Powersports retail market yet to feel effects of rising interest rates
The powersports retail market has yet to feel the effect of rising interest rates, but lenders’ margins are getting squeezed...
Transparency key in auto finance, but dealers and consumers are split on its improvement
The need for transparency in the car buying and financing process has been accelerated by the pandemic as more consumers...
Agora Data injects $120M into auto ABS market, eyes rated deal later this year
Agora Data made its latest entry into the auto asset-backed securities (ABS) market with a private, crowd-sourced deal aggregated from...
Cadillac Financial brings white-glove service to auto finance
A new captive has entered the mix, and it’s aiming to bring a white-glove service to auto financing. Cadillac Financial...
Listen: Editors’ Weekly Wrap discussion drills down on used values, inflation
Last week, used-vehicle values cooled for the third straight month in a positive sign for the U.S. Labor Department’s forthcoming...
More than 50% of financing applications at Byrider start online
Byrider customers are increasingly starting the auto financing process online as the automotive retailer and financier continues its migration to...
BMW, Mercedes-Benz turn final page on car-sharing service
Stellantis is set to acquire BMW AG and Mercedes-Benz Group’s mobility subsidiary Share Now in what is shaping up to...
CFPB bulletin outlines compliance priorities
The Consumer Financial Protection Bureau’s Feb. 28 bulletin on auto repossessions serves as a laundry list of unfair, deceptive or...
