Tag: auto finance
How far should you go to get a deal approved?
It’s a busy Saturday at your dealership and the sales desk sends a deal to you for your opinion on which bank will buy...
What a rise in EV sales means for F&I long-term
The rise of the EV or electric vehicle has made an almost immediate impact on the automotive industry and on dealerships. They are sold...
CARS acquires CreditIQ Automotive Fintech Platform, enabling instant financing for consumers,...
Transaction Highlights:
Advances CARS’ growth strategy and expands TAM into the multi-billion dollar Auto Finance segment, which is rapidly growing as online car buying...
How the new FTC rules will affect car dealers
On Wednesday, the Federal Trade Commission (FTC) announced it had voted to implement an update to the so-called “Safeguards Rule.” The FTC’s release noted...
Sonic Automotive increases minimum hourly wage to $15
CHARLOTTE, N.C., August 19, 2021 – Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE:SAH), a Fortune 500 Company and one of the nation’s largest automotive retailers, today...
J.D. Power acquires leading automotive finance & insurance software provider Superior...
TROY, M.I., July 7, 2021-- J.D. Power, a global leader in data analytics and consumer intelligence, today announced it has acquired Superior Integrated Solutions,...
Attempted auto loan fraud skyrockets through 2020
Insecurity and joblessness during the initial months of the COVID-19 pandemic are being blamed for a drastic increase in auto loan fraud activity. According...
OfferLogix is leading the way in lease and loan payment advertising...
Digital Retailing is changing the way car buyers envision the car-buying process. As digital retailing becomes more popular with consumers, it will be crucial...
How to bridge the gap between your digital retailing platform and...
Digital retailing is no longer an added incentive for dealers. It has become the expectation of automotive consumers. Today on CBT News, Aaron Bickart...
How the acceleration of digital retailing will affect the auto industry...
Today on CBT News, anchor Jim Fitzpatrick is joined by Pete MacInnis, Founder and CEO of eLEND Solutions. His company offers automotive finance solutions...