Subprime ABS solid in May, aided by used market, from Subprime Auto Finance News. While the subprime sector produced positive results, Fitch Ratings reported losses for U.S. prime auto loan ABS ticked up in May, but overall asset performance remains

Dealer fraud brings TARP investigation, according to Used Car News. The former owner of a Chicago-area used car and motorcycle dealership was sentenced recently for defrauding funds from the Troubled Asset Relief Program. According to court documents

5 types of bad credit loans to avoid, according to U.S. News. Bad credit loans should just be called bad loans. Even if your finances are rock-solid, you’ve probably noticed the advertisements suggesting that if you have bad credit, Company X w

Were you hoping to win a prize? Sorry, in my promotion no one wins, I just say that so you will come into my dealership. Doesn’t that sound awful? Unfortunately, it happens all too often in our industry. Dealers run sweepstakes where everyone is a

Having been a dealer, operated dealerships, and for the last decade or so consulted dealers on OSHA, F&I, identity theft and other worker and consumer protection laws, I know that thinking about and addressing compliance is no one’s idea of a h

Dealership buy/sell activity increased 60% in the first quarter of the year (see Chart 1). The increase is attributed to a rise in the number of sellers entering the market. Buyers, both public and private, have reported an increase in the number of

Most technology companies are hungry for growth to increase their profitability. This growth can come from new products via innovation or new markets for their products. A perfect example of this has been Apple. As a personal computer company they us

If you asked ten people what loyalty means you would probably get ten different answers. Certainly many couples have a different interpretation of the concept of loyalty as do business partners. Insurance companies invoke the need to be loyal, maybe

Subprime trading like it’s ’07 in car-loan bonds, according to Bloomberg. In response to rising default rates on subprime U.S. auto loans, bond investors are deciding the best thing to do is pile into securities backed by the debt. In the