For the sixth consecutive year, ADESA Northwest was selected as the U.S. Bank Auction of the Year in the marine/RV segment. .
A business manager from Buffalo, N.Y., offers his take on U.S. Bank’s announcement that it will monitor F&I product pricing.
U.S. Bank told dealers this week that it’s monitoring how they price F&I products. If its monitoring program finds ‘unexplained differences in pricing or excessive add-on product financing on a prohibited basis,’ dealers will be asked to provide an explanation.
After reading the CFPB’s consent order against U.S. Bank and its nonbanking partner, the magazine’s legal insider concludes the bureau is one heck of a negotiator.
U.S. Bank data shows 27.3 percent more approvals in 2012 vs. 2011. December’s credit approval rate also jumped 55 percent from November.
General Motors Company said Monday it is expanding leasing by offering programs on select 2009 and 2010 Cadillac, Buick, GMC and Chevrolet models through U.S. Bank.
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