Risk Management
GemCap extends $7.5 million floorplan facility to FlexPath Capital
GemCap, a non-bank lender that provides senior-secured, commercial asset-based loans across multiple industries, has provided a $7.5 million floorplan facility...
US consumer prices surged in June, topping all estimates
Prices paid by U.S. consumers surged in June by the most since 2008, topping all forecasts and showing higher costs...
Weekly Wrap: Santander Consumer’s potential acquisition and used vehicle values
Last week, used-car values began to cool after meteoric rises over the past five months set new records for the...
Honda cracks down: No more returning leased cars to others’ lots
Honda Motor Co. has a rude surprise for drivers of its leased cars: No more turning in your vehicles to...
June brings depreciation in used-vehicle values
After five months of consecutive increases, used-vehicle values have started to stabilize following an influx of trade-ins and slowing sales....
Jeep maker will plow $36 billion Into electrifying lineup
Stellantis NV plans to spend more than 30 billion euros ($36 billion) on an electrification and software strategy that will...
July 4 weekend brings fewer deals as incentive spend declines
This year’s Independence Day weekend was marked by a noticeable pullback in incentives and emptier-than-usual dealership lots. Incentive spend industrywide...
Weekly Wrap: Exeter acquisition and revised June SAAR
Last week, subprime lender Exeter Finance announced it will be acquired by yearend 2021 by private equity firm Warburg Pincus...
