auto sales

• Auto Loan Delinquency Rates Drop to Near Record Low: TransUnion

  By Michelle A. Samaad  |  February 28, 2013

  The ratio of borrowers that are 60 more days past due on their auto loans continue to remain at near historic low levels, TransUnion says.

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  CUNA Mutual Debuts AskAuto App at GAC

  By Michelle A. Samaad  |  February 25, 2013

  Smartphone app allows credit union members to scan VIN and get cost information, EPA mileage, other basic information and make notes.

• Auto Loans Account for 55% of 2012’s Overall Credit Union Lending Growth

  By Michelle A. Samaad  |  February 14, 2013

  CUNA Mutual report cites continuing strength that chief economist expects to see continue.

• Enterprise Helps Northeast Credit Unions Boost Used Car Loans

  By Michelle A. Samaad  |  February 7, 2013

  Even before Hurricane Sandy blew across several states, Enterprise Car Sales said it was helping credit unions increase their used car loan volume.

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  Auto Lending to Get a Boost From Sandy

  By Michelle A. Samaad  |  January 30, 2013

  Many victims of Hurricane Sandy are still cleaning up and trying to put their lives back together four months after the storm’s destructive floods wiped out entire communities.

• Auto Financial Group Builds DrivingSense CU Roster

  By Michelle A. Samaad  |  January 16, 2013

  Eleven credit unions have recently signed on with Auto Financial Group’s DrivingSense balloon loan program.

• As Rates Fall, More Members Eye New Cars

  By Michelle A. Samaad  |  January 16, 2013

  Three months after Hurricane Sandy’s destruction slammed several states, the storm may have contributed to a jump in loans for new cars at credit unions.

• CU Direct’s Cash Dividend Eighth in a Row

  By Michelle A. Samaad  |  January 15, 2013

  Lending solution provider CU Direct Corp. said its board of directors recently approved a 3% cash dividend to its 102 shareholders.

• CitizensFirst CU Cash Back Promo Boosts Auto Loans 150%

  By Michelle A. Samaad  |  January 14, 2013

  The $370 million credit union in Oshkosh, Wis., ran its Cash Back Auto Loan promotion during the last four months of 2012.

• Enterprise Generates $380 Million in CU Auto Loans

  By Michelle A. Samaad  |  January 11, 2013

  The growth came through used car sales to more than 23,000 credit union members last year.