Categories: Auto Finance, F&I

The National Automobile Dealers Association has urged the U.S. Small Business Administration to expand loan amounts and guaranties under the Dealer Floor...

https://www.fi-magazine.com/318069/nada-lobbies-for-changes-to-sba-floorplan-financing-program

Categories: Auto Finance, F&I

Two Minnesota Harley-Davidson Dealers are looking to bring the same payment assurance program offered by Hyundai to the powersports industry after signing...

https://www.fi-magazine.com/352160/minn-hd-dealers-launch-payment-assurance-program

Categories: Auto Finance, Dealer Ops, F&I

SouthwestRe's new Automotive Powertrain Wrap is a vehicle service contract designed to be sold together with the F&I product provider's First Automotive...

https://www.autodealertodaymagazine.com/322212/southwestre-introduces-powertrain-wrap-program

Categories: Auto Finance, F&I

Copart Inc., an online vehicle auction company, has integrated Dealer Services Corporation (DSC), an independent used-car financing company, into its...

https://www.fi-magazine.com/318067/copart-and-dealer-services-corp-integrate-systems

Categories: Auto Finance, Dealer Ops, Digital, F&I

The GrooveCar Family of Brands includes CU Xpress Lease, an auto lease program for credit unions with a portfolio exceeding $5 billion and more than 100,000...

https://www.fi-magazine.com/323358/fusion-auto-finance-acquires-groovecar-family-of-brands

Categories: Auto Finance, Dealer Ops, F&I

The partnership aims to drive up market share of Auto Financial Group’s DrivingSense option, a hybrid financing product that acts like a lease.

https://www.fi-magazine.com/320778/efg-partners-with-auto-financial-group-to-expand-balloon-financing-product

Categories: Auto Finance, Dealer Ops, F&I

Asbury increased its F&I per-copy average 3% to $1,436 in the second quarter. But total F&I gross profit fell due to a 'Choppy' retail environment,...

https://www.autodealertodaymagazine.com/322556/asbury-choppy-retail-environment-drives-down-q2-fi-gross-profit

Categories: Auto Finance, Dealer Ops, Digital, F&I

Based on TransUnion’s CreditVision trended data, FICO Auto Score 9 XT is specifically designed for the auto finance marketplace. The scoring system ignores...

https://www.fi-magazine.com/322407/transunion-fico-team-up-on-new-credit-scoring-system

Categories: Auto Finance, F&I

Ford Motor Credit Company celebrated Friday its 50th anniversary. It was incorporated as Ford Motor Company's financing subsidiary on Aug. 20, 1959,...

https://www.fi-magazine.com/317887/ford-motor-credit-marks-50th-anniversary

Categories: Auto Finance, Dealer Ops, Digital, F&I, Showroom, Training

Beginning in the state of California, financing through Hyundai Capital America is now accessible to AutoGravity users searching for financing for Hyundai,...

https://www.fi-magazine.com/323444/hyundai-capital-america-partners-with-autogravity