Automotive News

Finance & Insurance

Issues important to finance & insurance executives from the United States

Dec 19, 2021
The auto-retail investment company expanded its dealership investments in 2021. Last year, it announced it had partnered with Bain Capital Credit. Now it's using that funding to work with franchisees and help them grow.
Dec 17, 2021
Asbury Automotive formally expands into several new western states and picks up an estimated $5.7 billion in annualized revenue with the deal.
Dec 15, 2021
Amid reduced consumer demand, the banking industry relaxed lending standards for auto loans slightly during the third quarter, according to a Federal Reserve survey.
Dec 15, 2021
The first half of the year should see increased demand from below-prime customers compared with 2021, according to Satyan Merchant, TransUnion senior vice president of auto financial services.
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