Dealers push for more e-contract deals
Dealers are increasingly choosing e-contract transactions, prioritizing speed over more favorable terms. Auto loans originated via e-contract nationwide rose 28%...
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Podcast: Incentives pick up, dealers eye LTV requirements
Affordability, credit performance, leasing and digital innovation have been top of mind for auto lenders in 2024. Car shoppers saw...
Stellantis reels after CEO’s early departure leaves void
Stellantis NV Chief Executive Officer Carlos Tavares’s surprise departure leaves the maker of Jeep SUVs and Peugeot cars without clear...
Nissan CFO set to step down as carmaker faces raft of challenges
Nissan Motor Co. Chief Financial Officer Stephen Ma is set to step down from his position, people with knowledge of...
Top 5 themes defining auto finance in 2024
The automotive industry of 2024 was defined by lingering affordability concerns, still-high car prices, election uncertainty, tight credit availability and...
Black Friday automotive deals include cash back, low APR
Black Friday 2024 deals are offering a mix of cash-back incentives and attractive APR options. The average transaction price (ATP)...
Used vehicle values sink 0.7% year over year (Big Wheels)
Used-vehicle values dipped sequentially and year over year in November, following YoY declines every month so far this year. The...
Financiers must do more for inclusion of unbanked consumers (Under the Hood)
Though the unbanked population is shrinking, lenders must keep chipping away at financial inclusion to broaden access to credit products...
Musk calls for abolishing consumer finance agency: ‘Delete CFPB’
Billionaire Elon Musk called for eliminating the Consumer Financial Protection Bureau, highlighting the renewed threat under President-elect Donald Trump to...
New forecast projects a weakening in equipment prices over the next 12 months
Equipment rental and leasing prices will decline in 2025 as inflation continues to improve and the Federal Reserve’s rate cuts…
Used Class 8 truck sales exceed expectations
The used-truck market is gaining momentum as fleet owners take advantage of lower prices, but reduced interest rates may have…
