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AAA analysts say bigger price tags and higher interest rates have conspired to raise American new-car buyers’ average annual total cost of ownership to...
https://www.fi-magazine.com/358227/escalating-finance-costs-drive-24-spike-in-tco
The Federal Reserve reports U.S. car buyers borrowed $159 billion in the third quarter, a modest gain powered by a 6% increase in originations to prime...
https://www.fi-magazine.com/359499/auto-loans-and-leases-up-1-in-q3
‘Market strength is waning’ for used vehicles after a strong summer, a trend that is likely to continue through the end of the year, according to the latest...
https://www.fi-magazine.com/358901/summers-end-puts-retention-index-on-downward-track
Cox Automotive’s latest Dealer Sentiment Index shows a marked disparity in optimism and fear factors between America’s new- and used-car dealers.
https://www.fi-magazine.com/358259/cox-franchise-independent-dealers-see-two-different-markets
Cox Auto hosted their seventh annual Industry Insights Breakfast and have shared the materials online.
https://www.fi-magazine.com/359976/cox-automotive-shares-2020-industry-insights
Ten-year auto finance veteran Scott Maybee has been named president of NextGear Capital after serving as general manager of Manheim Northstar Minnesota.
https://www.fi-magazine.com/359339/maybee-named-president-of-nextgear-capital
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.fi-magazine.com/359319/fed-triggers-third-interest-rate-cut-of-2019
Ford Motor Credit is No. 1 in J.D. Power’s latest rankings of customer satisfaction with auto finance companies. Analysts say the metric is increasingly...
https://www.fi-magazine.com/359489/ford-credit-tops-all-finance-sources-in-customer-satisfaction
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.fi-magazine.com/357772/doj-settles-nissan-captive-case-for-3m
New feature allows dealership customers to pay ROs & parts invoices remotely.
https://www.fi-magazine.com/361109/auto-mate-introduces-remote-payments-for-repair-orders-and-parts-invoices