Dealertrack regularly watches what conditions are like for consumers to obtain auto financing; a landscape that’s been tightening in recent months. What about the credit environment for finance companies to get the resources they need to book originations? Especially in the non-prime and subprime spaces? While perhaps an interest rate reprieve is arriving sometime this year, Kyle Birch, who is president of North America operations at GM Financial, described the rough sledding the industry is experiencing ... [Read More]

Point Predictive’s Frank McKenna returned for another episode of the Auto Remarketing Podcast for a discussion about what’s happening on the fraud front. McKenna recapped his keynote appearance at this year’s Non-Prime Auto Financing Conference hosted by the NAF Association ... [Read More]

While members of the Federal Reserve spoke publicly this week about movements associated with inflation and data that’s indicating them, ADESA chief economist Tom Kontos was a little more hesitant when giving his assessment about inflation to Cherokee Media Group. ... [Read More]

The American Recovery Association board sent an industry message this week, reacting to the Supreme Court’s 6-3 decision overturning what’s been widely known in legal circles as the Chevron Doctrine. ARA first gave a brief explanation of what the Chevron ... [Read More]

Safe-Guard Products International announced this week that it has closed on a majority investment from Hellman & Friedman, one of the world’s largest private equity firms. Specific financial details were not included in a news release from the provider of ... [Read More]

F&I Sentinel finalized a partnership with defi SOLUTIONS on Tuesday in a move designed to increase efficiency and accuracy through automation, while improving F&I product compliance for auto finance companies, dealers and product providers. Through the partnership, defi XLOS and ... [Read More]

Hudson Cook partner Eric Johnson made a clever quip on LinkedIn late last week. “So, Friday is typically a slow news day? Think again,” Johnson wrote in this post because the U.S. Court of Appeals for the Fifth Circuit closed ... [Read More]

Line\5 announced a new integration with MenuMetric last week in a move the service providers said can generate a seamless and efficient experience for both dealerships and their customers. This strategic partnership aims to enhance the efficiency of F&I product ... [Read More]

First, Edmunds highlighted how much negative equity and lengthening terms surfaced within auto financing booked during the second quarter. Then, Cox Automotive pointed out how difficult it might have been to get approved for auto financing at all last month. ... [Read More]

Open Lending Corp. is looking to help consumers land both auto financing and car insurance. The provider of risk analytics solutions for financial institutions announced on Wednesday a partnership with Securian Financial Group in a move designed to enable Open ... [Read More]