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FIS Selected by VW Credit, Inc. to Support North American Loan and Lease Processing

JACKSONVILLE, Fla. − FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, announced that VW Credit, Inc. (VCI) will deploy FIS’ AutoSuite™ automotive finance solution for its North American loan and lease pr
Dec 21, 2012

Goldman Sachs Affiliate Acquires Safe-Guard

Atlanta, GA – Safe-Guard Products International, LLC (“Safe-Guard” or the “Company”), a leading provider of finance and insurance (“F&I”) products to the automotive industry, announced today that an affiliate of Goldman Sachs, in
Dec 21, 2012

Lithia Motors Increases Credit Facility to $800 Million

MEDFORD, OR– Lithia Motors, Inc. (NYSE: LAD) announced today that it has increased its existing revolving syndicated credit facility by $150 million, bringing the total availability to $800 million. The facility includes 10 institutions and wi
Dec 21, 2012

CUDL, Vero Showcase Growing Suite of Dealer Solutions at the 2013 NADA

Owners of Credit Union Industry’s Largest Auto Lending Network and Leading Aftermarket Solutions to Promote Expanding Line-up of Products and Services to Help Dealers Retain Customers and Increase Profits  Ontario, CA —  CUDL , administrato
Dec 21, 2012

Inilex Set to Finish 2012 with 100% Auto Recovery Rate

Reassuring news comes as worst car-theft days near PHOENIX – Today Inilex, a leading provider of aftermarket telemetry solutions for vehicles, announced that 2012 will be the third straight year it has achieved a 100 percent recovery rate for
Dec 20, 2012

Westlake Partner Releases Major Update to DealerCenter Website

LOS ANGELES — Westlake Financial Services, a full spectrum auto finance company, announces a major update to the DealerCenter (www.dealercenter.net) website. DealerCenter is operated by Nowcom Corporation, Westlake’s sister company under the
Dec 20, 2012

Build Compliance into Your Road to the Sale to Create the Right Pace for Closing More Deals

Almost every step along the road to the sale, from the meet-and-greet to the closing of the deal jacket — whether the up buys or not – should also protect the consumer and your dealership from various personal and business risks. Furthermore,
Dec 20, 2012

Manheim Offers Access to New Inventory via OVE.com Throughout the Holidays

The OVE.com Holiday Rental Sale Will Include More Than 2,500 Units From Commercial Sellers ATLANTA – Offering the freshest inventory to dealers, anytime, anywhere and even throughout the holidays, Manheim will host a Holiday Rental Sale on OVE.com
Dec 20, 2012

NCM®Adds Four Associates to Expand its Franchised and BHPH Auto Dealer Services

Overland Park, KS —NCM Associates, a leading provider of automotive 20 group, retail operations consulting, training, and operations Benchmark® analysis services to franchise,  independent and Buy Here, Pay Here auto dealers, today announced
Dec 20, 2012