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Showroomby Paul Mac DonaldApril 4, 2017

VW Settles State Diesel Claims for $157M

This latest settlement, announced on March 30, will be paid to Connecticut, Delaware, Maine, Massachusetts, New York, Oregon, Pennsylvania, Rhode Island, Vermont, and Washington. The settlement was negotiated with attorneys general from each state.

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Auto Financeby StaffApril 4, 2017

AIADA: Asian Brands Lead the Way for International Nameplates in March

With the Industry SAAR falling below 17 million for the first time since August, the trade group said the industry's March sales performance 'suggests that sales may be plateauing.' The association said now is the time for dealers to tighten their operations and push back on any tax increases on consumers.

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F&Iby StaffApril 3, 2017

NAE/NWAN Launches Motorcycle Warranty Forever

Motorcycle Warranty Forever offers lifetime coverage for motors and transmissions with no cost, deductible or expiration.

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F&Iby StaffApril 3, 2017

Ally Rolls Out Online Auto Finance Marketplace

Clearlane allows consumers to finance a vehicle purchase from a dealership or a private party sale, refinance their existing loan, or buy their vehicle at lease end. The site also sells GAP and service contracts.

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F&Iby StaffApril 3, 2017

AutoGravity Surpasses 1,000-Dealer Mark

AutoGravity’s mobile car shopping and financing platform has grown to included 1,000 rooftops representing more than 1,400 dealerships.

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Auto Financeby StaffMarch 30, 2017

Tom Webb to Retire as Cox Automotive's Chief Economist

Tom Webb will retire on June 30, ending a more than four-decade career. Cox Automotive officials said a replacement will be named in the coming weeks.

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F&Iby StaffMarch 30, 2017

Laura Schupbach to Lead Wells Fargo Dealer Services

The 20-year company veteran previously led the Wells Fargo Insurance business. She succeeds Dawn Martin Harp, who announced her retirement on Jan. 10.

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F&Iby StaffMarch 30, 2017

Alpha Warranty Teams With Agent, Dealer to Help Struggling Family

A letter written by a West Philadelphia teen about her family’s struggles to care for her sister, who suffers from multiple medical issues, prompts the F&I product provider, its agent and dealer to donate transportation and more.

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F&Iby StaffMarch 29, 2017

Santander Agrees to $26 Million Settlement

Santander Consumer USA will pay $26 million to settle charges brought by the attorneys general of Delaware and Massachusetts.

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F&Iby StaffMarch 29, 2017

MUSA Auto Finance Secures Funding Capacity of $175 Million

The special finance company, which counts the cofounder and former COO of Exeter Finance in its executive ranks, will use the funding to launch a new and pre-owned auto leasing program this year.

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