Following up from its recent Executive Lending Roundtable, Open Lending announced the launch of what the provider of contract analytics, risk-based pricing, risk modeling and default insurance called the Open Lending Economic Vehicle Accessibility Awards (EVAAs). The company said this ... [Read More]

The Dealertrack Credit Availability Index for September showed some slight improvement, as Cox Automotive reported on Tuesday that credit access was made more accessible. But compared to this time last year or before the pandemic, it’s still a challenge in ... [Read More]

Last week, StoneEagle announced the transition of its chief technology officer, as Gary Peek will take on the role from Chris Tynes, who has been with the provider of F&I and service metrics reporting, menu sales tools, an F&I product ... [Read More]

Dealer eProcess said that understanding how to leverage credit prequalification is crucial for maximizing your dealership’s success. So the comprehensive website and digital marketing solution recruited CreditMiner vice president of strategic partnerships Ken Luna to host an education webinar about ... [Read More]

Last week, the Federal Trade Commission joined the Consumer Financial Protection Bureau in filing an amicus brief in the U.S. Court of Appeals for the Second Circuit. The agencies urging reversal of a district court decision that said they say ... [Read More]

The American Recovery Association is deep into its planning for the 2024 North American Repossessors Summit, which is scheduled for April 11-12 in Orlando, Fla. Through Halloween, ARA is accepting nominations for nine awards that will be given during NARS. ... [Read More]

This week, Lucas Oil announced a new partnership with Dealer Advantage Group to offer two new exclusive Lucas Oil-branded F&I programs to dealerships. The company highlighted Lucas Oil Paint & Interior Program and Lucas Oil Engine for Life Program, available ... [Read More]

As the company hosted its Executive Lending Roundtable last week in Austin, Texas, Open Lending chief revenue officer Matt Roe took some time to have a conversation for this episode of the Auto Remarketing Podcast. Roe recapped two of the ... [Read More]

Edmunds combed through its third-quarter vehicle transaction data and discovered the average annual percentage rate (APR) for both new and used vehicles financed during Q3 continued to climb. And analysts spotted a new record for average down payments for used ... [Read More]

Experts shared not-so-rosy viewpoints about credit conditions, sales expectations and more, as the industry began the fourth quarter. S&P Global Ratings said through a report released last week that credit conditions for borrowers in North America are set to slowly ... [Read More]