Dealers shift focus to F&I as front-end margins decline
Auto dealers have refocused on increasing finance and insurance profits as front-end margins have declined from pandemic-era peaks. Front-end margins...
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ThunderRoad Financial eyes $100M in 2025 deals
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NextGear extends flexible floorplan pricing
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Manheim used-vehicle values rise 0.4% YoY
December wholesale used-vehicle values rose from 2023 but declined sequentially following year-over-year price declines in every product segment. The...
NMAC eyes completion of receivables system in FY 2025
Nissan Motor Acceptance Co. this year plans to complete the integration of a new loan and lease receivables system to...
United Rentals buying H&E Equipment Services for $5B
United Rentals is acquiring H&E Equipment Services for nearly $5 billion, further increasing its position as the largest North American…
Used-truck prices ‘hit bottom’ as inventory dwindles
Used-truck prices may have finally bottomed out as heavy-duty inventory declined in December amid loosened lending standards and broader economic…
