More business referrals from a growing roster of clients helped vehicle buying CUSO Autoland Inc. drive $93.2 million in loans to its credit union partners in 2012.

The Chatsworth, Calif.-based firm said it posted a year-over-year net profit increase of 174% last year. Autoland said it also raised its auto loan to vehicle sale retention rate to a combined 82%.

"2012 was an excellent year for Autoland – we exceeded our sales forecast, added significant credit union partnerships, expanded in-house office locations and retained more direct loans for our partners than ever before," said Jeffry Martin, president of Autoland.

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