CU Direct's credit union network reaps biggest gain in auto originations

Credit unions on CU Direct's lending network as a group reaped more growth in originations during the first quarter than any individual bank or captive among the top 10 auto lenders. After CU Direct, Chase Auto Finance reported the most significant rise in originations at 8.8 percent, slightly more than half the growth of CU Direct.

Gauging lease customers' intent when the phone's left to ring

As lease returns rise, lenders and dealers are turning to a web tool to get an inkling of customers' intent to re-lease, purchase or return. A quarter of one Michigan dealer's lease customers have provided leads via the tool created by ChannelNet.

Auctions sold more cars for more money in 2015, survey shows

Last year was a robust one for the auto-auction business, both in vehicles sold and prices paid. National Auto Auction Association member auctions

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