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Finance & Insurance News
DealerTrack Launches FinanceDriver to Help Enable and Enhance the Online Financing Process for Automotive Retailers
New Financing Solution Delivers Digital Retailing Workflow for Today’s Progressive Automotive Dealers, Portals and OEMs Lake Success, N.Y. ─ To help automotive retailers generate more quality finance leads and streamline online vehicle purchasing
May 31, 2012
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Finance & Insurance News
Mercedes-Benz Financial Services Canada Ranks highest in Dealer Satisfaction in the Retail Leasing and Retail Prime Credit segments
MISSISSAUGA, Ontario — Mercedes-Benz Financial Services Canada captured the highest satisfaction ranking in two of the three major categories of the recently-released J.D. Power and Associates 2012 Canadian Dealer Satisfaction Study (SM). In th
May 31, 2012
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Finance & Insurance News
Ford, State Farm Collaborate to Offer Auto Insurance Savings Using SYNC In-Car Connectivity System
DEARBORN, Mich. & BLOOMINGTON, Ill. – The nation’s No. 2 automaker and the country’s leading insurer of cars have joined forces to offer lower insurance premiums for drivers. Using Ford SYNC® technology, State Farm Insurance is expanding i
May 30, 2012
Santander Consumer USA Expands With Full-Spectrum Auto Lending
DALLAS — Santander Consumer USA Inc. (“Santander”), an industry leader in auto financing, has expanded its Santander Auto Finance lending program to include the prime tiers. This new “full spectrum” of auto lending will
May 25, 2012
GM Recalls 4,304 Malibu Vehicles
According to the National Highway Traffic Safety Administration’s website, General Motors is recalling a little over 4,000 2012 Malibu vehicles to fix an issue with the airbag system. The website said the sending and diagnostic module may reset its
May 25, 2012
Edmunds.com May 2012 Auto Sales Forecast: Steady Pace Continues as Summer Approaches
SANTA MONICA, Calif. — Light vehicle sales are expected to continue at a healthy clip in May, reports Edmunds.com, the premier online resource for automotive information. Edmunds.com estimates that 1,391,163 new cars will be sold in May, for an
May 24, 2012
TransUnion: National Auto Loan Delinquencies Hit Lowest Level on Record
CHICAGO, IL — The national auto loan delinquency rate (the rate of borrowers 60 or more days past due) reached its lowest level since TransUnion began tracking the data in 1999. Auto loan delinquency rates in Q1 2012 dropped to 0.36%, down ne
May 24, 2012
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GM: Volt Generates First Time Interest in Chevrolet
DETROIT – The Chevrolet Volt is winning new customers to the brand from the competition with the Toyota Prius topping the list of most traded-in vehicle followed by the Toyota Camry, Honda Civic and BMW 3 Series. “I owned a Prius for six years an
May 23, 2012
Online Vehicle Auction Company Copart, Inc. Acquires Diamond Auto Bids and Disposals
DALLAS — Copart, Inc., a leading online salvage vehicle auction company this week announced it has acquired Diamond Auto Bids and Disposals, a privately-held automotive auction with locations in Calgary and Edmonton, Alberta, Canada. The acquis
May 22, 2012