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July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
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SEARCHMENUSEARCHCredit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
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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.
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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.
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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.
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Seasoned automotive technology veteran Byron McDuffee is expected to help Equifax drive innovative solutions for customers.
Read More →Twenty-year industry veteran Dan Crowley has joined Auto/Mate Dealership Systems as Southeast regional sales manager.
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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.
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Dealertrack announced plans to expand its partnership with Hyundai Motor Finance and Kia Motors Finance, including a streamlined F&I process.
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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.
Read More →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.
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Is your local credit union a friend or a foe? The magazine’s resident F&I wiz offers a four-step process you can use to unlock a powerful new auto finance source.
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