Financial News

Columbus Fair Auto Auction (CFAA) was recently honored with GM Financial’s 2018 Auction of the Year award. It was presented to Alexis Jacobs at the 2019 Conference of Automotive Remarketing.…
Spireon was named IoT Vehicle Telematics Company of the Year in the 2019 Compass Intelligence awards. Selected by a judging panel of more than 40 industry-leading journalists, editors and analysts…
A proposed class-action lawsuit filed in federal court alleges Volkswagen defrauded consumers by selling vehicles labeled pre-production models as certified pre-owned (CPO). The pre-production models did not comply with U.S.…
The National Federation of Independent Businesses’ Small Business Optimism Index increased to 101.8 in March, after being briefly shaken by January’s government shutdown. Overall, the Index anticipates solid growth, keeping…
Equifax and Credit Bureau Connection (CBC) are teaming up to offer auto dealers and lenders the ability to provide consumers with access to credit information with no impact to their…
The Manheim Used Vehicle Value Index rose to its highest level of the year in March. The Index reached 136 for the month, up from 135.2 in February and 130.8…
Two-thirds of small business owners say recent fluctuations in the stock market have not changed their business outlook, according to Capital One's latest Small Business Growth Index. This is a…
Following a lower-than-expected February, Cox Automotive is forecasting March U.S. auto sales volume to hit 1.547 million, an increase from February. Sales remain down nearly 7 percent from March 2018.…
The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) recently reported on their 2018 activities to combat illegal debt collection practices. The annual report to Congress on…
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