On Wednesday, NextGear Capital announced a trio of senior leadership position appointments; strategic moves officials said were made to position the company to take on more of a focused approach toward its customer service model as it continues to grow. ... [Read More]

It's clear by now that new-car dealers are not just responsible for facilitating the complex transactions of vehicle sales to the American public, but also for complying with numerous federal and state regulations on a daily basis. And to assist ... [Read More]

Vehicle service contract and related F&I product provider GWC Warranty recently formed a strategic alliance with FlexPath Capital, an independent finance company specializing in servicing customers with non-prime credit in the Southeast and Northeast.  The company highlighted the strategic alliance ... [Read More]

Led by a chief executive officer on the job less than three months, Ally Financial appears to have shown the world that its foundation is clearly in the Motor City. Ally, in a joint announcement on Tuesday with Bedrock Real ... [Read More]

Larry Dixon, senior manager of market intelligence at NADA Used Car Guide, dissected the possible storm cloud building that could rain on the auto finance parade that’s been marching nicely for more than four years now. While outstanding auto receivables ... [Read More]

Not long after small bank and credit union executives went to Capitol Hill to describe the rule-following load placed on them by the Consumer Financial Protection Bureau among other federal regulators, Sen. Mike Crapo introduced legislation he said would ensure ... [Read More]

A former examiner with the Federal Reserve Bank of Atlanta now on staff at Equifax will host a compliance webinar aimed at helping finance companies and dealerships handle the impact of the Consumer Financial Protection Bureau. Cris Larche, senior director ... [Read More]

Ally Financial launched a new ad campaign on Monday that the finance company highlighted is meant to illustrate the “human side” of the business by showcasing the passion Ally employees and dealers have for the industry. The new campaign, titled “Driven ... [Read More]

The Federal Trade Commission referenced back to a practice this week that regularly upsets the agency, especially in the dealership arena when it comes to vehicle pricing and financing possibilities. It’s the concept of the bait and switch. When asked ... [Read More]

Manheim chief economist Tom Webb explained any potential impact the latest moves by the Federal Reserve might have on auto financing as part of his March Auto Industry Brief. First, Webb recapped that the Fed dropped the word “patient” earlier ... [Read More]