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Categories: Auto Finance

Haunted by losses from its mortgage operation, GMAC Financial Services posted a $5 billion loss for the last three months of 2009. The news, however, was...

https://www.fi-magazine.com/352304/mortgage-unit-continues-to-haunt-gmac
Categories: Auto Finance, Digital

TrueCar predicted Tuesday that new light-vehicle sales in March will increase 13.7 percent from the year-ago period to 1.417 million units.

https://www.fi-magazine.com/352406/truecar-sees-sales-pacing-at-14-5-million-in-march
Categories: Auto Finance, F&I

Total light vehicle sales were up 10.3 percent from a year ago and 14.9 percent vs. March, according to AutoData, which put the seasonally adjusted annual...

https://www.fi-magazine.com/352495/april-a-mixed-bag-saar-at-14-42-million-units
Categories: Auto Finance, F&I

Chrysler Group LLC is offering incentives through Sept. 30 on select 2009 and 2010 model year vehicles. The manufacturer also reported a five percent...

https://www.fi-magazine.com/317920/chrysler-offers-incentives-on-2009-and-2010-models-reports-sales-increase-for-au
Categories: Auto Finance, F&I

Chrysler Group LLC announced it will offer a leasing option for customers on all 2010 model year Chrysler, Jeep and Dodge vehicles through Chrysler’s...

https://www.fi-magazine.com/317956/chrysler-returns-to-leasing-offers-additional-financing-options
Categories: Auto Finance, F&I
Dealer Floorplan ABS Resilient Despite Recession and Automaker Bankruptcies

Auto dealer floorplan asset-backed securities (ABS) continue to perform and remain resilient despite the recession and the bankruptcies of two domestic...

https://www.fi-magazine.com/317986/dealer-floorplan-abs-resilient-despite-recession-and-automaker-bankruptcies
Categories: Auto Finance, F&I

Chrysler Financial, the former captive lender of Chrysler LLC, will liquidate and cease business in Dec. 31, 2011, according to a letter from the U.S....

https://www.fi-magazine.com/318054/chrysler-financial-to-end-business-in-2011
Categories: Auto Finance, F&I

An insider confirmed on Wednesday reports that GMAC Financial Services Inc. is in discussions with the U.S. Treasury Department for a third-round of...

https://www.fi-magazine.com/318064/gmac-shoring-up-capital-position-ahead-of-regulatory-deadline
Categories: Auto Finance, F&I

Chrysler Group LLC is offering credit union members preferred pricing on all 2009 Chrysler, Jeep, Dodge and Ram Truck vehicles and a select number of 2010...

https://www.fi-magazine.com/318095/chrysler-offers-incentives-through-credit-union-program
Categories: Auto Finance, F&I

Chrysler Group officials made it clear last Wednesday that securing the financing needs of its dealers will be key to realizing its $500 million, five-year...

https://www.fi-magazine.com/318109/gmac-will-fuel-chryslers-comeback


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