Volkswagen’s signature zero-down lease program is conspicuously absent from the factory’s list of end-of-year promotions available to U.S. dealers. +
Regulators allege General Motors tracked millions of drivers, then sold their behavior and location data to insurers. The factory must now train dealers on consent. +
As longer terms become the default answer to affordability, agents who help dealers manage the risk can turn a payment problem into a profit advantage. +
In a move likely to draw the ire of President Trump, inflation concerns compelled the Federal Reserve to hold its target rate at 3.75% to 4% following September’s quarter-point hike — and two members voted to raise it again. +
Intellicheck has partnered with Agility Credit to add AI-powered verification before a credit file is pulled and help dealership workers detect identity-related fraud. +
FlexPath DXP’s inaugural Automotive Shopper Credit & Payment Behavior Study proves shop-by-payment tools are not just for credit-challenged car buyers. +
KBB reports the average transaction price for a new vehicle increased for the fourth straight month in September, falling $52 short of the all-time record. +
Nearly one-third of leaders in the retail, insurance, repair and product and provider segments cite the lack of a trusted partner as a barrier to new revenue. +
Penske Automotive Group has entered into a definitive merger agreement to be taken private by its two largest shareholders, Penske Corp. and Mitsui & Co., which will own 64% and 36% of the company, respectively. +
The Dealertrack Credit Availability Index climbed to 107.1 in September as all six components — including subprime share — contributed to the gain. +
