All 6 public dealership groups raise F&I profit per vehicle
F&I profits rose in the second quarter despite dwindling new-vehicle sales, which typically offer more profitable F&I…
F&I profits rose in the second quarter despite dwindling new-vehicle sales, which typically offer more profitable F&I…
Shifting consumer demand, changes in vehicle supply and affordability concerns in the new-vehicle market are prompting lenders…
Ford Credit earned $831 million in the second quarter, up 29 percent year over year, reflecting better-than-expected…
The lender also replaced its CFO and its head of Chrysler Capital and auto relationships.
Swiss Re, the world’s largest auto reinsurer, and mapping company HERE predict that advanced driver assistance systems could…
Incorporating artificial intelligence and predictive abilities into portfolio management tools signals an epochal shift in the kinds…
Ryan was recognized for creating the first finance and insurance deapartment.
Created the dealership finance and insurance department.
Used-vehicle loan originations accounted for more than half of Ally’s auto originations for the sixth consecutive quarter.
Auto loan terms of 96 months are offsetting an ongoing decline in new-vehicle incentives, but there’s increased risk…