Tag: Dealer News

US retail sales declined in January, restrained by weakness at auto dealers as winter weather-related disruptions tempered some activity. The ...

New identification restrictions for vehicle registrations in Texas took effect March 5 amid continued concerns from dealers and lenders.  Tighter residency requirements for vehicle registrations are ...

Gaps in data verification likely contributed to missed double-pledging of assets at Tricolor Auto, prompting changes at rating agencies, Larry Chiavaro, president at his consulting company LC Advisors Group, told Auto Finance News during ...

New York’s adoption of the 2022 Uniform Commercial Code amendments could increase burdens on smaller dealers and lenders to ensure that documentation meets new requirements.  The changes, which New York passed ...

Vehicle sales are expected to slow in 2026 after mixed results in December and full-year 2025 as affordability challenges continued to keep some consumers out ...

Englewood Cliffs, N.J.-based Trinity Auto filed for Chapter 11 bankruptcy Jan. 2 due to a lack of funding, rising costs and reduced consumer demand.  Trinity Auto, which does business ...

As we entered 2025, I wrote in the Auto Finance News January 2025 edition of Off the Lot that I believed the “roaring ’20s” were still intact. However, ...

Tricolor Holdings’ outstanding tax debts, estimated at $4 million, may be paid by backup servicer Vervent with Tricolor funds. The ...