Automotive News

Finance & Insurance

Issues important to finance & insurance executives from the United States

Jun 03, 2020
Marketing efforts for dealership clients include catered social media posts, signage and decals for showrooms to maintain social distancing, and even sponsored donation efforts to local food banks.
Jun 03, 2020
Though no-interest, seven-year car loans remain at near-record levels, the deals started to pull back in May, notes car-shopping site Edmunds.
Jun 01, 2020
Impacted consumers have been identified and will each receive a $225 relief payment, Michigan Attorney General Dana Nessel said Monday. A portion of those consumers will qualify for loan forgiveness.
May 27, 2020
Bronx Honda settled with the Federal Trade Commission and agreed to establish a fair lending program that includes a cap on dealer markup on indirect financing contracts.
May 27, 2020
Many finance-and-insurance training companies are looking to resume dealership visits and reopen classrooms in the coming weeks, though some are holding off.
May 27, 2020
As lenders tighten credit access to mitigate risk from the coronavirus pandemic, dealerships are anecdotally reporting difficulty getting customers approved for auto loans.
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