CU Direct streamlines auto lending with new tech
CU Direct, a software technology developer, has beefed up technology to streamline auto lending. The integration of VinSolutions’ customer relationship management (CRM) system with ...
Tag: Cox Automotive
Mid-July used values pacing for second-straight record month
Wholesale used-vehicle values have continued to outpace past reporting periods, evidenced by a spike to 155.9 in Manheim’s mid-July used-vehicle ...
Repo agencies unprepared for fall auto default surge
Auto repossessions are expected to surge above pre-pandemic levels as lender deferral programs begin to peter out in the coming ...
Ford incentive program allows vehicle returns
Ford Motor Co. this week announced a new incentive program to boost sales and provide peace of mind to potential ...
The road to recovery: COVID-19’s residual impact [Feature]
Editors’ note: This feature first appeared in the June issue of Auto Finance News, available now. Ten weeks after the ...
Vroom and Carvana: A tale of two IPOs
Timing is everything. Vroom priced an initial public offering this week, and shares shot up 118% to $47.90 each in ...
Independent dealer sentiment lags behind franchise optimism
While the automotive market is still tracking behind all prior-year sales metrics, franchise dealer sentiment is optimistic about the coming ...
May vehicle sales climb with reopening, but riots threaten growth
U.S. automotive sales in May showed signs of bouncing back from the COVID-19 pandemic, with the seasonally adjusted annual rate ...
