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Dealers are poised to lean harder on finance and insurance revenue in 2025 amid rising inventory, declining vehicle prices and changing regulations. The finance and insurance (F&I) office is one of the largest profit centers for dealers, who sell aftermarket products such as vehicle service contracts and guaranteed asset protection (GAP), Al Salas, chief executive […]
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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
