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GMAC-SAIC Auto Finance Receives Two Golden Engine Awards

Shanghai – GMAC-SAIC, the largest auto finance company in China, received the “Golden Engine Award” as “Best Automotive Finance Company” for the second year in a row. The Award by business magazine Money Weekly honors outstanding companies
Dec 2, 2011

Experian Automotive: 21.87 percent of new vehicle loans went to nonprime, subprime and deep subprime customers

Schaumburg, Ill. — Experian Automotive today announced that lenders are increasing loans to credit-challenged customers. According to its quarterly automotive credit analysis, 21.87 percent of all new vehicle loans went to customers in the nonprime
Dec 2, 2011

Index: Customer Satisfaction with the New-Vehicle Sales Experience Improves Significantly from 2010

WESTLAKE VILLAGE, Calif. — Satisfaction with the new-vehicle sales process has improved notably from 2010, according to the J.D. Power and Associates 2011 U.S. Sales Satisfaction Index (SSI) Study(SM). The study is a comprehensive analysis of t
Dec 2, 2011

Ford Adds Pandora to its 2012 Truck Line-up

OAKLAND, Calif. — Pandora, the leading personalized radio service, announced today that Ford Motor Company is now rolling out the SYNC AppLink capability in the company’s 2012 line of Ford F-series trucks, making voice control of Pandora
Dec 2, 2011

TD Bank Group completes acquisition of MBNA Canada’s credit card business

TORONTO – TD Bank Group (TD) announced it has completed the acquisition of substantially all of MBNA Canada’s credit card portfolio, as well as certain other assets and liabilities, from Bank of America Corporation (NYSE: BAC). “The
Dec 2, 2011

J.D. Byrider names award winners at annual convention

CARMEL, Ind. – Leading franchised used car and finance company J.D. Byrider recognized winners of the company’s annual awards at its November convention in Rancho Palos Verdes, Calif. The Franchise of the Year winners were chosen in three categor
Dec 2, 2011

Autoshopper.com Delivers Used Vehicle Lead Break Through For Dealers

Orlando, Florida — Autoshopper.com is ready to announce the release today of a powerful new and used inventory management tool that will eliminate the pain of posting new and used vehicles to all social media sites, and allow dealership person
Dec 1, 2011

Ally Financial Expands Innovative Vehicle Financing Product to Twelve Additional States in December

DETROIT – Ally Financial plans to expand the offering of its flexible Ally Buyer’s Choice product to 12 additional states in December. The product will be available in 17 states by the end of the month and the company plans further expansion of
Dec 1, 2011

High-Tech Rotors Last Longer

DETROIT – A General Motors’ team of global brake experts is helping to make rusty brake rotors history by changing the chemical makeup of the components using a process that could double the life of rotors and save consumers hundreds of dollars.
Dec 1, 2011