New Fair CEO zeroes in on profitability
SoftBank-backed car subscription service Fair is concentrating on profitability, according to Fair’s new Chief Executive Bradley Stewart. Instead of focusing ...
Tag: Premium
May new-vehicle sales struggle but show signs of rebound
Retail new-vehicle sales in May are projected to fall 21% compared with the same prior-year period, dropping to 1.08 million ...
Weekly Wrap: Navigating the road less traveled [Video]
This week, Santander Consumer USA announced a $550 million settlement with 33 states and the District of Columbia for allegations ...
Santander injects $480M into ABS market
Santander Consumer USA is bringing $480.8 million of subprime auto loans to the asset-backed securitization market in a deal expected ...
Consumer financial hardship soars in April
The number of consumers considered to be in “financial hardship,” or 30 days past due on their auto loans, spiked ...
Bubbling Up: The rise of fraud in the COVID-19 economy [Feature]
Instances of detectable auto fraud and cybersecurity breaches are likely to bubble up amid declining vehicle sales as the COVID-19 ...
SCUSA settles predatory lending suit dating back a decade
Santander Consumer USA has settled a lawsuit leveled by 33 states and the District of Columbia alleging that the subprime ...
Rodo expands digital footprint to retail financing
Car-leasing platform Rodo will now offer consumers the opportunity to purchase new vehicles, Chief Executive Nathan Hecht told Auto Finance ...
