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A joint statement from the nation’s biggest banking regulators expressed cautious optimism toward emerging decisioning models that could generate more auto...
https://www.autodealertodaymagazine.com/359674/regulators-appear-to-endorse-alternative-credit-scoring
Equifax analysts say U.S. auto loan and lease originations declined 0.6% and 3.9% year-over-year in the first half of 2019, but balances for new vehicle...
https://www.autodealertodaymagazine.com/359528/auto-loan-and-lease-activity-slows-as-balances-grow
The Federal Reserve has announced its third interest rate reduction since July, this time excluding language committing the central bank to action in...
https://www.autodealertodaymagazine.com/359319/fed-triggers-third-interest-rate-cut-of-2019
Ford Motor Credit has launched Ford Insure, a new program underwritten by Nationwide and designed to offer car buyers auto insurance at rates discounted by...
https://www.autodealertodaymagazine.com/359111/ford-credit-rolls-out-discount-car-insurance-program
Stock are on the rise following the second quarter-point reduction to the federal funds rate in less than two months. No further cuts are planned for this...
https://www.autodealertodaymagazine.com/358304/fed-cuts-interest-rate-again-stock-market-responds
National Automobile Dealers Association officials have told the FTC that proposed new provisions to the Safeguards Rule may be unnecessary and could cost...
https://www.autodealertodaymagazine.com/358185/nada-mounts-opposition-to-enhanced-safeguards-rule
Toyota Motor Credit will offer loans, leases, and F&I products to Mazda’s U.S. dealers and customers, replacing the JPMorgan Chase-backed Mazda Capital...
https://www.autodealertodaymagazine.com/358021/mazda-turns-to-toyota-for-captive-financing
The U.S. Department of Justice announced Nissan Motor Acceptance will pay $3 million to settle charges that it unlawfully repossessed 113 vehicles belonging...
https://www.autodealertodaymagazine.com/357772/doj-settles-nissan-captive-case-for-3m
LendingTree analysts have discovered a correlation between commute times and auto loan balances, finding that car buyers borrow $269 for every additional...
https://www.autodealertodaymagazine.com/357733/report-longer-commute-bigger-auto-loan
Facing new global realities and pressure on multiple fronts, the Federal Reserve cut interest rates for the first time in more than a decade in an attempt...
https://www.autodealertodaymagazine.com/357714/cornered-fed-announces-first-rate-cut-since-2008