As tariffs start to rise in the U.S., many observers expect a negative impact on the new-car market. The impact on the used-car market remains less certain. West Coast Shipping,…
Auto finance interest rates are expected to climb to their highest level since 2009 for the second month in a row in June, according to Edmunds. The APR on new…
Credit Acceptance Corp. extended the maturity of its revolving secured line of credit facility with a commercial bank syndicate from June 22, 2020 to June 22, 2021. There were no…
Primeritus Financial Services Inc. announced the acquisition of Capital Recovery Group,LLC (CRG). Based in Tucson, Ariz., CRG is dedicated solely to the powersports community. The company was founded by Nic…
DriveTime announced the opening of its Woodbridge, Va. dealership. Located 20 miles south of Washington, D.C., Woodbridge is home to the Leesylvania State Park and the Occoquan Bay National Wildlife…
New-vehicle sales volume in June is expected to rise 2.1 percent from last year, resulting in a seasonally adjusted annual rate (SAAR) of 16.9 million. The June sales pace is…
DriveTime announced the relocation of its Sanford, Fla., dealership. Located three miles from the previous location, DriveTime is now at 3575 N. U.S. Highway 17-92, in Sanford. The new dealership…
The Conference Board Consumer Confidence Index decreased in June, following an increase in May. The Index now stands at 126.4, down from 128.8 in May. Consumers’ outlook for the labor…
A little over two years after being acquired by Mexico City-based Credito Real, AFS Acceptance LLC has announced it will be changing their name to Credito Real USA Finance (CRUSAfin).…

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