Federal tax credits may contribute to EV depreciation
LAS VEGAS – Federal tax credits may be driving the depreciation of electric vehicles, Nissan Motor Acceptance Company President Kevin...
GM Financial lease originations down 31% YoY in Q3
GM Financial’s lease originations fell in the third quarter as vehicle sales, inventory and incentives remain low. U.S. lease originations...
Shifts to digital retail, delivery prompt powersports compliance concerns
LAS VEGAS — Powersports dealers offering digital transaction capabilities must consider new compliance concerns surrounding vehicle delivery. Interstate deliveries are...
Point Predictive announces new fraud risk tech at Auto Finance Summit
LAS VEGAS – Point Predictive announced today during the Auto Finance Summit it has launched a new tool aimed at helping...
RumbleOn opens Florida-based fulfillment center
Powersports retailer RumbleOn is expanding its footprint with a new product fulfillment center in Orlando, Fla. The fulfillment center, which...
Westlake Financial partners with thin-credit fintech Nova Credit
Westlake Financial has partnered with fintech Nova Credit to assess risk on consumers with little to no credit in the...
Lithia Motors credits record F&I revenue to high demand in Q3
Lithia Motors posted record high finance and insurance (F&I) revenue in the third quarter, credited to pent-up consumer demand. The...
Citizens Bank’s auto outstandings jump 12.1% YoY in Q3
Citizens One Auto posted strong outstandings in the third quarter, supplemented by low net charge-offs and solid credit performance. Citizen’s...
