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Dealers’ Financial Services Taps Underwriter for MILES Program
Thursday, May. 22, 2008, 12:00 AM
Nick Zulovich
LEXINGTON, Ky. — Dealers' Financial Services recently named Great American Insurance Co. as the underwriter for its MILES Guaranteed Auto Protection Program, which is designed to assist and protect active-duty military personnel when they are making a vehicle purchase. According to ... [Read More]
BlueSky Implements BDC Program for Dealers
Thursday, May. 22, 2008, 12:00 AM
Nick Zulovich
SAN RAMON, Calif. — BlueSky Marketing Group, a provider of direct marketing and lead generation for auto dealers, recently announced it has launched its full-service business development center division, which is designed to help dealers efficiently deliver more vehicles. BlueSky's Pure ... [Read More]
Peak5 Joins AFSA
Thursday, May. 22, 2008, 12:00 AM
Nick Zulovich
CENTENNIAL, Colo. — Peak5 recently announced that it has become a member of the American Financial Services Association. As such, Peak5 indicated that it can provide a variety of unique resources to other AFSA members. This includes its Test Drive Peak5 ... [Read More]
ABA to Host Compliance Conference
Tuesday, May. 20, 2008, 12:00 AM
Nick Zulovich
CHICAGO — Government and private-sector regulatory compliance experts will brief more than 1,200 bank professionals on the latest challenges and regulations at the upcoming American Bankers Association Compliance Conference to be held June 8 to 11 at Hyatt Regency Chicago. Shelia ... [Read More]
Chevy Chase Bank Joins RouteOne
Tuesday, May. 20, 2008, 12:00 AM
Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced today that Chevy Chase Bank, one of the largest banks in the Washington, D.C./Baltimore metropolitan area, has joined its growing roster of finance sources. Chevy Chase Bank serves nearly 300 franchised and independent dealer partners ... [Read More]
AppOne Adds New Lender to Platform
Tuesday, May. 20, 2008, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced this week that Turner Acceptance Corp., a Chicago-based consumer finance company, has been added to its network of lenders. Through this new relationship, Turner Acceptance will offer ... [Read More]
CNW Predicts Rise in New-Car Sales Relatively Soon as Housing Inventories Correct
Tuesday, May. 20, 2008, 12:00 AM
Nick Zulovich
BANDON, Ore. — According to Art Spinella, of CNW Research, the downfall in the housing market played a big role in the collapse of new-car sales, and he recently went into further detail about this trend. Basically, in his latest analysis ... [Read More]
Fed: Average APR Declines at Auto Finance Companies
Thursday, May. 15, 2008, 12:00 AM
Nick Zulovich
WASHINGTON — The Federal Reserve recently released its latest consumer credit statistics and found that the average interest rate on an vehicle loan at auto finance companies is down, dropping slightly to 4.19 percent in March from 5.37 percent in February. ... [Read More]
Navy Federal Credit Union Teams Up with VINtek
Thursday, May. 15, 2008, 12:00 AM
Nick Zulovich
PHILADELPHIA — Virginia-based Navy Federal Credit Union has selected VINtek as its title management provider for its auto lending business. "We selected VINtek as our title management provider because of the company's history of integrity, superior performance and commitment to ... [Read More]
Greene Joins Board at Non-Prime Auto Finance Company
Thursday, May. 15, 2008, 12:00 AM
Nick Zulovich
ATLANTA — Navigation Capital Partners, a leading Atlanta-based middle market private equity firm, recently announced that O.G. Greene joined the firm as an operating partner and will serve on the board of Exeter Finance Corp., a non-prime auto finance company. Greene ... [Read More]