Peugeot maker PSA sticks to outlook despite virus drag
PSA Group held on to its financial outlook after generating a profit during the first half of the year, suggesting ...
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Interest rates remain low as vehicle sales recover
The average annual percentage rate (APR) for new vehicles continues to decline and vehicle sales are expected to improve in July despite pandemic-spurred setbacks that started in mid-March, according to TrueCar ...
AFRS webinar series presents Todd Wolf on July 29
In 2019, there was a reported $7 billion worth of fraudulent transactions in the auto finance industry. Desperation spurred by ...
Capital One Auto boosts bank’s Q2 performance
Capital One’s auto division propped up the bank’s overall second-quarter performance, Chief Executive Richard Fairbank said on the company’s earnings call yesterday. “While the ...
Pulse of the Industry: Captives command over 50% of new-vehicle financing
Captive finance companies are eating up market share for new-vehicle financing as a result of aggressive 0% APR financing incentive ...
Q2 powersports sales strong despite low inventory
The coronavirus pandemic spurred powersports sales in the second quarter, but inventory woes continue to plague the industry. Many powersport vehicle dealers saw ...
Coronavirus and the global auto market: Fragile recovery begins [Feature]
The coronavirus spurred one of the worst periods for vehicle sales in markets across the globe. When the COVID-19 virus ...
How COVID drives captive share of new-vehicle financing with JD Power’s Mike Buckingham
In this episode of the Industry Pulse, Mike Buckingham, managing director of PIN auto finance at JD Power, discusses the ...
