Top auto finance stories in 2020: Impacts of a pandemic
The COVID-19 pandemic has been the prevailing issue affecting all auto lenders’ decisions and performance in 2020, halting manufacturing production ...
Tag: Ally
Ally exec: Pandemic fuels service contract revenue growth
Consumers are favoring service contracts more than ancillary products in the F&I office as they look to keep their cars ...
5 keys to auto finance success in 2021
There’s no doubt that 2020 has been a turbulent year for the auto finance industry. With eight months of the ...
Lenders eye 2021 expansion with new hires
The auto finance sector is on track for growth in 2021, if job listings are any indication. In fact, Auto ...
5 ways to gamify auto finance engagement
When Nintendo launched the latest iteration of its Animal Crossing video game back in March, it sold a record 5 ...
Carvana ratchets up finance GPU
Online retailer Carvana boosted its finance gross profit per unit (GPU) in the third quarter amid growing originations, largely due ...
Ally Financial plans long-term work from home for collections team
Ally Financial has set in motion a long-term work-from-home plan for some of its collections team on the heels of ...
Uncertain Times Create Opportunity: Strategies to help dealers boost F&I revenue
Which products are selling post-crisis and why? Collaborating with dealer-partners on sales practices Practical tips for better back-office operations and ...
