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Experian’s "State of the Automotive Finance Market: Q3 2021" report finds delinquencies remain lower than pre-pandemic levels.
http://www.providers-administrators.com/366566/new-data-shows-delinquencies-remain-low-amid-rising-average-vehicle-loan-amounts
The average payment climbed to $717 in the fourth quarter of 2022, which is 50% higher than in 2010, according to Edmunds.
https://www.fi-magazine.com/369768/auto-loan-payments-rates-hit-record-highs
For 16 years, the program has recognized the industry’s best vendors, suppliers, and finance partners.
http://www.providers-administrators.com/362669/winners-of-2020-dealers-choice-awards-announced
Each has its own strengths and challenges, but there is one to strive to achieve.
https://www.agent-entrepreneur.com/375885/five-types-of-fi-managers
A group of U.S. Porsche dealers is piloting the German factory’s first-ever online sales and financing option, designed to limit the customer’s dealership...
https://www.fi-magazine.com/359223/25-porsche-dealers-pilot-online-sales-and-fi-platform
Makes key addition in automotive veteran Averi Tucker, who brings decades of sales leadership and business-development experience.
http://www.providers-administrators.com/374383/autopayplus-sales-leadership-team-expands
German carmaker opens first-ever store dedicated to EVs.
http://www.providers-administrators.com/369522/mercedes-invests-in-ev-sales-in-japan
Mini Financial Services has launched Flipped Financing, a new captive finance option billed as a simplified, low-pressure, single-rate approach for dealers,...
https://www.fi-magazine.com/359163/mini-dealers-get-flat-rate-auto-finance-program
Fed announces fourth consecutive ‘jumbo’ increase in effort to slow inflation.
https://www.agent-entrepreneur.com/369296/another-interest-rate-hike-looms-large
Nonprofit’s tests give just one of 14 systems an ‘acceptable’ rating.
https://www.autodealertodaymagazine.com/373274/ratings-show-partial-automated-driving-weakness