Joe catches up with NextGear Capital's Randy Dohse at Used Car Week to talk about the B2B applications of fintech in automotive floorplan finance, how macro-economic trends impact the space, opportunities for growth at NextGear and more. The podcast discussion can ... [Read More]

Margin compression is here for the long haul. In 2019 and beyond, dealers will continue to face flattening new-vehicle sales and a growing affordability issue fueled in part by rising interest rates. What’s more, the Q3 2018 Cox Automotive Dealer ... [Read More]

According to an international IBM study, about three-fifths of auto executives think blockchain will disrupt the car business by 2021, but the findings of the study also show that the industry might not yet be prepared. Still, next year could show ... [Read More]

If Benjamin Franklin worked in auto finance today, he might amend his famous quote about nothing being certain except death and taxes to include “and compliance.” Creditors and auto lenders must adhere to a dizzying array of federal and state ... [Read More]

BMO Harris Bank announced this week that it is partnering with AutoGravity in an effort to streamline and simplify the vehicle-buying and financing process for consumers nationwide. AutoGravity can connect potential buyers with finance companies and dealerships to provide consumers ... [Read More]

Sagent Lending Technologies recently announced the appointment of Robert Johnson to the executive leadership team as VP and chief sales officer with the responsibility to lead sales and account management for the full suite of Sagent auto finance solutions. Johnson ... [Read More]

The list of companies that have joined Mobility Open Blockchain Initiative (MOBI) — a global consortium of industry leading automakers, technology-based startups and other mobility players — grew again on Wednesday. F&I solutions provider RouteOne is now part of MOBI, ... [Read More]

Thanks to some zero-percent finance deals around the Thanksgiving holiday, the annual percentage rate on new-car financing decreased a bit from October to November, according to Edmunds. But the new-car APR is up more than a percentage point from November ... [Read More]

SHIFTMobility is looking to leverage blockchain technology to bring together everything that’s happened to a vehicle into a single solution. With that goal in mind, the provider of blockchain powered connected shop solutions recently released a tool called Vehicle Passport. ... [Read More]

Mingled within rounds of Thanksgiving feasts, consumers likely will be purchasing an array of items, confidently leveraging discounts from a variety of retailers. But when it comes to buying a vehicle during the holiday weekend, Capital One Auto Finance found ... [Read More]