Following a spate of recent (and ongoing) vehicle recalls from nearly every manufacturer, there appears to be an uptick in dealerships being...
Paying For Recalls – Audits on the Rise
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Experian Automotive — financing to subprime borrowers begins to throttle back
Experian Automotive today announced that the percentage of new vehicle loans to subprime and deep subprime borrowers began to level off in Q2 2014....
New Carfax Research Shows Title Washing Is Growing
A dangerous scam that hides major problems with used cars from consumers is on the rise. According to new research from Carfax, nearly 800,000 used...
What Causes Dealer Bonds to Increase?
2014 is a year of changes for the auto dealer industry. As laws change and new bills get passed, it’s imperative to stay up-to-date on the latest...
Payroll, Pizza, and Technology
Technology has made fraud easier to spot. Our financial statement have hundreds of metrics; labor gross profit percent, expenses as a percent of...
American Honda Motor Co. adds AutoCheck® vehicle history reports to its Honda Certified Pre-Owned Vehicles and Acura Certified Pre-Owned Vehicles programs
Experian Automotive today announced American Honda Motor Co. has named it as a provider of vehicle history reports for its Honda Certified Pre-Owned...
Experian Automotive: Average automotive loan term reaches record high of 66 months; loans with terms 73–84 months grew by 27.6 percent
Experian Automotive today announced that loan terms continued to lengthen, with the average automotive loan term reaching 66 months for the first...
Experian Automotive: Consumers purchasing an electric vehicle are younger and more affluent than those buying a hybrid
In honor of Earth Day, Experian Automotive released findings from an analysis comparing electric and hybrid* vehicles. Findings from the analysis...
Experian Automotive launches new tool to help automotive lenders better monitor changes in loan status on vehicles in their portfolios
Experian Automotive today announced the newest addition to its suite of portfolio monitoring services, Lender Triggers™. This new tool is designed...
The Nuts and Bolts of the Auto Dealer Bond Claim Process
If you are a licensed auto dealer, you’ve surely dealt with obtaining a surety bond as a requirement for your license. Hopefully you haven’t dealt...