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Automobile Finance News

Chrysler US sales rise 44 pct. in January - San Francisco Chronicle


Globe and Mail

Chrysler US sales rise 44 pct. in January
San Francisco Chronicle
US auto sales rose 10 percent to 12.8 million in 2011. That was up 23 percent from 2009, when the US auto industry and the financial system were in peril. In January, there were signs of good deals from Japanese automakers.
Chrysler Group Reports Full Year 2011 Net Income of $183 MillionPR Newswire (press release)

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GM Financial Announces $1.0 Bln Senior Subordinate Asset-Backed Securitization - NASDAQ


GM Financial Announces $1.0 Bln Senior Subordinate Asset-Backed Securitization
NASDAQ
(RTTNews.com) - General Motors Financial Company Inc. ,a wholly-owned subsidiary of General Motors Co. (GM), announced the pricing of a $1.0 billion offering of automobile receivables-backed securities through lead managers Barclays Capital, ...
GM Financial Announces $1.0 Billion Senior Subordinate Asset-Backed SecuritizationMarketWatch (press release)

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SsangYong Motor UK Selects GMAC UK as Preferred Finance Provider - MarketWatch (press release)


SsangYong Motor UK Selects GMAC UK as Preferred Finance Provider
MarketWatch (press release)
"This new affiliation with SsangYong represents another step in GMAC expanding its customer base and further leverages our core competency in auto financing." GMAC and SsangYong Motor have entered into a multi-year agreement to finance wholesale and ...

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New Car Dealers Rev Up for NADA Convention in Las Vegas - Sacramento Bee


New Car Dealers Rev Up for NADA Convention in Las Vegas
Sacramento Bee
Here are some convention highlights:Dealers to Discuss Federal Policy Issues and Consumer Benefits of Dealer-Assisted Financing at AFSA Conference on Thursday, Feb. 2 Continuing a longstanding tradition, NADA will participate in the Vehicle Finance ...

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GM Financial Selects DataScan Technologies as Its Commercial Lending Solution ... - MarketWatch (press release)


GM Financial Selects DataScan Technologies as Its Commercial Lending Solution ...
MarketWatch (press release)
GM Financial will begin marketing the Commercial Lending Services suite of products at the National Auto Dealers Association's (NADA) annual event Feb. 4-6 in Las Vegas. To learn more about GM Financial's Commercial Lending Services business, ...

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Barclays Cuts Yields On $1 Billion General Motors Subprime ABS - Fox Business


Barclays Cuts Yields On $1 Billion General Motors Subprime ABS
Fox Business
NEW YORK – Barclays Capital cut risk premiums on General Motors Financial Co.'s $1 billion subprime auto-loan asset-backed securities, as the underwriter claimed some of the strongest investor demand for that type of bond in recent memory.

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Experian Automotive Launches AutoCheck® Elite - MarketWatch (press release)


Experian Automotive Launches AutoCheck® Elite
MarketWatch (press release)
About Experian AutomotiveExperian Automotive is a leader in providing information services and market intelligence to manufacturers, dealers, finance, insurance and aftermarket companies, helping them increase customer loyalty; target and win new ...

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