There might be a lot of callback activity between dealerships and finance companies nowadays since the Dealertrack Credit Availability Index has declined for five months in a row. Cox Automotive reported this week that the index came in at 92.5 ... [Read More]

Oct. 31 will be more than just Halloween for John and Perla Lewis. The Intellaegis founders will be retiring on the last day of October from their respective roles in company management with John Lewis as CEO and Perla Lewis ... [Read More]

Agora Data now has more resources to empower any dealer to operate with the strength of a finance company without altering their current process. On Tuesday, the fintech company announced additional funding capacity from Waterfall Asset Management for up to ... [Read More]

F&I Sentinel on Tuesday announced the arrival of former Cox Automotive executive Michael Stancampiano as vice president of technology. The risk-management solutions provider for F&I products in the automotive finance industry said Stancampiano also held executive roles with Foot Locker ... [Read More]

StoneEagle announced multiple changes to its executive team on Tuesday, with moves involving its chief technology officer, chief customer officer, chief financial officer and chief operating officer. New to the company that’s been in business for 35 years with F&I ... [Read More]

The Federal Reserve’s next opportunity to modify interest rates arrives next Wednesday. Experts see the job market as a primary reason why policymakers might be making their first modification in more than a year. And perhaps at least one member ... [Read More]

Michele Gutierrez was previously part of the team at AutoPayPlus while she was an F&I director in Laredo, Texas. After spending time with General Motors, AutoPayPlus announced on Thursday that Gutierrez now is back with the organization as a regional ... [Read More]

DriveItAway Holdings has formed several partnerships and relationships this year to grow its “micro-lease to purchase” technology. But the partnership announced this week might be having the most impact on DriveItAway CEO John Possumato as the company has partnered with ... [Read More]

Open Lending senior vice president of marketing Kevin Filan made another appearance on the Auto Remarketing Podcast. This time, Filan discussed Open Lending’s newest Consumer Update, which delved into the squeeze near- and non-prime consumers are facing when trying to ... [Read More]

Is vehicle affordability improving for consumers? Or are finance companies not taking on as much risk? To help you decide, consider these metrics from Experian’s State of the Automotive Finance Market Report: Q2 2024 released on Thursday. Experian determined the ... [Read More]