OEM incentives trickle in as dealers feel sales pressure
Dealers are feeling the pressure of lower sales volumes in March as the negative impact of the COVID-19 pandemic slows ...
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Fed urges banks to lend in face of pandemic
The Federal Reserve today — in conjunction with the Office of the Comptroller of the Currency and the Federal Deposit ...
Pandemic spurs online-only auction sales at Manheim
Manheim, the auto finance industry’s hub for dealer auction sales, is shuttering its physical auction lanes through April 3 due ...
The Fed and friends: What central banks did in past 24 hours
The U.S. Federal Reserve began the week early, launching a series of stimulus measures on Sunday evening, and it wasn’t alone as ...
Is the coronavirus remedy digital?
Auto lenders have been steadily beefing up direct lending initiatives, and the new coronavirus might put their efforts to the ...
Investors clamor for the Fed to slash rates to zero
All of Wall Street’s eyes are on Washington again, but only Federal Reserve Chairman Jerome Powell is catching its gaze. ...
US Bank eyes dealer education on leasing in 2020
From left, Nicole Casperson of Auto Finance News, Rick Borg of Costco Auto Program, Gary Fenelli of Frank Motors and ...
Advertising red flags: What to avoid
For marketing to be effective, in addition to reaching your customers, it also must comply with regulatory requirements. The Consumer ...
