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Newsby Tariq KamalDecember 5, 2019

Regulators Appear to Endorse Alternative Credit Scoring

A joint statement from the nation’s biggest banking regulators expressed cautious optimism toward emerging decisioning models that could generate more auto loans.

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Newsby Tariq KamalDecember 4, 2019

November Sales Report Pushes 2019 Total Closer to 17M

All but a few Asian and highline factories reported double-digit gains in U.S. sales last month, priming the industry for a big December and a fifth straight 17 million-unit year.

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Newsby StaffDecember 3, 2019

Discounts, Incentives Stabilize New Vehicle Prices in November

Kelley Blue Book reports the average cost to buy a new vehicle was $38,393 last month, a 1% year-over-year increase restrained by frantic efforts to move 2019-MY inventory.

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Newsby StaffNovember 26, 2019

Frontier Leads Early Wave of Lease Price Drops

The latest report from Wantalease.com finds several factories already offering lease discounts ahead of the usual year-end rush.

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Newsby StaffNovember 26, 2019

UDS Acquires Dealer Marketing Link

UDS announced the acquisition of Dealer Marketing Link, a Pennsylvania F&I services provider.

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ArticlesNovember 26, 2019

Give Your Dealers a Reinsurance Checkup

Do you want to enhance your agency’s value proposition? Utilize this eight-point checklist that covers the challenges, opportunities, profits, and losses that come with every dealer participation program.

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Articlesby Robert WilsonNovember 26, 2019

The $2.5 Million Dollar Hard Pull

Dealers are increasingly relying on ‘soft pull’ credit checks to initiate the vehicle financing process, but two recent cases prove the technology can bring unintended legal exposure.

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Newsby StaffNovember 25, 2019

Report: Spike in Wholesale Volume Hurts Pre-Owned Values

Prices for used vehicles declined 4.2% in the first 10 months of 2019 while volume increased 5.2%, J.D. Power analysts say, a trend that has begun to affect the commercial market.

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Newsby Tariq KamalNovember 21, 2019

GM Accuses FCA of Bribery, Corruption in RICO Suit

General Motors has sued Fiat Chrysler in federal court, alleging FCA bribed United Auto Workers officials to secure concessions that included an undue share of lower-wage workers.

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Newsby StaffNovember 20, 2019

RepairPal Shops to Perform DOWC Service Contract Repairs

A new partnership connects Dealer Owned Warranty Company service contract holders with RepairPal’s network of 2,500 certified repair shops.

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