Coronavirus and the global auto market: Fragile recovery begins [Feature]
The coronavirus spurred one of the worst periods for vehicle sales in markets across the globe. When the COVID-19 virus ...
Tag: Sales & Marketing
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 ...
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 ...
Subprime Rising: How lenders are trying to dig out from the pandemic recession [Feature]
In late February, the financial department at Westlake Financial Services noticed something interesting: A few key words kept resurfacing during ...
Ally Financial net charge-offs expected to double by year end
Ally Financial forecasts its retail auto net charge-offs (NCO) to be between 1.8% and 2.1% of its portfolio by the ...
July Beige Book: Tightened inventory to deter sales growth
A squeeze in vehicle inventories could affect budding car sales across the U.S. following pandemic-spurred shutdowns, the Federal Reserve System ...
Europe’s car-sales slump slowly eases with 24% drop for june
Europe’s car industry extended a tentative recovery for a second straight month, leaving manufacturers and dealers hoping state subsidies will ...
NMAC CEO: No matter the crisis, consistency is key [Spotlight]
Three months into the spread of the global coronavirus pandemic, the auto industry has seen record changes across the board: ...
