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Vehicle Financing

NextGear Capital Appoints New Division VP

NextGear Capital, a vehicle financing company, has announced the appointment of Todd Gunderson to the role of division vice president for the U.S. Eastern region.

Dollar Thrifty Reports $42.3 Million Net Income in Q2

Total revenue flat due to planned reduction in leasing to franchises. Same-store revenue up 2.9 percent. Revenue gains for vehicle rentals partially offset by drop in rental days, though volume improving. Utilization up. Strong used-car market keeps vehicle depreciation costs in check.

Hertz Rent2Buy Offers Customers Finance Options Through Chase

Chase Auto Finance gives Rent2Buy customers, who buy used vehicles from Hertz’s online car-sales program, a full range of financing options. Chase was the No. 1 auto lender in the United States in new loan production in 2009, lending $23.7 billion to finance 1.1 million new- and used-vehicles for consumers.

How to Be Your Bank’s Best Customer

Banks want more assurances than ever that your business is healthy. Having an answer to these 10 questions will help keep your credit lines safe.

Car Rental Show 2009: Finding Opportunity in the New Economy

More than 400 auto rental professionals gathered in Las Vegas at the 2009 Car Rental Show to address the challenges facing the industry. This year, the funding crisis and credit crunch were prevailing themes in the seminars, panels and roundtable discussions.

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