Tag: Dealer News

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 ...

Floorplan financing provider NextGear Capital is expanding its flex pricing program to include vehicles beyond those purchased at Manheim auctions ...

Credit access improved in November across all lender types amid improved yield spreads and increased approval rates.  The DealerTrack Credit ...