Thor increases incentives as sales slump
Thor Industries increased incentives for the fourth consecutive quarter as North American sales slumped heading into the winter season. Promotion...
Lower payments boost leases in Q3
Consumers turned to leasing in the third quarter to help alleviate affordability pressures amid elevated interest rates. Borrowers saved a...
Staying the course: Dan Berce, Auto Finance Executive of the Year
Since 1919, when General Motors launched General Motors Acceptance Corp., the captive in auto finance has had one goal: move...
VIN system could make e-bikes more attractive to powersports lenders
E-bikes have proven to be a tough segment for powersports financiers to enter, largely due to the lack of security...
A 5-step plan for catching synthetic identity fraud
Synthetic identity fraud, document fraud and identity theft fraud: These are the three most common forms of vehicle fraud the...
GM Financial to expand telematics-based insurance in ’24
GM Financial is gearing up to expand its telematics-based insurance offering in 2024 following the August relaunch of its OnStar...
U.S. Bank initiates major staff cuts in auto division
U.S. Bank laid off a portion of its auto division this week as the bank continues its pullback in auto...
Western Funding secures $450M warehouse facility
Las Vegas-based subprime lender Western Funding secured its first independent warehouse facility on Nov. 13 as the company looks to...
