Embracing 2021: Dealers speak out
Auto dealers are embracing this year with cautious optimism amid vaccines, open showrooms and improving inventory levels. In spring 2020, ...
Tag: auto dealers
Dealer woes spur negative floorplan ABS outlook
Dealers may not have the financial stability to repay floorplan credit lines as the COVID-19 economic crisis collapse vehicle sales ...
Ally Financial offers relief as pandemic impact worsens
Ally Financial, one of the largest banks in auto lending with an $80 billion portfolio, has announced its support for ...
TFS expands service with new dealer hubs
Toyota Financial Services is creating three “giant” dealer service centers across the U.S. as the captive aims to support its dealer ...
Fintech AutoFi broadens focus to in-store transactions
AutoFi is looking to expand its purchase experience to facilitate more in-person transactions and to be more configurable across different franchise dealerships, Chief ...
Ally tees up subscription warranty program
LAS VEGAS — As auto dealers experience increases in finance and insurance revenues, Ally Insurance is bullish on the expansion ...
GM Financial doubles down on digital marketing
GM Financial is raising awareness for its dealer-focused digital marketing campaign — called Secret Sauce — through a guerrilla marketing ...
Cash back incentives spur test drives, vehicle sales
Auto dealers are leveraging digital, cash-back incentives to encourage buyers to visit the dealership for test drives in an effort ...
