SOUTHFIELD, Mich. — Detroit Trading Exchange announced Wednesday that more than 1 million finance leads have been traded through its platform in less than a year of operation.  According to officials, since its debut in November of last year, more than ... [Read More]

NASHVILLE — Nissan Motor Acceptance Corp. recently received the Auto Finance Excellence Award, which was presented to the company for its e-leasing efforts during the Auto Finance Summit Awards Ceremony in Las Vegas. "Perseverance is the key word when considering Nissan ... [Read More]

NEW YORK and LAKE SUCCESS, N.Y.  — Asbury announced this week that it has selected DealerTrack as its DMS solutions and technology partner. Asbury's 124 new vehicle franchises currently use DMS systems from three other providers, but will begin systematically replacing ... [Read More]

WESTLAKE VILLAGE, Calif. — The percent of consumers upside-down on their trades has continued to decline, according to recent analysis released from Power Information Network. "From the third quarter of 2005 to the same period of this year, this measure has ... [Read More]

CLEARWATER, Fla. — Car Buyer Network, a subsidiary of CIQ, recently launched the Car Buyer Network Lead Service, which is a new service designed specifically for the independent dealer market. According to officials, the new lead service can be a cost ... [Read More]

FARMINGTON HILLS, Mich. — RouteOne recently announced that Bank of the West, a high-performance, full-service regional financial services company, has joined the growing roster of finance sources on its Web-based credit application management system. The bank caters to customers in ... [Read More]

LOS ANGELES — Westlake Financial Services announced a new president this week as Bruce Newmark departed the company. Taking on the responsibilities is Don Hankey, chairman of the board.  In related news, Westlake said it has also added two executives — Michael ... [Read More]

LITTLETON, Colo. — PassTime USA recently announced two new partnerships designed to add more services to the company's repertoire. To kick off the announcements, PassTime said it has teamed up with Summit Funding Group, a Cincinnati-based leasing and financing company.  Thanks ... [Read More]

SCOTTSDALE, Ariz. — The Automotive Dealership Institute has added a new associate professor that is a well-known F&I trainer and consultant in the industry. In a new partnership, Rebecca Chernek, president of Chernek Consulting, has agreed to offer classes to help ... [Read More]

NORTH HOLLYWOOD, Calif. — 2Loan4Less.com is a newly launched free online service which consumers can use to shop for new and used car loans. By offering the ability to compare rates and terms offered by a network of lenders, consumers will ... [Read More]