Financial News

Auto finance credit performance continued to improve across securitized prime and non-prime auto loan collateral pools during the April collection period, according to Kroll Bond Rating Agency (KBRA). Both of…
Spireon Inc. announced that its GoldStar Connect solution is now available in Spanish. The GoldStar Connect app offers buy-here, pay-here dealers and creditors connected car features and benefits meant to…
Credit Acceptance Corp. has been named to the Forbes Global 2000 List. This is the company’s first time appearing on the list. Credit Acceptance ranked No. 1,885 out of the…
Preferred Warranties Inc. named Allison Marley as the company’s new vice president of sales. In this role, Marley will lead the PWI sales and training team, interact with key customers…
Consumers expect fast service when it comes to online finance. New research from Experian has revealed that half of all customers are so fed-up with slow sign-up processes that many…
Spireon, the vehicle intelligence company, has announced the appointment of Brian Skutta as president. Under Skutta’s leadership, Spireon’s automotive-focused segments will leverage its innovative product lineup and already deep bench…
VAuto is helping more dealerships take advantage of today’s changing automotive retail toward used vehicles by expanding its proprietary suite of market data to all Stockwave users with the introduction…
Black Book has partnered with Drivably, an inventory procurement platform for dealers. Black Book’s automotive intelligence and vehicle valuation data are powering Drivably’s dealer inventory acquisition ecosystem. Drivably’s model leverages…
Black Book’s Used Vehicle Retention Index for May rose slightly to 114.4 from 113.6 in April. The increase marked the first monthly rise dating back to October. With a strong…