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auto finance

Subprime Lender Has Mixed Q3 Results

Credit Acceptance boosts loan volume, value but lowers collection rate forecast.

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Financial Forces Threaten Improved Auto Supply Chain

Inflation and interest rate hikes could dampen consumer demand.

NADA Blasts FTC Over Proposed Dealership Rules

Draft regulations would target bait-and-switch price ads, misleading F&I practices, and valueless F&I products.

McLaren and Fisker Choose Chase for Branded Financing

McLaren and Fisker have branded their auto finance ventures and have them supported by Chase.

Black Book: Weekly Market Update

Wholesale prices continued to gain momentum, with all segments reporting week-over-week increases last week.

Automotive Finance Industry Shows Consistency in Q4 2020 Despite Disruptions

Overall, the automotive finance market has remained resilient, despite the pandemic. Staying close to the data will help lenders ensure they have the right options available to fit consumers’ needs and budgets.

January Auto Lease Payments Up on Several SUV Brands While Others Slash Prices

While many SUV brands decrease lease payments, others increase monthly rates after the New Year to meet the segment average.

Despite the Initial Impact of COVID-19, the Automotive Industry Shows Positive Signs In Q2 2020

The average loan amount for a new vehicle jumps $4,000; however, the average monthly payment remains steady.

Winners of 2020 Dealers’ Choice Awards Announced

For 16 years, the program has recognized the industry’s best vendors, suppliers, and finance partners.

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Democrats Signal Defeat on EV Tax Credit

The federal spending bill being negotiated by House and Senate leaders is not likely to include an extension of the $7,500 tax credit for buyers of electric vehicles.

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