Revamped JD Power Consumer Financing Satisfaction Study focuses on ‘financially vulnerable’
Thursday, Nov. 14, 2024, 10:00 AM
Credit availability eases again in October
Wednesday, Nov. 13, 2024, 11:14 AM
More insight from Equifax & TransUnion about Q3 delinquency
Wednesday, Nov. 13, 2024, 02:39 PM
Honda Kicks Off Special Incentives Campaign
Thursday, Mar. 10, 2011, 12:00 AM
Nick Zulovich
CHARLOTTE, N.C. — "The Really Big Thing" is special sales event now being offered via Honda dealers and includes low cost leases and incentives. For a limited time during "The Really Big Thing Honda Lease Sales Event," the automaker is offering ... [Read More]
ChannelNet Shares Growth Achievement
Tuesday, Mar. 8, 2011, 12:00 AM
Nick Zulovich
SAUSALITO, Calif. — ChannelNet, a company that provides secure personal microsite solutions in the auto financing industry, revealed recently that it has rolled out more than 8 million sites incorporating its personalization and targeting capabilities. The debut personal microsite from ChannelNet — ... [Read More]
DBRS Details Reasons for Strong Auto ABS Market This Year
Tuesday, Mar. 8, 2011, 12:00 AM
Nick Zulovich
NEW YORK — DBRS recently reviewed last year's auto ABS performance and gave reasons why this year's used-vehicle market in particular should remain relatively strong. DBRS explained that auto ABS was the largest sector by securitization volume in 2010, although ... [Read More]
Car-Mart Opens 105th Dealership
Tuesday, Mar. 8, 2011, 12:00 AM
Nick Zulovich
BENTONVILLE, Ark. — America's Car-Mart expanded its dealer network to 105 stores by opening its seventh rooftop in Alabama. The newest operation is located in Anniston, Ala. "We are pleased to announce the opening of our seventh location in Alabama. ... [Read More]
Proposed $100M Senior Secured Notes Offering Detailed by Credit Acceptance
Tuesday, Mar. 8, 2011, 12:00 AM
Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently shared its plans for a $100 million offering of its 9.125-percent senior-secured notes due 2017. The company explained that: "The notes will constitute additional securities under an existing indenture pursuant to which the ... [Read More]
CFPB Assistant Director Tapped as Keynote Speaker for NAF Association Conference
Monday, Mar. 7, 2011, 12:00 AM
Nick Zulovich
HANOVER, Md. — The keynote speaker set to present at the National Automotive Finance Association’s 16th annual conference this spring was revealed this week. And this speaker could potentially be answering many dealer and industry concerns regarding the new Consumer ... [Read More]
Sale of Ally Trusted Preferred Securities Likely to Result in $2.7B for Treasury
Thursday, Mar. 3, 2011, 12:00 AM
Nick Zulovich
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TransUnion: Auto Loan Delinquency Rates Remain Nearly Flat to Close 2010
Thursday, Mar. 3, 2011, 12:00 AM
Nick Zulovich
CHICAGO — Along with sharing its analysis of 60-day delinquency rates and regional trends that unfolded as 2010 closed, TransUnion also discussed what it believes could happen this year. TransUnion determined the national 60-day auto delinquency rate — the ratio ... [Read More]
ABI: 2011 Begins with Double-Digit Filing Rise
Thursday, Mar. 3, 2011, 12:00 AM
Nick Zulovich
ALEXANDRIA, Va. — Consumer bankruptcy filings have started on an upward trend this year, climbing by double digits month-over-month. The American Bankruptcy Institute revealed that February's total reached 102,686 filings, up from the 92,669 consumer filings recorded in January. The ... [Read More]
Independent Dealers Gain Access to More Lenders Through Expanded Wolters Kluwer, RouteOne Relationship
Thursday, Mar. 3, 2011, 12:00 AM
Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services said Wednesday that its relationship with RouteOne has been broadened, meaning that Wolters Kluwer's AppOne platform can now help independent dealers access a broader spectrum of lenders. As most likely know, AppOne is designed ... [Read More]