WASHINGTON, D.C. — The Consumer Federation of America analyzed the most recent Federal Reserve Board Survey of Consumer Finances and reported that Latinos pay much higher used-car loan rates than do other Americans. Basically, slightly more than half of all auto ... [Read More]

RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced that Dealer Acceptance Credit Corp. has entered an agreement to join the Finance Express online auto finance program. Dealer Acceptance Credit Corp. offers retail financing in central and southern Ohio, northern Kentucky ... [Read More]

CARMEL, Ind. — In an exclusive with SubPrime Auto Finance News, KAR Holdings' AFC and AFCD announced Wednesday that they are downsizing operations within certain markets, in addition to trimming the overall work force. This move is due to the steady ... [Read More]

EDEN PRAIRIE, Minn. — GE Capital Solutions Fleet Services announced it is hosting a free online seminar called Vehicle Remarketing for Subprime Auto Lenders — Trends that will Affect Your Bottom Line in 2009 on Oct. 7. Specific info includes: Tuesday, Oct. ... [Read More]

LAS VEGAS, Nev. — F&I Technology announced Wednesday the winners of its Captive and Non-Captive Funders of the Year. These awards were presented at the F&I Technology Conference and Expo in Las Vegas and sponsored by RouteOne LLC. Readers of F&I ... [Read More]

FARMINGTON HILLS, Mich. — Daimler Financial Services Americas and the John F. Kennedy Center for the Performing Arts recently announced an innovative education program that combines new media digital technology and the creativity of middle school students and their teachers. The ... [Read More]

NEW YORK — A recent study by Capital One Financial Corp. discovered that the majority of consumers with auto loans do not know the interest rate they are paying. More specifically, this number came in at 61 percent of Americans who ... [Read More]

CENTENNIAL, Colo. — Peak5 announced today that it has named a senior vice president of national sales. Accepting this position with the company is Thomas Richards. Richards has been working within the auto industry for almost 15 years, according to officials. ... [Read More]

HOUSTON — The National Alliance of Buy-Here, Pay-Here Dealers recently announced the speaker lineup for its second annual Underwriting and Collections Conference to be held Nov. 2-4, 2008 in Houston. Kenneth Shilson, conference chairman, announced that Jay Rose, national automotive trainer ... [Read More]

SARASOTA, Fla. — Auto Dealer Monthly announced that it has officially released its Complete Guide to Special Finance, written by auto retail industry trainer and consultant Greg Goebel. This new guidebook offers in-depth coverage on how to build, maintain and grow ... [Read More]