Chase's Subprime Exec. Discusses Expansion

GARDEN CITY, N.Y. -- Shortly after the merger of Bank One and Chase in 2004, Chase realized there was a strong growth potential in the subprime auto lending market and soon focused on expanding these services for dealers. Since then, Chase Auto Finance has opened 10 new regional prime/nonprime business centers and said... Read More

SAN FRANCISCO -- Wells Fargo Financial recently announced it's expanding the range of consumer credit ratings it finances through the launch of Full Spectrum Pricing in its auto finance division. Company executives said this new offering is designed to offer dealers a wider range of financial services for their... Read More

LAKE SUCCESS, N.Y. -- DealerTrack Holdings recently said it appointed six executives to new roles in order to enhance DealerTrack's customer focus, innovation and scalability. As part of these changes, Raj Sundaram, current president of ALG, will become senior vice president and head of dealer solutions for... Read More

TRAVERSE CITY, Mich. -- Chrysler Financial is in the process of rolling out eContract to its dealers and said it has already booked more than 1,000 eContracts, with more than 100 Chrysler Group dealers in 11 states using the program. Through eContract, Chrysler Financial offers dealers the ability to offer both retail and... Read More

WESTLAKE VILLAGE, Calif. -- Dealers who are happy with their financial providers will send more business to those providers in the future, according to the J.D. Power and Associates 2006 Dealer Financing Satisfaction Study. However, the study also found that dealer satisfaction takes more than just low interest rates and... Read More

ATLANTA, Ga. (Aug. 11, 2006) -- CAR Financial Services, which is an affiliate of CompuCredit Corp., announced it has teamed up with Payment Protection Systems to assist buy-here, pay-here dealers. Through the partnership, CAR Financial Services will now be able to support the use of PPS' ON TIME starter interrupt... Read More

FORT WORTH, Texas (Aug. 9, 2006) -- Thanks to solid loan originations and fewer charge-offs, AmeriCredit executives said business in the fourth quarter of the 2006 calendar year continued to prove strong. Quite simply, executives credited a favorable economic environment in the quarter for AmeriCredit's ongoing... Read More

Leedom to Host Sales Manager Workshop

SARASOTA, Fla. (Aug. 8, 2006) -- Leedom and Associates recently announced it is offering a Sales Manager Workshop, Sept. 12-13, in Orlando, Fla. The event will also highlight a Four-Square Desking Process session taught by Johnny Dangerfield, one of the top retailers in the nation. "The program is likely the... Read More

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