Zurich launches EV service contract F&I product
Dealerships can now sell a Zurich vehicle service contract tailored specifically to electric vehicles. Zurich said it…
Dealerships largely don’t let customers finish F&I online, survey finds
An eLend Solutions dealership survey found the industry largely fails to make the finance and insurance process…
CoPilot: Lessees aware of vehicle market but still expect to upgrade
Despite dealerships’ tight inventory and automakers being forced to remove features from new models over supply shortages,…
AI can automate income verification
Informed.IQ says it can automate “over 95 percent of situations” by having artificial intelligence review documents uploaded…
Auto loan competition fierce as lenders report Q3 results
Capital One reported strong auto loan origination growth and strong competition as it and other major publicly…
Nearly half of consumers research financing before securing loan, leasing
A new J.D. Power survey of 10,462 people with recent auto loans or leases found that 45…
Public auto retailers’ Q3 per-vehicle F&I profit grows
All six major publicly traded dealership groups continued to grow their same-store F&I profit per vehicle during…
CFPB: Disputed auto loans closed quickly, but flags hang around
About 17 percent of consumer credit disputes over auto loans result in the loans being closed immediately,…
BMO Harris exec Craig Harter to lead Fifth Third auto lending
Harter will succeed Peter Kidd, who will retire in the spring after 17 years with the bank.
CreditIQ deal gives Cars.com customers access to online F&I
Cars.com is entering the auto finance market with , whose technology and digital retailing platform allow customers…
