Coronavirus, election uncertainty to impact new vehicle sales
New-vehicle sales are expected to clock in at 1,373,516 units for February, up 0.2% year...
Nicholas Financial acquires $19M of Platinum Auto Finance’s active portfolio
Subprime lender Nicholas Financial is acquiring $19 million of Clearwater, Fla.-based Platinum Auto Finance’s active...
Moody’s: I-Banks spend $72B annually to fend off fintechs
Global investment banks are making major digital investments to keep pace with fintechs, Moody’s Investors...
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...
Ally tees up subscription warranty program
LAS VEGAS — As auto dealers experience increases in finance and insurance revenues, Ally Insurance...
Bank of America, Gateway Financial, HCA, TFS address consumer affordability concerns
LAS VEGAS — An anticipated slowdown in sales and an increase in the average transaction...
AutoNation yearend F&I revenue hits $1B
AutoNation ramped up its finance and insurance revenue last year, increasing 4.3% to $1.02 billion...
