News

Laura Schupbach to Lead Wells Fargo Dealer Services

MUSA Auto Finance Secures Funding Capacity of $175 Million With Addition of New Revolving Warehouse Facility

DALLAS – MUSA Auto Finance, an auto finance company specializing in new and pre-owned vehicle leasing, announced today it has entered into a $125 million warehouse facility with Goldman Sachs and additionally, secured a capital investment of up to $50 million from Crestline Investors, Inc. The capital investment along with the warehouse facility will provide MUSA ... Read More »

TDC Launches Virtual Compliance Training For A Fraction Of The Cost

NEW YORK — Total Dealer Compliance (TDC), a car dealership compliance-auditing firm, today announced the launch of its Virtual Compliance Training platform. This online training solution will help car dealers mitigate risk faced by proactive regulators, creating a culture of compliance at a fraction of the cost. With TDC charging roughly 80% less than their ... Read More »

CFPB Fines Experian $3 Million for Deceiving Consumers About Credit Scores

F&I Digital Media Awards Submission Deadline Extended

Dent Zone’s Snowden Awarded Lifetime Achievement Award at 2017 International Mobile Tech Expo

IRVING, Texas – Jeff Snowden, one of the early advocates of paintless dent repair (PDR) and a longtime employee of Dent Zone, was presented the Lifetime Achievement Award at the International Mobile Tech Expo in Orlando recently. Snowden was recognized for his more than 25 years of service and leadership in the PDR industry. “And what’s ... Read More »

AUL Corp. Launches 2017 F&I Training Schedule

NAPA, Cali. – AUL Corp., the award-winning and leading warranty and vehicle service contract administrator in America, just released their 2017 F&I Training Schedule. This will be AUL’s second year of offering F&I Training. This training provides a tailored education that includes a 3-day live course, virtual training sessions and an online platform that includes ... Read More »

Wise F&I has Connected with MaximTrak

ST. LOUIS – Wise F&I, a long standing company in the automotive finance and insurance market, has a full suite of voluntary protection products available through MaximTrak, A RouteOne Company. MaximTrak offers a highly customizable all-in-one F&I menu platform and streamlines access to Wise F&I products for their mutual automotive dealers. Access to Wise F&I’s full ... Read More »

DRIVIN, Chrome Data Announce Data Licensing Agreement

CHICAGO – DRIVIN this week announced it has signed an agreement to license Chrome Data’s Automotive Description Service (ADS) to enhance its inventory-sourcing marketplace. Launched earlier this year, DRIVIN’s analytics platform is described as intelligent marketplace where used-car dealers can sell, buy and search used-vehicle inventory for their lot. With its connection to Chrome, the ... Read More »

CUDL Holds Onto No. 2 Spot in Auto Finance Rankings

ONTARIO, Calif. — The more than 1,000 credit unions on CU Direct’s lending platforms maintained their No. 2 spot on Experian’s auto finance leaderboard in January. And with plateauing demand for new vehicles expected to drive up pre-owned sales, CUDL officials said the market is ripe for credit unions to reap further market share gains. ... Read More »