Financial News

According to the J.D. Power 2020 U.S. Dealer Financing Satisfaction Study, disruption caused by the pandemic—much of which dealers expect to be long-term—is forcing lenders to evolve quickly in an…
Credit Union Leasing of America (CULA), a leader in indirect vehicle leasing for credit unions for over 30 years, has joined forces with SCE Federal Credit Union to offer SCE…
Spectrum Automotive Holdings Corp., an agent, marketer and administrator of finance and insurance products for the U.S. automotive market, announced the acquisition of CalTex Protective Coatings, the largest manufacturer and…
J.D. Power announced the acquisition of Inventory Command Center (ICC), an automotive inventory management SaaS-based platform. The business, which is being integrated into the Autodata Solutions division of J.D. Power,…
PureCars, a provider of digital marketing and advertising insights for auto dealers, announced it will provide new digital advertising services to Asbury Automotive Group Inc. The two companies began working…
Automotive Titling Company LLC, a provider of out-of-state tax, title, and registration software, data, and services for the automotive industry, has received a strategic growth investment from the Polaris Growth…
Pagaya, a financial technology company, publicly announced the expansion of its consumer credit offering into auto loans, with hundreds of millions of dollars already invested. Pagaya’s multiple lending partners include…
HyreCar Inc., the carsharing marketplace for ridesharing and delivery, announced that Aon, a global professional services firm providing a broad range of risk, retirement and health solutions, will serve as…
According to findings from Experian’s Q3 2020 State of the Automotive Finance Market report, the automotive sector continues to show positive trends. Prior to the pandemic, delinquency rates were considered…