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AWARE Shares Auto Finance Guidance for Veterans
Tuesday, Nov. 15, 2011, 12:00 AM
Nick Zulovich
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ABI Finds 8-Percent Drop in Bankruptcies during Last Fiscal Year
Tuesday, Nov. 15, 2011, 12:00 AM
Nick Zulovich
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Prestige Establishes $30M Line of Credit with Chase
Thursday, Nov. 10, 2011, 12:00 AM
Nick Zulovich
SALT LAKE CITY — Prestige Financial Services recently revealed it has established a $30 million senior secured line of credit with Chase. The company explained that this line will serve as one of two primary sources of short-term revolving liquidity ... [Read More]
GM Financial Doubles 3Q Net Income
Thursday, Nov. 10, 2011, 12:00 AM
Nick Zulovich
FORT WORTH, Texas — With hopes of still increasing its U.S. lease volume, nearly every element of General Motors Financial's balance sheet improved during the third quarter, resulting in a net income total that doubled from the same quarter a ... [Read More]
A&P Financial Services Joins AppOne Platform
Thursday, Nov. 10, 2011, 12:00 AM
Nick Zulovich
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Finance Express Adds Another Subprime Option to Lender Portal
Thursday, Nov. 10, 2011, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Dealers who focus on special financing and consumers with subprime credit will now have another lender option through Finance Express’ lender portal. The provider of Web-based financial services and technology for independent dealerships recently announced ... [Read More]
Ford Motor Credit Unveils Lincoln Automotive Financial Services
Tuesday, Nov. 8, 2011, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Ford Motor Credit created a new division Monday to finance consumer purchases of Lincoln models. Officials described Lincoln Automotive Financial Services by stating "the premium customer experience is even more seamless with available financing and exceptional service" ... [Read More]
Car-Mart Opens 111th Dealership, 10th in Alabama
Tuesday, Nov. 8, 2011, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — Buy-here, pay-here dealership group America's Car-Mart recently announced the opening of its 111th dealership, located in Phenix City, Ala. This store marks the company’s 10th in Alabama, with more on the way, officials noted. Officials also shared ... [Read More]
Stronger Volume Trends & Loan Conditions Spark Credit Acceptance to 3Q Income Gains
Tuesday, Nov. 8, 2011, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Strong gains in both loan unit volume and the amount financed pushed Credit Acceptance Corp. to third-quarter jumps in both consolidated net income and adjusted net income. The company recently revealed its third-quarter consolidated net income came ... [Read More]
U.S. Bank Launches Online Auto Buying Service
Tuesday, Nov. 8, 2011, 12:00 AM
Nick Zulovich
MINNEAPOLIS — In what could generate leads for participating dealers, U.S. Bank and TrueCar recently joined forces to create the U.S. Bank Auto Buying Service. Officials highlighted the U.S. Bank Auto Buying Service can help shoppers to find the vehicle of ... [Read More]