Enforcement likely from new CFPB administration
Senior executives at the American Financial Services Association discussed a spate of regulatory hurdles facing auto lenders…
Federal credit reporting agency unlikely, AFSA says
Though a federally run credit-scoring agency is unlikely, the desire for greater transparency in how scores are…
Digital retailing, tight inventory boost publics’ Q4 F&I profits
Despite industry headwinds, all six public retailers reported higher F&I profit per vehicle retailed.
Auto captives offer payment help for Texas storm victims
The lenders say customers impacted by the winter storm may contact them to seek assistance.
How to manage a downturn? Clues are in the data
Data can help us understand how and when certain economic indicators might trigger movement in the industry….
For Ohio dealer, virtual sales manager is the real deal
John Connelly, owner of Acura Columbus, can’t imagine working now without his virtual sales manager, and is…
GM captive doubles profits, boosts lending in Q4
GM Financial more than doubled profits and boosted loan and lease originations as GM’s sales and average…
Dealertrack rolls out digital workflow for paper-dependent lenders
The Cox subsidiary rolled out Dealertrack Digital Contracting Choice, a tool that allows a dealership to submit…
With new president comes ‘significant’ F&I scrutiny
Experts at the National Automobile Dealers Association’s virtual conference discussed the likely uptick in federal scrutiny under…
F&I ‘not getting its fair due’ in digital retail
As the industry transitions to digital retail, it needs to recognize the needs of F&I, says an…
