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Interest Rates Further Squeeze Auto Consumers
Last month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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SEARCHMENUSEARCHLast month’s hike and a potential second increase this month add to a growing list of inflation woes that could continue to dent overall car sales.
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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.
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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.
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The National Insurance Crime Bureau released its annual ranking of U.S. holidays on which vehicles are most and least often stolen.
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An Equifax/NIADA survey of U.S. independent auto dealers charts growing optimism about the economy and their businesses heading into the new year.
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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.
Read More →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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