{UserName}

The industry's two top vehicle history reporting companies have added to their databases vehicle identification numbers of the 700,000 trade-ins meant to be scrapped under the government's cash for clunkers program. 4:08 pm U.S. ET | Nov. 5

About 130 to 140 Chrysler Group dealers have not been approved for permanent floorplan financing because of lingering issues with Chrysler Financial, Peter Grady, the automaker's vice president of network development and fleet, said today. 2:20 pm U.S. ET | Nov. 4 | UPDATED: 11/4/09 5:33 p.m. ET
   • Fiat-based models will begin rolling out in 2012, exec says
   • Lawmaker asks GMAC to extend Chrysler dealer floorplans

GMAC Financial Services should extend a six-month program of interim floorplan financing for Chrysler Group dealerships to help keep many of them from going out of business, a Michigan congresswoman says. Rep. Candice Miller, R-Mich. 4:26 pm U.S. ET | Nov. 4
   • Up to 140 Chrysler dealers still need floorplan financing

GMAC narrows losses in Q3; auto operations profitable

GMAC Financial Services reduced its third-quarter net loss to $767 million from $2.5 billion for the same period last year and from $3.9 billion in the previous quarter this year. 9:01 am U.S. ET | Nov. 4 | UPDATED: 11/4/09 11:29 a.m. ET

Red Flags Rule delayed for 4th time

The Federal Trade Commission has again postponed enforcement of the Red Flags Rule -- a regulation designed to protect consumers from identity theft. Enforcement has been delayed a fourth time -- until June 1, 2010. 11:09 am U.S. ET | Nov. 3

Credit troubles may keep U.S. auto demand low

Just as subprime lending set the stage for the housing crisis that set off the economic downturn, easy credit played a major role in inflaming demand for high-priced sports-utility vehicles and other vehicles, auto manufacturers and retailers said... 12:01 am U.S. ET | Nov. 3

GMAC may need less of an infusion, Geithner says

GMAC Financial Services may not need as much funding as U.S. officials had projected in its layer of taxpayer-backed funding, U.S. Treasury Secretary Timothy Geithner said today. 12:31 pm U.S. ET | Oct. 29

GMAC negotiating for more Treasury help

GMAC Financial Services Inc. is talking with the U.S. Treasury Department about a possible additional cash infusion to the company, an Obama administration official confirmed on Tuesday night. 12:01 am U.S. ET | Oct. 28 | UPDATED: 10/28/09 11:04 a.m. ET

NADA seeks more SBA help for dealers

The National Automobile Dealers Association urged the Obama administration to more than double to at least $5 million the maximum size of dealer floorplan loans it will guarantee, as Congress considers similar action. 4:01 pm U.S. ET | Oct. 27 | UPDATED: 10/27/09 4:53 p.m. ET

Chrysler Financial to wind down by end of 2011

Chrysler Financial, following the directions of the U.S. Treasury Department, plans to wind down its business by the end of 2011, U.S. pay czar Kenneth Feinberg said. The lending company, which received $1. 10:21 am U.S. ET | Oct. 23 | UPDATED: 10/23/09 1:28 p.m. ET

Dealers win exemption in finance reform bill

The National Automobile Dealers Association won a legislative victory today when a House committee exempted dealership-assisted auto financing from oversight by a new consumer agency. 2:17 pm U.S. ET | Oct. 22 | UPDATED: 10/22/09 3:20 p.m. ET

NADA tries to ease Chrysler dealers' shift to GMAC

The National Automobile Dealers Association is trying to negotiate a deal between GMAC Financial Services and Chrysler Financial to help Chrysler dealers transfer their inventory credit lines to GMAC. 2:54 pm U.S. ET | Oct. 22

NADA faces banks in battle over regulatory bill

The National Automobile Dealers Association has run into a new stumbling block in its bid for a legislative exemption for dealerships from oversight by a proposed new consumer agency. 3:52 pm U.S. ET | Oct. 20

GMAC’s SmartAuction adds vehicles from JM Family’s CenterOne

GMAC Financial Services’ SmartAuction, an online remarketing channel for dealers, is listing off-lease vehicles from CenterOne Financial Services for sale, the companies said today. 4:22 pm U.S. ET | Oct. 15

Baltimore dealer Edward Drieband thought selling lifetime tire replacement policies would increase repeat business at his dealerships. Instead he has a bevy of upset customers and is out $130,000 for claims he has honored without reimbursement. 12:01 am U.S. ET | Nov. 2

Key lawmakers are trying to clarify that banks and captive finance companies that make indirect loans to consumers would be overseen by a new consumer agency being proposed -- even though auto dealerships that arrange these loans would be exempt. 12:01 am U.S. ET | Nov. 2