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Some captives charging dealers for failing to process loans digitally
Hyundai Capital America is charging dealers fees for paper contracts to get them to switch to e-contracting, and GM Financial...
Rates continue to pressure refinance savings
High interest rates are leading to lower savings for consumers when they refinance their vehicle, but consumer interest remains mixed...
Wells Fargo Commercial Auto pilots dealer floorplan platform enhancements
Wells Fargo Commercial Auto is looking to deploy new enhancements to its dealer floorplan platform as many automotive dealers try...
On the Road Lending to join charity luncheon at AFS East 2024
Participants in the Auto Finance Summit East event are invited to an exclusive networking and charity luncheon highlighting the importance...
Honda to sell plug-in hydrogen vehicle in North America, Japan
Honda Motor Co. will introduce a hydrogen fuel cell vehicle that can also be recharged, becoming the first Japanese automaker...
Leverage Generative AI: Reducing Delinquencies in Subprime Auto Loans
⏯️ Play the Audio Demo Delinquency rates have risen to historic highs, with 6.11% of subprime borrowers failing to meet...
EV Life expands into used-EV financing
Electric vehicle fintech EV Life has launched used-EV financing as an influx of used EVs hits the market and demand...
Under the Hood: Lenders seek to expand sales, IT, collections teams
Collection and IT executives are still high on lenders’ hiring lists, but sales and origination staff are also in increasingly...
