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Payment technology expert says dealers and F&I professionals who are waiting for fintechs to go the way of the early-2000s dotcoms shouldn’t hold their breath.
The National Automobile Dealers Association has released dates and locations for its next five annual conventions.
Santander Consumer USA has agreed to pay $9.29 million in restitution and $2.5 million in fines to settle claims leveled by the U.S. Consumer Financial Protection Bureau over the finance source’s GAP and interest-only payments programs.
Swapalease.com’s latest report show U.S. lease approval rates improved slightly to 70.9% in October following a 3.9% dip in September.
The National Insurance Crime Bureau released its annual ranking of U.S. holidays on which vehicles are most and least often stolen.
An Equifax/NIADA survey of U.S. independent auto dealers charts growing optimism about the economy and their businesses heading into the new year.
Expert offers a crash course in the purpose and structure of credit reports for F&I professionals who need to make good decisions without slowing or disrupting the delivery.
A survey commissioned by Shred-it finds consumers don’t trust dealerships and other businesses to protect their personally identifiable information but are failing to do so themselves.
GM Financial reported increases in loan originations and reduced delinquencies and charge-offs, but lease originations fell $2.3 billion from the first three quarters of 2017.
Seasoned automotive technology veteran Byron McDuffee is expected to help Equifax drive innovative solutions for customers.
Twenty-year industry veteran Dan Crowley has joined Auto/Mate Dealership Systems as Southeast regional sales manager.
A survey commissioned by Protective Asset Protection shows many dealer principals are unaware of how the Trump tax cuts may affect participation program selection, particularly for noncontrolled foreign corporations.
Dealertrack announced plans to expand its partnership with Hyundai Motor Finance and Kia Motors Finance, including a streamlined F&I process.
Car buyers were financing more at the midway point of 2018 than they did in 2016, when record new-vehicle sales were made, according to new data from Equifax.
Chris Gugliotta, a former executive with Dealer.com and Lithia Motors, has joined the startup as head of strategic partnerships. He will be responsible for leveraging Driver Motors’ digital retailing tools for the industry’s largest finance sources and vehicle OEMs.
