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DealerTrack to Host Free Compliance Webinar
Tuesday, Dec. 13, 2011, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack is hosting the second of a free two-part Webinar series designed to highlight the most critical compliance issues dealerships face today. DealerTrack compliance counsel Randy Henrick is set to be part of the session scheduled ... [Read More]
Hudson Cook Adds Three Attorneys & Opens New England Offices
Tuesday, Dec. 13, 2011, 12:00 AM
Nick Zulovich
HANOVER, Md. — Hudson Cook LLP recently announced the addition of three attorneys and the opening of the firm’s New England offices. Joining the firm is Lori Desjardins, Thomas Quinn Jr. and Ryan Stinneford — all formerly with Pierce Atwood ... [Read More]
Experian Unveils AutoCheck Mobile for Consumer
Tuesday, Dec. 13, 2011, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Already utilized by dealers, Experian Automotive on Tuesday launched AutoCheck Mobile for Consumer. Available through both Android and iPhone devices, Experian highlighted the new application can provide used-vehicle buyers with access to AutoCheck vehicle history reports. Officials ... [Read More]
NAC Rolls out 24-Hour Online Claims Submission Service
Tuesday, Dec. 13, 2011, 12:00 AM
Nick Zulovich
WESTERVILLE, Ohio — This week, vehicle service contract provider NAC announced an expansion of its online technology platform to now include a new 24-hour online claims submission service. Designed to address the efficiency gaps and time-of-day restrictions vehicle dealership service ... [Read More]
PayNearMe Gives BHPH Customers New Payment Locations
Thursday, Dec. 8, 2011, 12:00 AM
Nick Zulovich
MOUNTAIN VIEW, Calif. — In an effort to make the customer payment process easier and more convenient for buy-here, pay-here dealers, as well as their clients, cash transaction network PayNearMe recently revealed its new product called PayNearMe Auto. This offering ... [Read More]
AutoNation Announces New $1.7 Billion Credit Agreement
Thursday, Dec. 8, 2011, 12:00 AM
Nick Zulovich
FORT LAUDERDALE, Fla. — AutoNation announced Wednesday it has entered into a new unsecured credit agreement with a $500 million term loan facility and a $1.2 billion revolving credit facility. The company explained the new credit agreement contains an accordion ... [Read More]
Bank of America, DataScan Field Services Partner on New Buying Website
Thursday, Dec. 8, 2011, 12:00 AM
Nick Zulovich
ALPHARETTA, Ga. — Bank of America and DataScan Field Services joined forces Thursday to roll out a website designed for used-vehicle buyers to complete their transactions in one place. The two companies launched PRNDL.com — pronounced prindle — a name ... [Read More]
Huntington Bank Set to Showcase Loan Packages During 2012 Indy Auto Show
Thursday, Dec. 8, 2011, 12:00 AM
Nick Zulovich
COLUMBUS, Ohio — While serving as an event sponsor, Huntington Bank will be looking to drum up some auto loan business during the upcoming 2012 Indy Auto Show. Huntington indicated earlier this week that it plans to have bankers available ... [Read More]
VINtek Manages Second Lien Filings on Upwards of 70,000 Trucks
Tuesday, Dec. 6, 2011, 12:00 AM
Nick Zulovich
PHILADELPHIA — Auto finance solutions company VINtek recently announced it has completed second lien filings on a fleet of more than 70,000 trucks, using its VINtekTIME technology — a platform that processes paper and paperless titles, or electron lien and ... [Read More]
Franchised Activity Pushes BHPH Market Share
Tuesday, Dec. 6, 2011, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Buy-here, pay-here penetration in used-vehicle financing continues to be on the rise, according to third-quarter data assembled by Experian Automotive. Experian discovered the BHPH market share climbed 10.5 percent year-over-year to 14.26 percent of all used-vehicle financing ... [Read More]