Tag: Dealer News

Floorplan financiers are facing an increase in fraudulent activity alongside an uptick in risky behavior and poor performance by dealerships.  ...

Independent dealer floorplan financing provider NextGear Capital’s salvage and heavy-duty truck businesses have gained steam as floorplan lenders saw growth ...

Auto credit access expanded for consumers in June while new-vehicle prices continued to tick up. The Dealertrack Credit Availability Index, ...

Auto dealers in the United States and Canada have indicated that higher monthly payments, normalization from pre-tariff sales spikes and ...

California auto dealers may soon be able to increase their below-market document processing fee for applications, thus raising vehicle costs ...

Credit access improved in May as consumer demand remained inflated and the pre-tariff vehicle procurement frenzy continued.   The Dealertrack Credit ...

Used-vehicle floorplan financing could gain from tariff-induced tailwinds as dealerships prepare to shrink inventory. Floorplan lender NextGear Capital will benefit ...

The auto industry is benefiting from short-term sales demand driven in part by looming tariffs, but is bracing for the ...