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
Experian Schedules Webinar to Discuss 2009 Effects on Industry
Thursday, Apr. 29, 2010, 12:00 AM
Nick Zulovich
SCHAUMBURG, Ill. — Since events of last year so greatly altered how the industry behaves, Experian Automotive planned a free Webinar to share analysis about how much of an impact 2009 has left. The Webinar that will feature Experian's director of ... [Read More]
Capital One Survey Gauges Alternative-Fuel Vehicle Interest
Thursday, Apr. 29, 2010, 12:00 AM
Nick Zulovich
McLEAN, Va. — Capital One Auto Finance recently completed a survey to learn more about how truly interested consumers are in fuel-efficient and alternative-fuel vehicles. Turns out, the majority of consumers who participated are concerned about these attributes of their future ... [Read More]
Strong Auction Values Help Ford Credit Grow Net Income
Thursday, Apr. 29, 2010, 12:00 AM
Nick Zulovich
DEARBORN, Mich. — Describing first-quarter results, Mike Bannister, chairman and chief executive officer of Ford Credit, said net income was bolstered in part by improvements in the used-vehicle auction markets. The company witnessed lower depreciation expense for leased vehicles thanks to higher auction ... [Read More]
AOL Autos Highlights Best April Finance Deals
Thursday, Apr. 29, 2010, 12:00 AM
Nick Zulovich
DETROIT — While perhaps not surprising, Toyota is highlighting the way with strong deals in financing this month, while General Motors and Chrysler are apparently not far behind, according to Gary Hoffman, a correspondent for AOL Autos. "In much of the ... [Read More]
Chrome Systems to Host Free Webinar about Vehicle Descriptions
Tuesday, Apr. 27, 2010, 12:00 AM
Nick Zulovich
PORTLAND, Ore. — Chrome Systems is looking to help dealers and financial institutions reduce risk wherever possible. So, the company has scheduled a free Webinar to discuss how best to minimize investment risks and maximize vehicle profits. This free Webinar is ... [Read More]
NADA Keeps Close Watch of Ongoing Lending Bill Debate in Senate
Tuesday, Apr. 27, 2010, 12:00 AM
Nick Zulovich
WASHINGTON, D.C. — U.S. Senate floor activity is particularly important to the National Automobile Dealers Association and dealership management this week. Lawmakers are ramping up consideration of the proposed Bureau of Consumer Financial Protection, which could completely change how dealerships operate, some ... [Read More]
Auto Financial Group, Frankenmuth Credit Union Reach Deal
Tuesday, Apr. 27, 2010, 12:00 AM
Nick Zulovich
HOUSTON — Auto Financial Group, an online provider of residual-based financing products for credit unions, recently announced it has signed an agreement with Frankenmuth Credit Union, a Michigan-based institution. Executives explained the agreement means FCU can offer AFG's DrivingSense as both ... [Read More]
LexisNexis Risk Solutions Rolls Out New Feature
Tuesday, Apr. 27, 2010, 12:00 AM
Nick Zulovich
NEW YORK — A new feature now is available with the LexisNexis Receivables Management Solutions Suite. Officials highlighted that LexisNexis Banko Events Monitoring can automate the process of monitoring bankruptcy events and help collections organizations improve efficiency. They also contend the new ... [Read More]
Edmunds.com: Zero-Percent Finance Deals Hit Record High
Thursday, Apr. 22, 2010, 12:00 AM
Nick Zulovich
SANTA MONICA, Calif. — Edmunds.com recently discovered that new-vehicle contracts which included zero-percent financing reached a new industry high during March. Site analysts found that more than 22 percent of financed new vehicles were purchased with zero-percent finance deals this past ... [Read More]
DriveItNow Unveils Soft Pull Credit Analysis Technology
Thursday, Apr. 22, 2010, 12:00 AM
Nick Zulovich
CINCINNATI — Automobile Consumer Services and DriveItNow Payment Marketing Service recently collaborated on "soft pull" credit analyzing technology. Executives explained how the process works when a consumer clicks the DriveItNow payment button that's displayed on vehicle search listings, dealer Web sites ... [Read More]