COVID Evolution: Dealers and captives adapt to new era together [Feature]
Charles Darwin said it is “not the strongest that survives; but that the species that survives is the one that ...
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Used-vehicle values set record for third month
Used-vehicle values set a record for the third straight month in August, bringing the Manheim Used Vehicle Value Index to ...
Westlake Financial looks to expand leasing business
Westlake Financial Services is expanding its leasing business with a program launched this week. The full-spectrum lender’s new auto lease ...
Global Lending Services expands digital footprint
Global Lending Services has expanded its digital footprint amid the coronavirus pandemic with a fresh partnership with online retailer CarGurus, ...
Chrysler Capital’s Allgood, Bank of America’s Owens join peers in AFS dialogue
Chrysler Capital leader Shawn Allgood and Tim Owens, consumer vehicle lending executive for Bank of America, complete a roundtable of executives from some ...
Transitioning away from Libor
Libor, the London Interbank Offered Rate at which leading London banks borrowed from each other on a short term, unsecured ...
Subprime credit spreads, murky Q3 outlook: Industry Pulse
Interest rates in the subprime credit tier have surpassed pre-COVID levels and are up more than a point on a ...
Total loss efficiency: 3 ways lenders can achieve faster resolutions
Automotive finance lenders have been feeling the impacts of COVID-19 on day-to-day business operations. Call duration is up. Resources remain ...
