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Following multiple cyberattacks, CDK Global expects its dealer operations platform to be fully functional this week, which would limit potential credit implications on dealer floorplan asset-backed securities. “We are continuing our phased approach to the restoration process and are rapidly bringing dealers live on the Dealer Management System,” CDK said in a statement provided to […]
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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
