Aftermarket product chargebacks cut into dealer F&I profit
Chargebacks related to early cancellations of aftermarket products are squeezing already tight finance and insurance profits for dealers. Back-end profits...
Read moreDetailsChargebacks related to early cancellations of aftermarket products are squeezing already tight finance and insurance profits for dealers. Back-end profits...
Read moreDetailsRegional bank's’ fourth-quarter earnings primarily showcased growth in auto finance, mirroring similar results reported by national banks this week. Bank...
Recent leadership changes at powersports retailer RumbleOn are making the company temporarily noncompliant with listing requirements of the Nasdaq Stock...
Stellantis’ North American sales and shipments declined in the fourth quarter as the automaker looked to reduce inventory. Sales...
A rise in auto sales offset a decline in auto asset-backed securitization issuance in December, contributing to stronger auto finance...
A series of regulatory actions during the past month, including the largest FTC settlement involving a dealership, indicates that regulatory...
Bank of America’s auto originations rose in the fourth quarter as the bank eyes further growth in 2025. Originations increased...
Dealers saw auto sales rise in the latter half of November through December as resolved election uncertainty, OEM incentives and...
Federal Reserve Governor Christopher Waller said the US central bank could lower interest rates again in the first half of...
AI and technology advances are shaping the equipment finance industry and playing a role in mergers and acquisitions. Alta Group…
Used-truck sales spiked in December as fleet owners took advantage of favorable deals ahead of continued price hikes while benefiting…
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