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Categories: Auto Finance

Equifax’s national monthly report showed increases in originations for auto, bankcard, consumer finance and home equity revolving lines on a year-to-date basis.

https://www.fi-magazine.com/319290/originations-increase-as-payment-patterns-improve-reports-equifax
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Cox Automotive has named Shane O’ Dell president of financial solutions. The former Manheim exec will oversee NextGear Capital, where he served as COO...

https://www.fi-magazine.com/322585/shane-odell-returns-to-nextgear
Categories: Auto Finance, Compliance, Dealer Ops, Digital, F&I, Fixed Ops, Showroom, Training

On Dec. 29, the Federal Trade Commission announced plans to conduct a qualitative survey of consumers who have purchased and financed an automobile from a...

https://www.fi-magazine.com/322090/ftc-plans-to-study-the-auto-buying-experience
Categories: Auto Finance, Dealer Ops

New-car prices have increased by $165 from November last year, while rising $568 from a month prior. Domestic automakers have been the main beneficiaries of...

https://www.fi-magazine.com/321318/kbb-new-car-transaction-prices-up-in-november
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Not only do women have higher credit scores and less debt than men, according to a new report from Experian, they are more likely to purchase a more...

https://www.autodealertodaymagazine.com/322233/women-better-managers-of-credit-than-men-study-shows
Categories: Auto Finance, Compliance, Dealer Ops, F&I

The same week the CFPB celebrated its five-year anniversary, trade groups representing various motor vehicle industries urged U.S. Senators to support...

https://www.autodealertodaymagazine.com/322498/trade-groups-call-on-u-s-senators-to-support-cfpb-reform-bill
Categories: Auto Finance

While Chrysler LLC’s bankruptcy filing under Chapter 11 on Thursday provided a clearer picture of the troubled automaker’s way forward, it left the future...

https://www.fi-magazine.com/317555/chryslers-bankruptcy-clouds-future-for-chrysler-financial
Categories: Auto Finance, F&I

Touting year-over-year improvements in originations, credit performance and earnings, AmeriCredit officials said on Jan. 27 the company is in a good...

https://www.fi-magazine.com/318268/originations-infrastructure-rebuilt-says-americredit
Categories: Auto Finance

Ally’s second quarter originations were flat from a year ago despite the loss of General Motors’ lease business, with the company shifting its origination...

https://www.fi-magazine.com/321826/ally-increases-used-nonprime-originations-with-loss-of-gm-lease-business
Categories: Auto Finance, Dealer Ops, F&I, Showroom, Training

Wholesale used-vehicle prices in January averaged $10,945, a 6.7% increase from a year ago and a 2.8% rise from the prior month, according to ADESA...

https://www.autodealertodaymagazine.com/322990/kontos-january-wholesale-prices-rise-6-7-yoy


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