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The first 100 days of President Barack Obama’s administration have been marked by much pressure to address the financial crisis, help the U.S. economy, and establish regulatory reform. Wolters Kluwer Financial Services’ compliance experts agree that development alone has already changed the mood within the financial services industry.
Read More →The auto finance industry struggled through the first quarter of this year, but several companies reported lower losses compared to the fourth quarter 2008.
Read More →RouteOne announced Monday that it will integrate with desking technology provider Market Scan Information Systems Inc.’s MS5 and mDesking software products. RouteOne also said it improved its partnership with ProMax Online, a software provider for the special finance segment.
Read More →The average interest rate for new-car loans dropped sharply in February, while the amount financed increased, according to the latest Federal Reserve Statistical Report.
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By the end of 2008, more than $7 billion worth of automotive loans were 60 days delinquent. Experian market analyst tracks the single-most challenging year for auto finance and provides her take on the road ahead.
Read More →The average amount financed on U.S. new-vehicle purchases increased in January 2009, according to the latest Federal Reserve Statistical Release.
Read More →The average amount financed on U.S. new-vehicle purchases continued to decline in December 2008, according to the latest Federal Reserve Statistical Release.
Read More →The average amount financed on U.S. new-vehicle purchases declined in October to $25,391, according to the latest Federal Reserve Statistical Release.
Read More →Finding a winning F&I manager takes more than a gut feeling. It takes a good selection process, ongoing training and a pay plan that reinforces goals and objectives.
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As female consumers gain greater purchasing power, dealerships are matching the trend by adding more women to their F&I staffs.
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