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News By Topic: Credit Bureaus (Chrysler Credit, GMAC, etc.)

Top Rankings in August LeaseTrader.com Index

Top Rankings in August LeaseTrader.com Index

Index Monitors Most Popular Lease Vehicles in America MIAMI, Sept. 12 -- LeaseTrader.com, the company that helps consumers transfer in and out of their car lease, announces its monthly Index for August, with the BMW 328 topping the list as Americas most preferred leased car. (Logo: http://www.newscom.com/cgi-bin/prnh/2 ... Continue reading

Ask the Experts: Tennessee Consumers Go Used Car Shopping with Carfax

Ask the Experts: Tennessee Consumers Go Used Car Shopping with Carfax

MEMPHIS, Tenn.--Vehicle history experts from Carfax will be in Memphis, Tenn. this weekend to lend used car shoppers a helping hand. Carfax joins City Auto from Sept. 6 – 8 for the dealership’s first-ever One Owner Sale, featuring 300 used cars that have had only one previous owner. Buyers at City Auto get fr ... Continue reading

One in Three Parent Drivers Puzzled by Child Passenger Restraints, According to GMAC Insurance

One in Three Parent Drivers Puzzled by Child Passenger Restraints, According to GMAC Insurance

Leading Insurer Offers Safety Tips in Observation of National Child Passenger Safety Week, Sept. 16-22 ST. LOUIS, Sept. 5 -- Today GMAC Insurance announced survey results revealing that, when it comes to properly restraining their children in vehicles, many parents are in the dark. Specifically, the survey found that a ... Continue reading

Is This the Right Time of Year to Buy a Second Car? by Informa Research Services

Is This the Right Time of Year to Buy a Second Car? by Informa Research Services

CALABASAS, Calif.--On the road of life, sometimes you need another car. Whether it is for a working spouse or an older child leaving the nest, an additional car is not an uncommon request. But is this the right time of year to purchase a second vehicle? With the help of an auto loan, buying a car does not have to make ... Continue reading

BMW Financial Services Ranks Highest in Dealer Satisfaction for J.D. Power and Associates for Fourth Consecutive Year

BMW Financial Services Ranks Highest in Dealer Satisfaction for J.D. Power and Associates for Fourth Consecutive Year

WOODCLIFF LAKE, N.J., Aug. 24 -- For the fourth consecutive year, BMW Financial Services (BMW FS) ranked highest in dealer satisfaction for retail leasing in the J.D. Power and Associates Dealer Financing Satisfaction Study(SM). BMW Financial Services provides financial services to more than 625,000 customers in the Un ... Continue reading

J.D. Power Reports: Automotive Finance Providers are Exploring Full-Spectrum and Direct Lending Initiatives

J.D. Power Reports: Automotive Finance Providers are Exploring Full-Spectrum and Direct Lending Initiatives

BMW Financial Services Ranks Highest in Satisfying Dealers for Retail Leasing; Mercedes-Benz Financial Ranks Highest in Prime Retail Credit and Floor Planning Satisfaction WESTLAKE VILLAGE, Calif., Aug. 24 -- As competition in the auto finance market intensifies, many lenders are deploying full-spectrum strategies, whi ... Continue reading

ZAP Offers Full Service Financing for Electric Vehicle and Car Purchases

ZAP Offers Full Service Financing for Electric Vehicle and Car Purchases

SANTA ROSA, Calif., Aug. 23 -- Electric car pioneer ZAP (BULLETIN BOARD: ZAAP) announced today that it has partnered with netLoan Funding, LLC to provide ZAP customers with one-stop Internet financing for electric vehicle and electric car purchases. netLoan Funding provides lender management services and a diversity of ... Continue reading

Justice Department Reaches Settlement With Two Philadelphia Car Dealerships Regarding Alleged Race Discrimination in Auto Lending

Justice Department Reaches Settlement With Two Philadelphia Car Dealerships Regarding Alleged Race Discrimination in Auto Lending

WASHINGTON, Aug. 21 /PRNewswire-USNewswire/ -- The Justice Department announced today that it has reached separate settlements with two automobile dealerships in the Philadelphia area resolving allegations that the dealerships engaged in a pattern or practice of discriminating against African-American customers by char ... Continue reading

Chrysler Financial Announces Winner at Camp Jeep(R) 2007

Chrysler Financial Announces Winner at Camp Jeep(R) 2007

Winner Receives a Two-year Lease on an All-new 2007 Jeep Patriot FARMINGTON HILLS, Mich., Aug. 10 -- Chrysler Financial announced today the winner of a two-year vehicle lease from the "Hike In and Win" contest held at Camp Jeep(R) 2007 in Charlottesville, Va. Chrysler Financial invited participants to guess the number ... Continue reading

Mercedes-Benz Financial to Lease More Than 75,000 Square Feet in Hillwood's New Speculative Office Building at Alliance

Mercedes-Benz Financial to Lease More Than 75,000 Square Feet in Hillwood's New Speculative Office Building at Alliance

UGL Equis Corporation Represents Auto Finance Unit In Transaction FORT WORTH, Texas, Aug. 3 -- Hillwood has leased 75,344 square feet of its new 114,710 square-foot Heritage Commons II office building at Alliance to Mercedes-Benz Financial, the financial services partner for Mercedes-Benz dealerships throughout the Uni ... Continue reading

Chrysler Financial Begins Operations as a Stand-alone Company

Chrysler Financial Begins Operations as a Stand-alone Company

FARMINGTON HILLS, Mich., Aug. 3 -- The New Chrysler Financial, created as a result of the transfer of assets from DaimlerChrysler AG to an affiliate of Cerberus Capital Management, L.P., begins operations today as a stand-alone company supporting the sales operations and dealer network of "The New Chrysler," Chrysler L ... Continue reading

Cerberus Statement Regarding Chrysler Transaction Closing

Cerberus Statement Regarding Chrysler Transaction Closing

NEW YORK, Aug. 3 -- Cerberus Capital Management, L.P. today issued the following statements with regard to the closing of the Chrysler transaction: Steve Feinberg, CEO of Cerberus Capital Management, L.P., said, "I would like to thank Chrysler employees for their continued commitment to Chrysler's turnaround. We look f ... Continue reading

Discussing Financing Is Important for New Car Buyers

Discussing Financing Is Important for New Car Buyers

With approximately 7.5 million students exchanging the comforts of home for the freedom and responsibility of living on their own at college campuses, AWARE, a consumer education non-profit specializing in auto finance education, reminds parents to have "the talk" with their kids. College students should be reminded to ... Continue reading

New Study Shows Average Credit Score Is 98 Points Lower for Consumers With One Late Auto Payment

New Study Shows Average Credit Score Is 98 Points Lower for Consumers With One Late Auto Payment

Experian's National Score Index further finds consumers in Wyoming have the highest average auto loan balance ($19,340) while consumers in Michigan have the lowest average auto loan balance ($11,455) IRVINE, Calif., June 13 -- The average credit score for U.S. consumers with no late auto payments is nearly 100 points h ... Continue reading

AutoTrader.com Launches Credit Center

AutoTrader.com Launches Credit Center

ATLANTA--AutoTrader.com, the ultimate automotive marketplace, today announces the launch of the site’s credit center, a groundbreaking feature designed to drive in-market, credit-challenged car shoppers to AutoTrader.com dealer customers who offer special-financing and “Buy Here Pay Here” services. The c ... Continue reading

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