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Driveway, Lithia Motor‘s digital retailing arm, will be the first online auto dealer to offer real-time payments (RTP) to sellers, the result of a new partnership with U.S. Bank announced last week that leverages The Clearing House’s RTP Network. A pilot is currently underway with Driveway customers in the Portland area and will roll out […]
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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
