Building on F&I lessons learned in 2021
Customers today are looking to reduce or eliminate unexpected and unforeseen risks.
Interest rates might have reached floor with Fed move, Cox says
The Federal Reserve’s more aggressive credit tightening plan could mean auto loan interest rates will begin to…
Ways to evaluate auto dealership reinsurance for 2022
Market conditions, F&I pricing and customers’ auto loan terms are factors dealerships might take into account when…
Open Road Capital steers Bain funds into dealerships
The auto-retail investment company expanded its dealership investments in 2021. Last year, it announced it had partnered…
Asbury wraps up $3.2B deal for Larry H. Miller Dealerships
Asbury Automotive formally expands into several new western states and picks up an estimated $5.7 billion in…
Banks loosened auto lending standards in Q3
Amid reduced consumer demand, the banking industry relaxed lending standards for auto loans slightly during the third…
TransUnion: Slight uptick in auto loans in 2022, buoyed by below-prime demand
The first half of the year should see increased demand from below-prime customers compared with 2021, according…
Experian: Customers might need older used models to meet budget
A buyer returning to the used-vehicle market after three or four years would need to go back…
VW Financial gets boost from used-car demand, low hedging costs
The finance unit’s annual operating profits this year will be far above a previous projection of $4.51…
Battery may not drain EV residual values
The ballyhooed issue of degradation might represent a less important challenge to electric vehicle residual values when…
