Tag: Dealer News

The third quarter is so far a tale of declining floorplan business and a robust growth in consumer auto sales. ...

Ally Financial again posted a 15-year quarterly record for auto originations in the third quarter, driven by high used-vehicle values ...

This week brought a closer look at third-quarter earnings at some of the largest banks, painting a picture of how ...

Bank of America is the latest auto lender to report decreased floorplan balances as constrained inventory continues to plague the ...

Truist’s dealer floorplan portfolio declined $1.1 billion sequentially in the third quarter as inventory shortages continue to hit dealer lots ...

Finance and insurance (F&I) product sales have jumped nearly 10% from a year ago, driven by an increase in digital ...

New-vehicle supply has yet to rebound to levels seen before the COVID-19 pandemic halted production for months, forcing automakers, dealers ...

Following a year of renewed demand for powersports products, ThunderRoad Financial plans to expand into much of the United States ...