SCHAUMBURG, Ill. — Experian Automotive announced Monday that it has launched an automotive-specific credit profile report. Designed expressly for dealers and lenders, officials said Experian's Automotive Credit ProfileSM can help those financing auto loans more quickly and accurately make the best ... [Read More]

WESTLAKE VILLAGE, Calif. — In its latest market analysis, Power Information Network reported that the retail auto business is continuing to embrace longer loans. "Six-year loans (taken out at the dealership) now account for four of every 10 new-vehicle loans, almost ... [Read More]

MINNEAPOLIS — To meet the growing demand for paperless finance transactions within the auto finance industry, Wolters Kluwer Financial Services announced Monday that it is offering dealers, work flow aggregators and lenders new standardized and customizable motor vehicle lease agreements in an ... [Read More]

SARASOTA, Fla. — CarBiz recently announced that it has received a dealer license for the state of Texas. According to the company, this marks the final dealer license for CarBiz to obtain following its major acquisitions of 26 dealerships in the ... [Read More]

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]

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]

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]

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]

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]

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]