Auto Finance News

Same players, new tricks: Exploring the subtle art of direct lending

Roughly two years ago, direct-to-consumer lending gained traction as top industry players Ally Financial, Bank of America and Chase Auto launched online lending platforms. Since then, smaller financiers have trickled onto the direct lending playing...

Nicole Casperson
February 24, 2020

Audi pauses electric-car production as Tesla zooms ahead

Bloomberg News
February 24, 2020

Nicholas Financial acquires $19M of Platinum Auto Finance’s active portfolio

Nicole Casperson
February 21, 2020

GM Financial eyes mobile app integration with OEM

Joey Pizzolato
February 21, 2020

Daimler braces for higher Mercedes-Benz diesel costs in Germany

Bloomberg News
February 21, 2020

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Sales & Marketing

Same players, new tricks: Exploring the subtle art of direct lending

Nicole Casperson
February 24, 2020

Audi pauses electric-car production as Tesla zooms ahead

Bloomberg News
February 24, 2020

Nicholas Financial acquires $19M of Platinum Auto Finance’s active portfolio

Nicole Casperson
February 21, 2020

ALL SALES & MARKETING

DiDi responds to coronavirus concerns with cross-industry initiative

Bianca Chan
February 24, 2020

What does the implementation of CCPA mean for your business?

Susan Chylik and Colin Quillinan
February 19, 2020

Experian: Lenders should step up ID verification to fight fraud

Bianca Chan
February 12, 2020

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Measuring and mitigating fraud risk [Podcast]

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Aclaró expands into prime auto lending market

Aclaro
October 24, 2019

State of the subprime auto lending market

Aclaro
October 22, 2019

Why low balance letters are not working

Aclaro
September 25, 2019

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DiDi responds to coronavirus concerns with cross-industry initiative

Beijing-based DiDi Chuxing is expanding its efforts to mitigate the impact of the novel coronavirus on China’s transportation system, according to an announcement from the mobility platform last week. DiDi...

Bianca Chan
February 24, 2020
Best Practices

Daimler braces for higher Mercedes-Benz diesel costs in Germany

Daimler AG warned of a further crackdown on Mercedes-Benz diesel vehicles in Germany and boosted provisions for legal and regulatory costs that already crimped profit last year. The country’s motor industry watchdog,...

CU Direct to pilot refreshed online car shopping portal

LAS VEGAS — CU Direct is drawing up plans to enhance its online car shopping portal that is integrated on credit unions’ websites, Ken Potter, senior vice president of dealer...

Nicole Casperson
February 20, 2020
Innovation & Technology, Sales & Marketing

Deadline nears for Big Wheels submissions

With the deadline looming, now’s the time to submit 2019 results for inclusion in Big Wheels Auto Finance Data: A Ranking of the Nation’s Top Car Financiers. Submissions are due tomorrow, Feb....

Moody’s: I-Banks spend $72B annually to fend off fintechs

Global investment banks are making major digital investments to keep pace with fintechs, Moody’s Investors Service reported in a research note this week. The research study noted that global investment...

Elon Musk bought $10M of Tesla shares on Valentine’s Day

Elon Musk bought 13,037 Tesla Inc. shares for $10 million on Feb. 14, according to a filing with the U.S. Securities and Exchange Commission. Musk purchased the shares at an...

Bloomberg News
February 20, 2020
People, Strategy

Prime consumers lean toward used vehicles

LAS VEGAS — Consumers with prime credit scores are showing an increased appetite for the used-vehicle market, a continuing trend that first emerged earlier in the year, according to Experian’s...

Joey Pizzolato
February 19, 2020
Sales & Marketing

Fintech AutoFi broadens focus to in-store transactions

AutoFi is looking to expand its purchase experience to facilitate more in-person transactions and to be more configurable across different franchise dealerships, Chief Executive Kevin Singerman told Auto Finance News. The growth plans come...

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