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Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
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Toyota Financial Services’ president and CEO George Borst announced his retirement. Stepping into his role will be Mike Groff, who will officially take over as CEO and president on Sept. 30.
Read More →For the second consecutive year, BMW Financial Services ranked highest in leasing and Mercedes-Benz Financial Services ranked highest in floor planning in J.D. Power’s annual U.S. Dealer Financing Satisfaction Study, which also noted increased adoption of e-contracting technologies.
Read More →Equifax's latest report on national consumer credit trends finds that delinquency rates for auto loans decreased more than 11 percent year over year, while new credit climbs to an eight-year high in the opening quarter of 2013.
Read More →Officials say they don’t expect the CFPB’s targeting of dealer participation to impact the company’s economics. They also offer updates on the company’s roll out of a prime product and its acquisition of Ally Financial’s international business units.
Read More →Rick Christopher joins US Equity Advantage as the regional account manager for the Southeast.
Read More →The first 20 days of July has the market research firm predicting a 7 percent gain in deliveries from a year ago. CNW also spots an incentive war brewing on the horizon.
Read More →The Great Recession is still weighing heavily on how consumers shop for vehicles, as new-vehicle intenders continue to make the switch to used. It’s a trend automakers should continue to fuel, CNW predicts.
Read More →Temecula, Calif.-based Paradise Chevrolet Cadillac hands out $50 dinner cards to military personnel and first responders.
Read More →Research from the Kellogg School of Management finds that women tend to pay more for repairs, but the study also reveals that women are better negotiators.
Read More →The company celebrates its two-year anniversary by announcing two expansion moves aimed at fueling the company’s continued growth.
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