car 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.

• 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.

• Hurricane Sandy: CU Xpress Lease Sees 200% Surge in Car Leasing

  By Michelle A. Samaad  |  November 20, 2012

  GrooveCar joint venture says post-Sandy numbers up sharply as drivers replace flood-wrecked vehicles.

• Aging Cars May Continue to Drive CU Loan Growth

  By Michelle A. Samaad  |  August 15, 2012

  According to CUNA Mutual Group, used vehicle loans at credit unions were up 3.7% year to date and 6.8% since June 2011.

• Autoland Touts Financials

  By Michelle A. Samaad  |  June 18, 2012

  During the first quarter, vehicle buying CUSO Autoland Inc. reported a 16% sales increase over the same period last year.

• Autoland Reports First Quarter Sales Increase

  By Michelle A. Samaad  |  June 4, 2012

  Vehicle buying CUSO Autoland Inc. said its first quarter earnings included a 16% sales increase over the same period last year.

• Credit Union Auto Loans Take a Slight Dip, Catalyst Strategist Says

  By Michelle A. Samaad  |  May 2, 2012

  Credit union vehicle loans outstanding have dropped 2.2% so far in 2012 but lending activity is still higher than it was a year ago.

• Birmingham CU Hit by Another Alabama Twister

  By Jim Rubenstein  |  January 24, 2012

  The $47 million Secure First Credit Union was cleaning up Tuesday after a tornado swept over its main office on Monday in Birmingham, Ala.

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  W2W: CEO Lisa Brown Says ‘Sleep Is for Sissies’

  By Myriam DiGiovanni  |  December 11, 2011

  "I often say sleep is for sissies, fuel up on coffee, roll up your sleeves and get working,” said Lisa Brown, president/CEO of Tallahassee-Leon Federal Credit Union. “I’m a huge proponent of lifelong learning. The moment you think you know everything and stop listening is the minute you set yourself...

• Invest in America Continues to Generate CU Auto Loans

  By Michelle A. Samaad  |  June 2, 2011

  CU Solution Group’s auto lending alliance with Invest in America and General Motors has yielded 130,098 loans from nearly 300,000 members.