Tag: Dealer News

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 ...

Elevated new-vehicle inventory and weakened demand are likely to drive about 400 powersport dealerships to close their doors in 2025.  ...

Commercial auto lenders are offering benefits to dealers who use them for floorplan financing as inventory builds and costs rise.   ...

Credit availability improved year over year in January amid elevated average transaction prices.  An increase in the share of subprime ...

Fintech Upgrade is looking to double its auto originations in 2025 after finalizing its first full year of indirect auto ...