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Hyundai Capital America is charging dealers fees for paper contracts to get them to switch to e-contracting, and GM Financial is soon to follow, Auto Finance News has learned. GM Financial effective Aug. 1 will start charging General Motors dealers who do not meet a “75% monthly e-contracting threshold” a $200 fee for each paper contract […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
