Jan 22, 2020
November and December saw record-high delinquency rates on subprime auto loans and may signal even more consumers will fall behind on payments in January and February. To compensate, lenders may restrict credit access further for subprime borrowers in 2020, Cox Automotive said.
Jan 20, 2020
Automotive News has hired Dan Shine as editor of Fixed Ops Journal, the magazine that focuses on dealerships' parts, service and collision departments. Shine will also oversee coverage of finance and insurance for Automotive News.