Along with an inkling about what its auto lending prospects might be, initial findings from the 2015 Growth Strategy Survey orchestrated by Bank Director showed the traditional banking industry may find itself unable to attract what orchestrators called a “decidedly ... [Read More]

Unlike a college student scrambling to submit an assignment on time, there doesn’t appear to be much turbulence in the auto finance space since the larger participant rule from the Consumer Financial Protection Bureau went into practice on Monday. Previously, ... [Read More]

Experian Automotive noticed captive finance companies increased their appetite for risk a bit during the second quarter. According to the latest State of the Automotive Finance Market report, the year-over-year change for captives in the highest risk segment — buyers ... [Read More]

For stores looking to diversify their offering or potentially expand or revamp their facilities, Blue Bridge Financial, a direct lender and national provider of small business financing, joined with the National Independent Automobile Dealers Association as NIADA's latest National Member ... [Read More]

American Auto Guardian — a provider in developing, marketing and administering vehicle service contracts and other automotive aftermarket products — rolled out its newly developed mobile application to its agents during the company’s product launch earlier this month. Company officials ... [Read More]

With the proliferation of tablets and other technology that make consumers' lives easier, digitizing the F&I process can have lasting, positive impacts on customer satisfaction for dealerships, according to a new study from MakeMyDeal and F&I Express. Titled, "The Digital ... [Read More]

SubPrime Forum exhibitor BillingTree recently completed its examination in conformity with Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at a Service Organization for the period from May 1 of last year through April 20 of ... [Read More]

GrooveCar Direct is expanding again through a pair of new partnerships to bolster its vehicle-buying resource for the nation’s credit union industry. Coming aboard the platform are Service 1st Credit Union of Tampa, Fla., as well as Long Island Realtors ... [Read More]

The gap between averages associated with new-vehicle installment contracts and used-vehicle deals continues to widen, while the total amount financed as well as stretching terms are on the rise, too. The industry reached a point on Thursday where Experian Automotive ... [Read More]

Black Book is projecting that vehicle depreciation will be relatively stable in 2015 — coming in between 14.0 percent and 14.5 percent by the end of year. As a result, Fitch Ratings believes the depreciation movement will result in only ... [Read More]