October 31, 2008

CPS Reports Third Quarter Loss Amid Credit Crunch

This week, Irvine, California-based Consumer Portfolio Services reported its financial results for the third quarter. (Read More…)

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October 29, 2008

AmeriCredit Announces Quarterly Results

This week, the Fort Worth-based subprime lender released the results of its operations for the first quarter. As expected, the lender took a hit from July through September of this year. (Read More…)

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October 27, 2008

New JD Power Survey - Buyers Turning to Internet in Record Numbers

In the latest findings from auto survey giant J.D. Power and Associates, the California-based consumer research company finds that record-high levels of new vehicle buyers are turning to the internet. (Read More…)

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October 24, 2008

An Estimated 2500 Dealerships to Close Due to Financial Crisis - CNW Research

According to the October newsletter from the Bandon, Oregon-based market research firm, California, Florida, Michigan and New York are among the states most affected by dealer closings. (Read More…)

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October 22, 2008

Reynolds Partners with Experian to Integrate AutoCheck with Reynolds DMS

In the latest press release from Experian Automotive, the company announced a partnership with Reynolds and Reynolds that will allow its AutoCheck Vehicle History Reports to be seamlessly integrated across the Reynolds ERA DMS. (Read More…)

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October 20, 2008

Jobs and Local Economies Show How Credit Crunch Affects Americans

In the latest consumer survey, this one from the Royal Bank of Canada, U.S. consumer confidence experiences its largest single month decline, as Americans’ expectations for the future plummet according to the RBC CASH Index. (Read More…)

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October 17, 2008

Consumer Confidence Drops Record Amount in October

According to a preliminary report from the University of Michigan, consumer confidence in October fell by the largest margin in the survey’s history. (Read More…)

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October 15, 2008

Another One Bites the Dust

It’s beginning to sound like the hit song from Queen in 1980, as another lender, this time Regions Bank, pulls the plug on indirect auto lending. (Read More…)

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October 13, 2008

Newest Survey from J.D. Power Ranks Dealer Satisfaction with Lenders

In its latest survey, J.D. Power and Associates found that there was a direct correlation between how car dealers felt they were treated by lenders and the share of business a lender received from those same dealers. (Read More…)