Latest News

MFS Explains Thinking Behind DSC Deal -- January 27, 2012
ATLANTA — Expanding more on the recent deal to buy Dealer Services Corp., Patrick Brennan, group vice president for Manheim Financial Services, told SubPrime Auto Finance News today that at first, dealers and clients won't see many changes. Business will remain as usual. However, over time ... [ Full Story ]

AFC Unveils Free Flooring for a Year Promotion -- January 27, 2012
DALLAS — While also highlighting the company's revamped website, Automotive Finance Corp. announced a new national floor planning promotion this week. During festivities at the company's official 25th anniversary celebration hosted at ADESA Dallas, AFC said it is giving away ...
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Ford Credit's Full-Year Net Income Dips Slightly -- January 27, 2012
DEARBORN, Mich. — Although its net income grew in the fourth quarter, Ford Motor Credit revealed Friday that its 2011 net income softened slightly from what it compiled a year earlier. Executives reported their net income settled at ...
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NIADA Taps New Legislative Counsel -- January 27, 2012
ARLINGTON, Texas — The National Independent Automobile Dealers Association has appointed a legislative/regulatory/compliance counsel, revealing Wednesday that ...
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Edmunds.com Revisits Cases of Dealers Deceiving Military Personnel -- January 25, 2012
SANTA MONICA, Calif. — Edmunds.com revisited a discussion this week that's been on the radar of finance associations, lenders and the new Consumer Financial Protection Bureau — how members of the U.S. military are particularly ...
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Experian's Latest Business Benchmark Report Reveals Several Improvement Signs -- January 25, 2012
COSTA MESA, Calif. — Experian's fourth quarter Business Benchmark Report showed general improvement in business performance in most categories such as bill payments and delinquencies quarter over quarter. However, analysts acknowledged ...
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