Ally Financial Receives Auto Finance Excellence Award
Oct 16, 2013
Ally Financial has been honored with a 2013 Auto Finance Excellence Award for its success and contributions to the auto finance industry. The award was presented yesterday at the annual Auto Finance Summit by Auto Finance News. Ally was cited for its innovative service offerings, in particular the recently introduced R ... Continue reading
Online shoppers can instantly see how their trade-in equity affects their monthly payment
Oct 11, 2013
DriveItNow, the leader in online monthly payment marketing technology, announced its new Trade-in Equity Analyzer is now available as part of its pre-qualified payment quoting service. âKnowing the net equity position of the customerâs trade-in can make or break a dealâ Most car sales involve a trade-in. ... Continue reading
GM Financial Completes Purchase of International Operations in Brazil from Ally Financial
Oct 5, 2013
GENERAL MOTORS FINANCIAL COMPANY, INC. (âGM Financialâ or the âCompanyâ), a wholly-owned subsidiary of General Motors Company, announced that it has acquired the equity interests in the companies that comprise Ally Financial Inc.âs (âAllyâ) auto finance and financial services business ... Continue reading
Japan's Nissan Offers Payment Extensions To U.S. Federal Employees
Oct 3, 2013
Nissan's financial services division, Nissan Motor Acceptance Corp. (NMAC), continues to be a leader in providing payment assistance to existing Nissan and Infiniti customers in times of need by offering a standard extension of payments up to 90 days*. This policy may become helpful to the hundreds of thousands of fede ... Continue reading
South Korea's Hyundai Defers Payments For Layed-Off US Government Employees
Oct 3, 2013
Hyundai Motor America today announces the latest addition to its Assurance program with the launch of a new payment deferral program aimed at helping federal employees furloughed during the government shutdown. Under the plan, Hyundai will extend all auto loan and lease payments during the shutdown for current Hyundai ... Continue reading
Six Top Tips for Buying a Car with Less-than-Prime Credit
Sep 30, 2013
As the end of the model year approaches, CarFinance.com, an online direct lending site dedicated to helping credit-challenged car buyers and owners, has released its 2013 Top Tips for Buying a Car with Less-than-Prime Credit. With current auto loan interest rates remaining attractively low1, consumers could soon be ven ... Continue reading
FEX Announces Integration with RouteOne
Sep 30, 2013
Finance Express, the leading provider of web-based financial services and technology for independent auto dealerships, announced today that their integration with RouteOne LLC will now allow Finance Express' unique pool of independent dealers to submit applications to all RouteOne lenders with whom they have an existin ... Continue reading
Toyota Financial Services (TFS) Issues New Diversity & Inclusion Bond
Sep 19, 2013
Toyota Financial Services (TFS) is issuing a new Diversity & Inclusion Bond, a key component of the company's comprehensive funding program. TFS issued its first Diversity & Inclusion Bond in January 2013 to positive response from investors, banks, and other issuers. This second issuance builds off the program's succes ... Continue reading
More Georgians turn to credit unions for lending needs
Sep 6, 2013
Highlights New vehicle loans at Georgia credit unions increased 6.8 percent in the first half of 2013 Used vehicle loans increased 5.5 percent for the first half of the year Total loan balances were up 2.9 percent in the first half of 2013 Strong job growth and a rebounding housing market continue to drive consumer spe ... Continue reading
84.5 percent of consumers used a loan or a lease to purchase a new vehicle in second quarter
Sep 3, 2013
Experian Automotive report shows consumers are relying on automotive financing more than ever before Experian Automotive today announced that a record 84.5 percent of consumers who acquired a new vehicle in the second quarter obtained either a loan or a lease to fund the purchase. According to the latest State of the A ... Continue reading
Cost To Operate A Vehicle Ranked By State - From BankRate.Com
Aug 22, 2013
NEW YORK, Aug. 21, 2013; Georgia is the most expensive state to operate a motor vehicle and Oregon is the cheapest, according to a new Bankrate.com report. Bankrate factored in the costs of gasoline, insurance, repairs, taxes and fees. In Georgia, a typical driver spends $4,233 per year to operate his or her vehicle. T ... Continue reading
Ally Bank To Pay Back USA For Bailout
Aug 21, 2013
Ally Announces Private Placement of Common Stock and Plan to Repurchase Securities from U.S. Treasury Additional capital supports CCAR resubmission and U.S. Treasury repayment plans DETROIT, Aug. 20, 2013; Ally Financial Inc. (Ally) today announced transactions that will further strengthen the company's common equity b ... Continue reading
Easycarmoney.com Streamlines Online Auto Financing
Aug 21, 2013
Easycarmoney.com provides a discrete and easy way to apply for auto financing -- In today's world, perhaps now more than ever, bad credit seems to be a common theme. Credit cards have become increasingly easier to get ahold of, and can quickly become a person's financial crutch. If not monitored closely, credit cards c ... Continue reading
Northern Illinois Chevy Dealer Helps Customers with Bad Credit Find Affordable Auto Loans
Aug 19, 2013
Bill Jacobs Plainfield connects with lenders to help with automotive financing - Illinois car shoppers with poor credit history can uncover new opportunities for auto loans and fair financing rates by working with Bill Jacobs Plainfield financial specialists and circle of reputable lenders. ... Continue reading
Toyota Financial Services Expands Student Scholarship Program to $1 Million
Aug 14, 2013
Making Life Easier Scholarship Program Serves Youth from Boys & Girls Clubs Across the Country and Other Nonprofit Partners - Toyota Financial Services (TFS) recognized today 100 high school students who overcame considerable hardships on their paths to college, presenting them with $1 million in scholarships. This is ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
