Financial News

Spireon finished 2018 with year-over-year growth across transportation, fleet and franchise dealer business units. The growth was driven by hardware and mobile innovations designed to increase profitability, improve asset health…
Westlake Financial Services has chosen Dealertrack Accelerated Title handle the payoff and title release process for trade-ins. Using Dealertrack's Accelerated Title solution will enable Westlake to streamline its transactions and…
Average wholesale prices were relatively flat in February, as opposing forces largely canceled each other out. Overall car price declines were more than offset by truck price gains and off-lease…
Deficiency balances have been the latest focus of Consumers Financial Protection Bureau examinations. The CFPB recently released its latest Supervisory Highlight report, which includes a section on auto finance servicing…
The Federal Trade Commission announced the agenda for the 11th session of its Hearings Initiative, which will focus on the agency’s international work. The hearing, co-sponsored with the George Washington…
Wholesale used vehicle prices decreased slightly month-over-month in February. The Manheim Used Vehicle Value Index fell to 135.2 in February from 135.4 in January. The Index rose year-over-year, from 131…
The record 4.3 million consumers who will be turning in leased vehicles this year will be in for sticker shock when they return to the dealership, according to new analysis…
The gap between the average new and used monthly vehicle payments continued to widen in the fourth quarter, reaching $158, according to Experian. Total outstanding automotive loan balances reached $1.178…
The used vehicle market slowed once again in January, according to J.D. Power Valuation Services. January marks the fifth consecutive month of decline. As a result, the Seasonally Adjusted Used…
Page 2 of 6