Pulse of the Industry: Captives command over 50% of new-vehicle financing
Captive finance companies are eating up market share for new-vehicle financing as a result of aggressive 0% APR financing incentive ...
Captive finance companies are eating up market share for new-vehicle financing as a result of aggressive 0% APR financing incentive ...
Online used–vehicle retailer RumbleOn is feeling the effects of the coronavirus pandemic. The company, which sells both automotive and powersports vehicles, lost $81 million in revenue year over ...
This week, OEMs’ monthly sales figured pointed toward promising signs of recovery in the new-vehicle market, with American Honda, Mazda ...
Automotive retailers Asbury Automotive and Group 1 Automotive are increasing cash reserves as vehicle sales drop amid the coronavirus pandemic, ...
Automakers are headed for a less-drastic U.S. sales collapse than feared, according to market researchers. Retail sales to consumers are ...
AutoNation Inc. granted Chief Executive Officer Cheryl Miller a leave of absence for health reasons and said its long-time former ...
Manheim, the auto finance industry’s hub for dealer auction sales, is shuttering its physical auction lanes through April 3 due ...
Auto lenders are using a new, digital, wholesale sales platform to liquidate their off-lease inventory and repossessions, Bruce Thompson, chief ...