WASHINGTON, D.C. — The National Automobile Dealers Association repeated its petition late Tuesday for its membership to reach out to members of the U.S. Senate. The plea comes as crucial legislation that some argue would significantly impact dealer-assisted financing and more is about to be put to a... Read More

ALPHARETTA, Ga. — LeasePlan USA appointed a new vice president of sales for the West region on Monday. Named to the position is Kathy Fairbanks, who has 22 years of experience in sales and management. In her new position, Fairbanks will head up new business development in the mid- and large-fleet market... Read More

ALPHARETTA, Ga. — LeasePlan USA appointed a new vice president of sales for the West region on Monday. Named to the position is Kathy Fairbanks, who has 22 years of experience in sales and management. In her new position, Fairbanks will head up new business development in the mid- and large-fleet market... Read More

ESCONDIDO, Calif. — Premier Recovery Service received a repossession assignment earlier this year and immediately went to work on tracking down the collateral near where the contract originated in San Diego. Searching for the debtor through Facebook revealed the vehicle wasn't anywhere near the agent's... Read More

ESCONDIDO, Calif. — Premier Recovery Service received a repossession assignment earlier this year and immediately went to work on tracking down the collateral near where the contract originated in San Diego. Searching for the debtor through Facebook revealed the vehicle wasn't anywhere near the agent's... Read More

AutoTrader.com Secures Funds of $525 Million

ATLANTA — In a round of lending announced Tuesday, AutoTrader.com can tap into a new set of funds thanks to a financing arrangement it made with Goldman Sachs Lending Partners LLC and Wells Fargo Bank, National Association that provides the company with senior secured revolving credit and term loan facilities in... Read More

AutoTrader.com Secures Funds of $525 Million

ATLANTA — In a round of lending announced Tuesday, AutoTrader.com can tap into a new set of funds thanks to a financing arrangement it made with Goldman Sachs Lending Partners LLC and Wells Fargo Bank, National Association that provides the company with senior secured revolving credit and term loan facilities in... Read More

Chrysler Unveils Zero-Percent Financing

AUBURN HILLS, Mich. — To give its dealer body another selling point in the spring season, Chrysler rolled out is May incentives on Tuesday, announcing that zero-percent financing through GMAC Financial Services is now available on most of its 2010 lineup. Breaking it down, on Chrysler brand vehicles, shoppers... Read More