SAN DIEGO — Dealers are consolidating the number of lenders they work with and prioritizing lenders who invest in underwriting and lending efficiencies. Ken Garff Automotive...
(Bloomberg) — Some of North America’s largest auto dealers are warning of a possible “material” impact on their finances from a cyberattack that slowed operations at...
Lenders, dealers and aftermarket suppliers face increased regulatory oversight that will require collaboration to streamline processes and remain compliant. Financial and insurance (F&I) products represent approximately...