For the second time this month, Dealer Owned Warranty Co. (DOWC) enhanced its menu of F&I products. Coming on the heels of introducing NitroShield, a complete tire and wheel protection product, DOWC on Friday rolled out new 360Shield protection solutions ... [Read More]

Since the widespread containment efforts caused by COVID-19, dealerships have been among the hardest-hit industries. Much of this is as a result of dealerships either being forced to close, limited to online sales, or if they’re still open the virus ... [Read More]

S&P Global Ratings is keeping an even closer watch on subprime auto financing with the coronavirus pandemic still paralyzing the economy. This week, the firm placed its ratings on 33 classes of U.S. subprime auto ABS ratings across 26 transactions ... [Read More]

PossibleNOW made a pair of moves that could help collections departments be more successful with the call efforts. The provider of direct marketing compliance, enterprise consent and preference management solutions, announced a partnership with Numeracle, a developer within call blocking ... [Read More]

Portfolio highlighted buyers who are financing their purchase nowadays are acquiring more than just GAP protection or vehicle service contracts from the F&I office. According to internal data from the national provider and administrator of F&I products and dealer participation ... [Read More]

Equifax shared its latest look at auto-finance delinquency based on data available through April 28. While experts said their overall delinquency reading is “not as high as we were anticipating it could be,” Equifax did find younger customers are navigating ... [Read More]

Finance companies are rolling record amounts of negative equity into the new-vehicle paper they’re originating nowadays. While providers might be prudent as to how deep down the credit spectrum the most generous new-model offers are extended, Edmunds reported on Tuesday ... [Read More]

With some business segments slowly emerging from coronavirus pandemic shutdowns, Darwin Automotive announced major enhancements to its free COVID-19 support package to help auto dealers succeed in current market conditions. According to a news release distributed on Monday, the free ... [Read More]

The newest vehicle service contract product from AUL Corp., is designed to address the increasingly complex technology systems found in today’s vehicles, components that can cost thousands of dollars to repair or replace. AUL’s senior vice president of product development ... [Read More]

Typically, the most attractive new-vehicle financing terms and rates from captives only are granted to consumers who reside in the highest credit tiers. With more than 30 million workers now unemployed and trillions of dollars in federal assistance being pushed ... [Read More]