Fitch: 4Q Auto ABS Delinquency at 6-Year High, ’08 Performance to Date
Thursday, Mar. 27, 2008, 12:00 AM
Nick Zulovich
NEW YORK — Given the state of the credit markets, it was somewhat unsurprising that subprime auto asset-backed securities' performance showed higher delinquencies and losses during the fourth quarter of 2007, according to Fitch Ratings. "On a month-over-month basis, the indices ... [Read More]
AppOne, Payless Car Sales Team Up
Thursday, Mar. 27, 2008, 12:00 AM
Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, along with Payless Car Sales, recently announced a partnership to provide Payless Car Sales dealers access to the AppOne platform. The AppOne platform provides Payless dealers with access to ... [Read More]
CFOs Reveal How Economic Concerns Are Impacting Their Businesses
Thursday, Mar. 27, 2008, 12:00 AM
Nick Zulovich
FLORHAM PARK, N.J., and NEW YORK — As many in the industry are aware, a big part of consumers' buyer power is tied up with their salaries and the health of the companies they work for. To take a glimpse into just ... [Read More]
VantageILM Appoints Interim CEO
Thursday, Mar. 27, 2008, 12:00 AM
Nick Zulovich
PASADENA, Calif. — VantageILM gains a new interim chief executive officer. This announcement comes on the heels of the company reporting that it has received a capital investment from Momentum Venture Management. VantageILM is a provider of integrated lender/leasing management solutions ... [Read More]
Cars.com Launches Online Credit Application for Consumers
Tuesday, Mar. 25, 2008, 12:00 AM
Nick Zulovich
CHICAGO — Cars.com announced today that it has launched a secure credit application that dealers can use to more effectively work with Internet buyers. According to officials, this application can allow shoppers to safely provide their financial and contact information to ... [Read More]
VINtek Introduces Online E-Contracting Platform for Consumers
Tuesday, Mar. 25, 2008, 12:00 AM
Nick Zulovich
PHILADELPHIA — VINtek, a provider of automotive collateral management services for banks, credit unions and other auto finance lenders, recently announced the introduction of TitleMyCar.com, a direct-to-consumer auto loan documentation portal. TitleMyCar.com is used by direct auto lenders in conjunction with ... [Read More]
Finance Express Teams Up with JM&A Group to Offer More Products to Dealers
Tuesday, Mar. 25, 2008, 12:00 AM
Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express announced it has entered into a joint marketing agreement with JM&A Group allowing Finance Express to offer Extended Warranty and GAP programs to their dealers. JM&A Group is a JM Family Enterprises group of ... [Read More]
Autodata Solutions, Autoland Continue Relationship
Tuesday, Mar. 25, 2008, 12:00 AM
Nick Zulovich
DETROIT — Autodata Solutions recently announced that Autoland will continue to use its core automotive data to support the company's one-stop online portal for credit union members to find vehicle information and to purchase cars. Autoland also said it will license ... [Read More]
DealerTrack to Host Online Seminar on Red Flag Rules
Thursday, Mar. 20, 2008, 12:00 AM
Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced today that it will be holding an online seminar to help dealers prepare for the Red Flag Rules, which go into effect Nov. 1. The seminar will be hosted on March 25. Basically, the event ... [Read More]
Experts Reveal Marketing Tips to Ramp Up Sales Success
Thursday, Mar. 20, 2008, 12:00 AM
Nick Zulovich
NEW YORK — The ways of marketing to consumers today are vast and encompass a wide array of mediums from Internet to direct mailing to TV to radio and more. Not to mention the ever-growing need to reach out successfully to ... [Read More]