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Archives for: March 31st, 2022

TD Auto Finance to fund deals quickly with ‘real-time payments’

Calling itself the first lender to do so, TD Auto Finance will fund auto loans arranged by…

Written by on March 31, 2022

Sonic’s online EchoPark platform so far preserving F&I performance

It’s early in the platform’s life, but Sonic Automotive’s online EchoPark ecommerce tool has so far proved…

Written by on March 30, 2022

Auto lenders prepare for more change, including EV wave and rate hikes

Auto lenders have endured rapid change during the pandemic and face even more as they bring employees…

Written by on March 28, 2022

Car dealerships are lagging behind consumers on digital

The retail and finance experience has been changing since COVID-19 hit, and now consumers expect to do…

Written by on March 28, 2022

F&I product sales could keep elevated dealership profits going

At least some of the elevated F&I profitability dealerships experienced could be sustainable even when inventory returns…

Written by on March 28, 2022

Lawsuit puts focus on exemption for car loans with GAP

Federal officials have again argued that bundled guaranteed asset protection coverage renders an auto loan subject to…

Written by on March 27, 2022

Solera Auto Finance ready to be proxy captive for U.S. car dealers

Though it’s only starting out in seven states, has access to enough capital that it could be…

Written by on March 23, 2022

Zurich gives F&I agents chance to sell its car protection products

Zurich now permits agents to sell its finance and insurance products, It’s a “big change” for the…

Written by on March 23, 2022

Protective Asset Protection parent to buy F&I competitor AUL

Protective Asset Protection’s parent company will purchase rival finance and insurance product provider AUL Corp., The deal…

Written by on March 23, 2022

No charges filed against Fla. Chevy finance manager accused of ID theft

Citing insufficient evidence, authorities declined to file charges against a after a woman claimed to have been…

Written by on March 16, 2022

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