SAN ANTONIO, Texas — Chase Auto Finance has opened a new Custom Finance Business Center to meet the subprime needs of dealers in San Antonio, Texas, which will cover central and southern Texas. Officials said Hu Hunger will manage the new office ... [Read More]

SAN FRANCISCO — In order to streamline its technology, Chrysler Financial has teamed up with Salesforce.com to offer leasing and financing solutions. Through the partnership, Salesforce will provide customized business applications, along with consumer Web applications in order to drive efficiency ... [Read More]

INDIANAPOLIS — White River Capital, which includes subsidiaries Coastal Credit and Union Acceptance Co., recently reported that its net income for the third-quarter was down significantly compared to the same period in the previous year. One of the main reasons for ... [Read More]

FORT WORTH, Texas — Reviewing AmeriCredit's subprime portfolio, Dan Berce, president and chief executive officer, indicated that it is showing pressure in delinquencies and losses from its 2006 loan vintage. The further seasoning of this vintage has caused the management team ... [Read More]

FARMINGTON HILLS, Mich. — Chrysler Financial invited women from throughout its organization to attend the second annual Women's Conference, which is designed to raise awareness of issues facing women in the workplace, in addition to discussing the newly independent financial arm. ... [Read More]

SOUTHFIELD, Mich. — GMAC Insurance recently announced two new products for dealers and retail customers. The two products, Guaranteed Automotive Protection Care Advantage, along with Repair Advantage, a vehicle protection plan, were designed to provide best-in-class quality, support, flexibility and confidence ... [Read More]

HANOVER, Md. — Hudson Cook recently announced that Emily Marlow Beck, a well-known attorney in the firm's Hanover Office, has been invited to participate as a workshop co-panelist at the National Auto Dealers Association's Convention and Expos in San Francisco. As ... [Read More]

ORLANDO, Fla. — MenuVantage recently announced that Nation Safe Drivers has joined its nationwide network of active F&I providers.  The company joins more than 50 other providers currently on the MenuVantage platform, including Protective, A.U.L Corp., LOTS, Cal-Tex Protective Coatings, SouthwestRe, CNA ... [Read More]

IRVINE, Calif. — During the third quarter, Consumer Portfolio Services reported that it purchased $340.2 million in contracts from dealers, as compared with $346.0 million during the second quarter of 2007 and $254.4 million during the third quarter of 2006. However, while ... [Read More]

BOSTON — Financial professionals believe that the worst of the credit crunch is not over, according to a survey conducted yesterday at the Association for Financial Professionals Annual Conference being held in Boston. Almost two-thirds (62 percent) of survey respondents indicated ... [Read More]