Election outcome likely to impact auto finance landscape
Three factors will be pivotal in shaping the automotive industry’s trajectory, according to Cox Automotive Chief Economist…
Digital tools still require dealership support
Lithia Motors executives said last week that in-store F&I managers provide the best behind-the-scenes support for virtual…
Digital auto selling and lending has a weak spot: Fraud
Auto finance has been hit particularly hard with fraud spiking by 30 percent each week since March,…
Auto lending complaints rise amid COVID-19 pandemic, study says
A new study by U.S. Public Interest Research Group examines consumer complaints into the Consumer Financial Protection…
Major auto lenders claim further stimulus could preserve portfolio performance
All three major auto lenders that reported earnings last week signaled concern that without further government stimulus,…
Subaru renews captivelike partnership with Chase Auto
Chase Auto has powered Subaru’s financing arm for 19 years, making it the lender’s oldest exclusive automaker…
Ally profit surges behind wave of auto originations
The Detroit lender’s third-quarter net income nearly doubled from the second quarter largely thanks to its highest…
Adoption of digital F&I depends on dealership encouragement, study finds
Customer adoption of digital tools is contingent on what a dealership offers and also on how they…
Additional stimulus needed to endure coronavirus-induced downturn
Without additional stimulus, the positive credit metrics seen amid the pandemic protections period could end. And without…
Vehicle finance conference to go virtual in 2021
The decision mirrors that of the National Automobile Dealers Association, which said this week that its annual…
