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Economist Looks Back on Career Watching the Car Business

Economist Looks Back on Career Watching the Car Business

Tom Webb is calling it a career after spending five decades watching the car business. He has worked at the National Automobile Dealers Association, PricewaterhouseCoopers...

Latest News

Santander Reports Lower Originations

Santander Reports Lower Originations

Santander Consumer USA Holdings Inc. announced net income for the first quarter of $143 million.Total auto originations were $5.4 billion, down 21 percent from the prior quarter.Core retail auto originations...

Compliance News

Mitsubishi Recalls Outlanders for Door Problems

Mitsubishi Recalls Outlanders for Door Problems

Mitsubishi Motors North America Inc is recalling 35,674 2016 Outlander...

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Dealer News

Small Businesses Face More Challenges

Small Businesses Face More Challenges

The 12 Federal Reserve Banks issued the 2016 Small Business...

Auction News

Manheim Includes Powertrain Inspection in Purchase Protection

Manheim Includes Powertrain Inspection in Purchase Protection

Manheim has added the limited powertrain inspection...

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Payment Devices’ Status Safe Despite Proposed Laws

Payment Devices’ Status Safe Despite Proposed Laws

Payment assurance technology providers are preparing to fight back a new wave of legislation aimed...

Legal News

CPS Closes Securitization

CPS Closes Securitization

Consumer Portfolio Services Inc. announced the closing of its second term securitization in 2017. The transaction is...

Financial News

CPS Reports Higher Revenues, Costs

CPS Reports Higher Revenues, Costs

Consumer Portfolio Services Inc. announced net income of $4.5 million for its first quarter ended Ma...