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Low rates will continue to help auto sales, financing in 2015, experts say

Low rates will continue to help auto sales, financing in 2015, experts say, from Automotive News. NEW YORK — Interest rates should remain low for the rest of 2015, helping auto dealerships sell vehicles, experts say. “Very low interest rates
Apr 24, 2015

Lenders’ outcry against CFPB ‘narratives’ is justified

Lenders’ outcry against CFPB ‘narratives’ is justified, from Automotive News. It’s no wonder auto lenders cried foul last month when the Consumer Financial Protection Bureau announced its plan to begin posting consumers’ first-p
Apr 24, 2015

TrueCar to power new Safeco Insurance auto-buying program

TrueCar to power new Safeco Insurance auto-buying program, from PR Newswire. SANTA MONICA, Calif., April 8, 2015 /PRNewswire/ — TrueCar, Inc. (NASDAQ: TRUE), the negotiation-free car buying and selling mobile marketplace, has partnered with
Apr 17, 2015

A-MAX Auto Insurance Announces MAXRespect Initiative®

A-MAX Auto Insurance Announces MAXRespect Initiative®, from Yahoo Finance. DALLAS, April 6, 2015 /PRNewswire/ — A-MAX Auto Insurance, an industry-leading, low-cost insurance provider for thousands of Texas residents and businesses, announces t
Apr 17, 2015

Conquering the Curveball

Conquering the Curveball, from F&I Showroom. Practicing and studying the pitcher are the keys to hitting baseball’s most unhittable pitch. F&I trainer says the same applies in the F&I office, which has faced quite a few curveballs of la
Apr 17, 2015

Myth Busting

Myth Busting, from F&I Showroom. The AFIP’s executive director wasn’t surprised to learn that dealers are once again upset at TrueCar, especially since the firm’s marketing still plays on perceptions that are simply not true. I wasn’t sur
Apr 17, 2015

FICO pilot holds promise for auto financing

FICO pilot holds promise for auto financing, from Automotive News. The results of a pilot program between Fair Isaac Corp. and 12 big credit-card companies could ultimately help dealerships get auto loans approved for so-called thin files — tha
Apr 17, 2015

Strategic Risks: The New Frontier of Risk Management

Strategic Risks: The New Frontier of Risk Management, from The Wall Street Journal. Risk management has undergone a refocusing in recent years, in an attempt to make its techniques and processes more adaptable to shifts in business and the economy, a
Apr 17, 2015

Used-Car Boom Breeds Record U.S. Bond Bets, Concern Over Risk

Used-Car Boom Breeds Record U.S. Bond Bets, Concern Over Risk, from Bloomberg Business. Auto-finance companies are issuing record amounts of bonds backed by leases as used cars retain their value like never before. With the supply of second-hand vehi
Apr 17, 2015