]

DALLAS — ASEDA Fleet has partnered with AutoNation to offer affordably priced new and used vehicles for members of Native American and Alaska Native Tribes. The program, which can be accessed online, started last week in California, Alaska and Florida. ... [Read More]

CARY, N.C. – In what has become tradition, SubPrime Auto Finance News is looking to highlight the top companies in the industry in an upcoming issue. Whether a lender, floor planner, GPS provider or another type of vendor, the publication ... [Read More]

DEARBORN, Mich. — Although its net income grew in the fourth quarter, Ford Motor Credit revealed Friday that its 2011 net income softened slightly from what it compiled a year earlier. Executives reported their net income settled at $1.8 billion ... [Read More]

DALLAS — While also highlighting the company's revamped website, Automotive Finance Corp. announced a new national floor planning promotion this week. During festivities at the company's official 25th anniversary celebration hosted at ADESA Dallas, AFC said it is giving away ... [Read More]

ARLINGTON, Texas — The National Independent Automobile Dealers Association has appointed a legislative/regulatory/compliance counsel, revealing Wednesday that Mac Murray, Peterson & Shuster LLP has taken on the role. The New Albany, Ohio, firm is headed up by Betty Montgomery, who ... [Read More]

ATLANTA — Expanding more on the recent deal to buy Dealer Services Corp., Patrick Brennan, group vice president for Manheim Financial Services, told SubPrime Auto Finance News today that at first, dealers and clients won't see many changes. Business will remain ... [Read More]

SANTA MONICA, Calif. — Edmunds.com revisited a discussion this week that's been on the radar of finance associations, lenders and the new Consumer Financial Protection Bureau — how members of the U.S. military are particularly vulnerable to deceptive practices by ... [Read More]