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Auto Finance Technology sponsored by InformedIQ

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Tesla Finance lease penetration inches up in 2023 

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Sonic’s EchoPark closures highlight used-retail market woes 

Sonic Automotive’s closure of its Northwest Motorsport dealerships on Jan. 23 not only further shrinks the

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Auto Finance News is pleased to announce that Hyundai Capital America President and Chief Executive Marcelo

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Vroom: Compressed margins, tanking sales foreshadowed downfall

Compressed margins and plummeting sales volumes coupled with a capital-intensive business model, led to the downfall

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Sonic-owned Northwest Motorsport shuts down 

Sonic Automotive-owned, used-car dealer group Northwest Motorsport closed its doors Jan. 23, citing market concerns. The

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Future of auto finance tech: 2023’s revolutionary trends

Last year was a whirlwind in the enterprise tech world, specifically in auto finance, marked by

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UACC to focus on indirect business following Vroom e-comm closure

Despite Vroom winding down its e-commerce used-vehicle sales operations, the retailer’s captive United Auto Credit Corp.

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Credit Union Auto Lending Surges

David Thompson

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