Carvana Nabs $460 Million in New Funding byBrad Bergan August 11, 2016 1 Carvana, a national online auto retailer -- and creator of the world's first coin-operated Car Vending Machine -- announced yesterday...
ABS Performance Shows YoY Weakness, S&P Says byBrad Bergan August 10, 2016 0 Net losses, recoveries, and delinquencies all weakened in the subprime ABS sector in June, according to S&P Global Ratings. Performance...
CapOne to Provide Floorplan Revolvers in Tennessee byBrad Bergan August 10, 2016 0 Capital One announced today that it will provide floorplan revolvers totaling $14 million to two Honda dealerships located in Tennessee, both owned...
HSBC Reaches Settlement with DOJ for Illegal Repos byBrad Bergan August 9, 2016 0 HSBC Finance Corp. has agreed to pay $434,500 in a settlement with the Justice Department to resolve allegations that the...
Breeze Shifts Focus to Fleet Management byBrad Bergan August 9, 2016 0 Breeze is hinting at a sole focus on fleet management in the rideshare market, after suspending its program for new...
Leasing On Track to Outpace Loans, Analyst Says byBrad Bergan August 8, 2016 0 Leasing is taking marketshare from traditional financing, according to CU Direct’s Market Research Analyst Jose Torres. In the near future,...
Vroom Launches Virtual Reality Showroom byBrad Bergan August 4, 2016 0 Vroom launched a virtual reality (VR) showroom Tuesday, and is integrating real-time pricing in the three-dimensional, virtual reality product. "VR needs to...
Bank Credit Standards in Auto Remain ‘Steady,’ Fed Says byBrad Bergan August 3, 2016 0 Banks are holding strong on credit criteria, according to the 2016 Senior Loan Officer Opinion Survey on Bank Lending Practices, released Monday...
Auto finance’s first line of defense: Raising the standard in integrated software partnerships and data strategy February 5, 2026
