DriveTime’s used sales volume jumps 11% YoY through April
Retailers’ used-vehicle sales increased through April as affordability pressures led consumers to buy older, less expensive vehicles. Tempe Ariz.-based DriveTime’s ...
Tag: DriveTime
Podcast: Auto lenders, dealers look to tax season for boost
Auto dealers are expecting a strong tax season to spur a sales jolt early this year, but lenders and dealers are split on their full-year outlook amid rising vehicle prices and macroeconomic challenges facing consumers. Other factors that market participants are monitoring include how fluctuating interest rates and unemployment will affect consumer ...
5 questions with … CEO Mary Leigh Phillips of DriveTime, Bridgecrest
Retailer DriveTime’s New Year’s resolution is double-digit growth across its family of companies under the stewardship of Mary Leigh Phillips, ...
Auto companies battle AI bots, competition in hiring
Automotive companies are keeping an eye on how AI is changing the job application and hiring processes. Used-car retailer ...
Under the Hood: DriveTime unlikely to absorb faltering Carvana
In the subprime auto industry’s infancy back in 1992, Arizona businessman Ernest Garcia II formed Ugly Duckling from two car ...
Call center volume spikes at Axis Auto
Axis Auto Finance saw a spike in its call center volume after the start of the pandemic, prompting the subprime ...
Can auto ABS weather the pandemic?
In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto ...
The all-star of Ally Financial: Doug Timmerman, Auto Finance Executive of the Year
Auto Finance News' inaugural Executive of the Year 2019 Earlier this year, Ally Financial’s illuminated purple logos and iridescent lights ...
