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Charges against ex-Tricolor CEO Daniel Chu double in new indictment

Former Tricolor Chief Executive Daniel Chu faces several new charges, including securities fraud in a new Department of Justice indictment

Cars on a dealership lot

Arra Finance closes first auto ABS deal after preparations in 2025

Nonprime indirect auto lender Arra Finance closed its first auto asset-backed securitization this month as it continues to build out

Overhead shot of cars in a dealer lot

BHPH dealers should watch core metrics to avoid profit pitfalls

AURORA, Colo. — Buy here, pay here dealers should focus less on sales volume and more on core metrics that

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A pedestrian walks past signage for a BRP manufacturing facility in Valcourt, Quebec, Canada, on Wednesday, Oct. 28, 2020. BRP Inc. says production shutdowns depleted its inventory and dragged down revenues in its second quarter, but rising demand buoyed profits as fun-seekers turned to power sports for pandemic recreation, The Toronto Star reported.

DLL named exclusive floorplan financier for BRP in Europe 

Global asset-based financial solutions provider DLL is leaning more into the recreational products sector following a deal inked this month

US diesel prices fall under $5, easing inflationary pressure

The cost of diesel in the US fell below $5 a gallon for the first time since mid-March, offering some

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Charges against ex-Tricolor CEO Daniel Chu double in new indictment

Former Tricolor Chief Executive Daniel Chu faces several new charges,

Arra Finance closes first auto ABS deal after preparations in 2025

Nonprime indirect auto lender Arra Finance closed its first auto

Technology

Agora Data platform to offer vehicle service contracts, GAP 

AI-powered auto fintech Agora Data will provide vehicle service contracts

Exclusive: Brex, Tekion launch dealer-facing expense management platform 

Auto dealers can cut costs by automating corporate card and

FIS, Fuse partner on auto, equipment finance origination platform

FIS and cloud-native lending technology provider Fuse have formed a

Global Lending Services expanding dealer pricing tool 

Global Lending Services is expanding a program for dealers that

The tax return looked real; that was the point 

One of the most common questions lenders ask today is

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