Press Releases
 

EasyCare Receives High Marks from Car and Driver Magazine

12:01 am U.S. ET | June 19, 2013
Norcross, GA (PRWEB) June 18, 2013 -- EasyCare®, the leading independent provider of automotive ownership benefits, was featured in an article on vehicle service contracts in the April 2013 issue of Car and Driver magazine.
 
The article’s author, Steve Cole Smith, praised EasyCare.... Read More »
Comments [0] | Recommendations [0]
 

Huntington Expands Auto Dealer Financing Business into Connecticut

12:01 am U.S. ET | June 19, 2013
COLUMBUS, Ohio -- (BUSINESS WIRE) -- Huntington (NASDAQ: HBAN; www.huntington.com) has announced that it is expanding its successful auto dealer financing business into Connecticut and has added key personnel into the state to support the initiative.... Read More »
Comments [0] | Recommendations [0]
 
 
 

Growing Revenue with GAP: van Wagenen Financial Services deepens Auto Finance offering with the addition of GAP.

11:16 am U.S. ET | June 12, 2013
MINNEAPOLIS, MN (June 11, 2013) -- van Wagenen Financial Services continues to expand offerings targeted to the auto lending space with their most recent product addition, Guaranteed Automobile Protection, or GAP. Private label capability and high end service make the product an industry front-runner.... Read More »
Comments [0] | Recommendations [0]

BMO Harris Bank Expands Dealership Finance Team into Irvine, California

12:01 am U.S. ET | June 12, 2013
IRVINE, CA (June 6, 2013) – BMO Harris Bank announced today that it has hired Joe Connolly to expand is dealership finance business into California. Connolly will be based in Irvine and will be focused on customers throughout the western United States.... Read More »
Comments [0] | Recommendations [0]

Study Reveals that Dealer-Branded Prepaid Maintenance Programs Boost Customer Retention and Service Up-sell

12:01 am U.S. ET | June 12, 2013
SAN RAMON, Calif., June 10, 2013 /PRNewswire/ -- Dealer-branded prepaid maintenance (PPM) programs that are 100 percent funded by customers are boosting service revenue by 15 percent and customer retention to 60 percent (and even higher). These findings and other auto dealer reports are featured in a new white paper from Performance Loyalty Group.... Read More »
Comments [0] | Recommendations [0]

Vantage Finance Named NIADA National Member Benefit Partner

12:01 am U.S. ET | June 12, 2013
Arlington, TX (June 10, 2013) -- The National Independent Automobile Dealers Association today announced the endorsement of Vantage Finance as a National Member Benefit Partner of the association.... Read More »
Comments [0] | Recommendations [0]

CARCHEX Signs Extended Warranty Partnership with NEA Member Benefits

12:01 am U.S. ET | June 12, 2013
Gaithersburg and Baltimore, Maryland (PRWEB) June 05, 2013 -- CARCHEX, a leading provider of Extended Vehicle Protection Plans, and the National Education Association’s (NEA) Member Benefits Corporation, a national provider of programs and services designed to enhance the lives of America’s educators and their families, today announced an exclusive extended auto warranty...... Read More »
Comments [0] | Recommendations [0]

ProMax Unlimited Continues Skyrocketing Success

12:01 am U.S. ET | June 12, 2013
DAVENPORT, IA (June 6, 2013) -- ProMax Unlimited continues growth and is on track to have over 2000 dealers using their market leading solutions by the end of the year.... Read More »
Comments [0] | Recommendations [0]

Experian provides World Omni Financial Corp. with PowerCurve Strategy Management software

12:01 am U.S. ET | June 12, 2013
Costa Mesa, Calif., June 6, 2013 — Experian, the leading global information services company, today announced that it is providing World Omni Financial Corp. (World Omni) with a flexible decision management solution based on its PowerCurve and Attribute Toolbox software that will streamline the processing and decisioning of automotive finance applications.... Read More »
Comments [0] | Recommendations [0]

Exeter Finance Corp. – Another major win on the horizon for WCG in the USA

10:59 am U.S. ET | June 5, 2013
White Clarke Group, the world's leader in end-to-end automotive and asset finance software solutions announced today that Exeter Finance Corp. selected White Clarke Group's CALMS2 software solution.... Read More »
Comments [0] | Recommendations [0]

Study Reveals that Dealer-Branded Prepaid Maintenance Programs Boost Customer Retention and Service Up-sell

11:40 am U.S. ET | June 5, 2013
 
 
 
San Ramon, CA, June 5, 2013 – Dealer-branded prepaid maintenance (PPM) programs that are 100 percent funded by customers are boosting service revenue by 15 percent and customer retention to 60 percent (and even higher).... Read More »
Comments [0] | Recommendations [0]

CarFinance Capital Completes $238 Million Asset-Backed Securitization

11:00 am U.S. ET | June 5, 2013
 
 
 
 
IRVINE, CA – June 5, 2013 – CarFinance Capital LLC, a leading auto-finance provider, today announced that it has completed its inaugural rated asset-backed securitization of $238 million of Notes in a...... Read More »
Comments [0] | Recommendations [0]

BMW Group Financial Services Retail and Lease Portfolio Exceeds 1,000,000 Retail Units For the First Time In Its 20 Year History

12:01 am U.S. ET | June 5, 2013
 
 
 
 
 
 
 
 
 
Read More »
Comments [0] | Recommendations [0]

For Customers Affected by Recent Storms, Ford Credit and Lincoln Automotive Financial Services Offer Financial Relief

10:54 am U.S. ET | May 29, 2013
DEARBORN, Mich., May 29, 2013 – Ford Motor Credit Company and Lincoln Automotive Financial Services are offering customers affected by the recent tornado and other storm damage the option to delay some car and truck payments.... Read More »
Comments [0] | Recommendations [0]

Ally Ranked First On List of Top Auto Finance Companies

9:07 am U.S. ET | May 29, 2013
DETROIT, May 23, 2013 -- Ally Financial came in first place on the 2013 Big Wheels Report list of top auto finance companies. The annual report, issued by Auto Finance News, ranks auto finance companies by the amount of finance contracts and leases outstanding each year.... Read More »
Comments [0] | Recommendations [0]

Fitch: Losses Dip Three Straight Months for U.S. Auto ABS

9:04 am U.S. ET | May 29, 2013
NEW YORK--(BUSINESS WIRE)--Annualized net losses (ANL) for both U.S. prime and subprime auto ABS dropped in April for the third consecutive month this year, according to the latest index results from Fitch Ratings.
Strong seasonal performance is typical for this time of year for auto ABS.... Read More »
Comments [0] | Recommendations [0]

Ally Financial Donates to American Red Cross to Help Tornado Victims

9:03 am U.S. ET | May 29, 2013
DETROIT, May 22, 2013 – Following the lead of some of its Oklahoma City dealer customers, Ally Financial will make a $10,000 donation to the American Red Cross in support of its Oklahoma tornado disaster relief efforts.... Read More »
Comments [0] | Recommendations [0]

NAC Announces Release of NAC Express Pay Online Payment Submission Software

11:33 am U.S. ET | May 22, 2013
WESTERVILLE, OH, May 22, 2013 -- NAC, (National Auto Care) a leader in the administration of top quality vehicle service agreement products and the development of online dealer contracting technology, is excited to announce the release of their newest NAC ExpressLane® enhancement – NAC Express Pay ACH processing for dealership clients.... Read More »
Comments [0] | Recommendations [0]

Equifax Reports New Credit in 2013 at Five-Year High

10:38 am U.S. ET | May 22, 2013
ATLANTA, May 20, 2013 (GLOBE NEWSWIRE) -- According to Equifax's (NYSE:EFX) latest National Consumer Credit Trends Report, new credit generated during January-February 2013 posted at $141 billion, the highest balance for that time period in five-years, and an increase of more than 33% over recession lows of $94 billion originated during January-February 2010.... Read More »
Comments [0] | Recommendations [0]

ABCoA Solves Auto Dealer, Finance Company Troubles with New Deal Pack Management Systems

7:50 am U.S. ET | May 22, 2013
 
JACKSONVILLE, Fla., May 21, 2013 /PRNewswire/ -- Advanced Business Computers of America, Inc. (ABCoA) is proud to announce a new lineup of management systems for automotive dealerships and finance companies. Coinciding with its 30-year anniversary, ABCoA adds two new solutions to its Deal Pack® product line.... Read More »
Comments [0] | Recommendations [0]

Preferred Warranties dealer enrollment drive results in double the number of projected sign-ups

12:01 am U.S. ET | May 22, 2013
Campaign with Chinese New Year theme draws dozens of new dealers to Preferred Warranties, while one dealer draws a sealed envelope with a rare $500 bill.
An innovative enrollment campaign developed by Preferred Warranties, Inc.... Read More »
Comments [0] | Recommendations [0]

iTapMenu Launches F&I Product Rating with Provider Exchange Network

12:01 am U.S. ET | May 22, 2013
Southfield, Mich., May 20, 2013 -- Provider Exchange Network (PEN), a division of Open Dealer Exchange, LLC, is pleased to announce integration with the F&I mobile menu, iTapMenu. The iTapMenu will now feature electronic rating via PEN.... Read More »
Comments [0] | Recommendations [0]

Special Report
Dealer O.C. Welch's big-truck turnaround

Dealer O.C. Welch's big-truck turnaround

After Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17
» Watch the Video
     
  • ALL POSITIONS
    Don Davis Dealerships, Inc. -- Lake Jackson, Texas, United States
     
  • Service Manager
    Performance Toyota -- Memphis, Tennessee, United States
     
 
News by Brand