Posts
TransUnion: National Auto Loan Delinquency Rate Rises, Though Remains Relatively Low
CHICAGO, IL — The national auto loan delinquency rate (the ratio of borrowers 60 or more days past due) rose from 0.33% in Q2 2012 to 0.38% in Q3 2012, though it remains near historic low levels. One year ago, the auto loan delinquency rate
Nov 29, 2012
Honda and Acura Rank Highest in ALG’s 14th Annual Residual Value Awards
Toyota family of brands takes home nine awards; Hyundai nets 3 awards, lands second among mainstream brands LOS ANGELES — Los Angeles Auto Show – ALG, the industry benchmark for vehicle values and a leading provider of automotive insights
Nov 29, 2012
Auto Loan Originations at Highest Levels in Five Years, Equifax Reports
ATLANTA– The latest data from Equifax’s National Consumer Credit Trends Report shows that the total number of auto loan originations from January-August 2012 totaled 14.6 million — the highest number of originations for that timefr
Nov 29, 2012
Shift Women’s Objections about Car Leasing
PITTSBURGH, PA. — Women are now the fastest growing segment of new and used car buyers. The latest reports project that new vehicle sales are expected to rise to 14.5 million this year, with an estimate that 25% of that total will be from lease
Nov 29, 2012
Healthy Dealerships Offer Fat-free Menus
All indicators point to a strong recovery of the auto industry; dealerships are delighting in the annual selling rate of 14 million vehicles and lenders are being more liberal in the face of the recovery. In fact, a new report from Experian Automotiv
Nov 28, 2012
Online Retailer of Hybrid Accessories Doubles in Sales by Steadily Meeting Hybrid Owners’ Demands for Style and Performance
JuicedHybrid.com Delivers High Quality Auto Accessories for Eco-Conscious Drivers Redwood City, CA – In the auto industry where performance and style are always important to consumers, many hybrid automobiles get sidelined due to the impetus toward
Nov 28, 2012
Auto Data Direct Urges Car Dealers to Prepare for ELT Requirement
TALLAHASSEE, Fla. — Auto Data Direct, Inc., (ADD) Florida’s leader in real-time business solutions for automobile dealers, is urging Buy-Here Pay-Here dealerships to get ready for the state’s new Electronic Lien Title (ELT) processi
Nov 28, 2012
Posts
Finance & Insurance News
Westlake Announces New Credit Facility With Japanese Firm
LOS ANGELES, California – Westlake Financial Services, a full-spectrum auto finance company, announces a new $30 million credit facility with MG Leasing Corporation (MGL), a Japanese leasing company. The credit facility collateralizes Westlake’s
Nov 27, 2012
Posts
Finance & Insurance News
GSFSGroup Launches New Interactive Website
Features New Consumer F&I Product Review Tool HOUSTON – GSFSGroup has launched a dynamic new website to better support agents, dealers and their customers. In addition to being easier to navigate, the new site also offers an interactive F&
Nov 27, 2012