‘Data is the fuel’: What dealers, lenders should know as customers use AI search for deals
Dealers might want to regularly update their online inventory listings and engage with more reviews to show up in AI ...
Dealers might want to regularly update their online inventory listings and engage with more reviews to show up in AI ...
The Secured Overnight Financing Rate held relatively steady from late July through late August, offering some predictability for auto asset-backed securitization issuers. SOFR daily rates, published every business ...
Vroom’s data-driven credit engine and scoring enhancements are expected to improve credit performance in future securitizations. The weighted average FICO ...
E-Garage has been named the authorized nationwide service provider for electric-bike manufacturer Lyric Cycles as E-Garage parent Volara Motorsports Group ...
Santander Consumer USA’s $2 million-plus lawsuit against dealership Crown Dodge is the latest example of increased scrutiny on lenders’ dealer ...
Jolt Credit Union is looking to leasing to boost portfolio growth after a slowdown in auto finance volume this year. Saginaw, Michigan-based Jolt signed on with lease ...
Carvana and Consumer Portfolio Services have announced new pricing structures for debts on their books, with Carvana saying it will save millions in annual interest expenses. Tempe, Ariz.-based national car retailer Carvana on Aug. ...
Auto industry leaders are balancing two affordability considerations when structuring auto loans: keeping monthly payments manageable and leaving room for ...