Subprime loans fall to lowest share since 2012

12:00 pm U.S. ET | May 20, 2015
Subprime and deep subprime loans in the first quarter dropped to their lowest share of the market since 2012, Experian Automotive says.

Amid higher auto lending, 90-day delinquencies hold flat

11:30 am U.S. ET | May 20, 2015
Auto loan originations rose 12 percent in the first quarter from a year earlier, while 90-day delinquency rates held flat at 3.3 percent, the Federal Reserve Bank of New York said.

At Buick store, service lane provides visuals to better sell F&I products

11:15 am U.S. ET | May 20, 2015
Aaron Logan has sold F&I products for 17 years, yet in the past six weeks his extended service contract penetration rate is nearly twice that of the...

Canada shrugs aside worries over long loans

11:00 am U.S. ET | May 13, 2015
U.S. auto industry watchers worry that long loan terms could lead to a financial crisis.

Student-loan debt doesn't hinder auto lending among college grads, study finds

11:45 am U.S. ET | May 13, 2015
A TransUnion study at least partly contradicts the widely held belief that hefty student loans prevent recent college graduates from getting auto...

F&I product provider to buy rival in cash deal

11:45 am U.S. ET | May 13, 2015
AmTrust Financial Services agreed to buy Warranty Solutions, owned by Wells Fargo, for $152 million in cash.

AutoNation launches private-label products

12:01 am U.S. ET | May 11, 2015
This month in its Texas stores, AutoNation will start selling self-branded extended service contracts.

GM Financial aims for speedier F&I and happier customers

12:01 am U.S. ET | May 11, 2015
GM North America chief Alan Batey believes GM Financial will improve customer satisfaction by getting them through the F&I office more quickly.

Subprime lending 'stable' despite worry about risk

11:45 am U.S. ET | May 6, 2015
The year got off to a decent start for subprime auto loans in terms of delinquencies and relatively low losses for bad loans, according to Fitch...

Credit union volume grows

11:45 am U.S. ET | May 6, 2015
Credit unions on the CU Direct auto lending platform are on pace for record volume this year.

Ford Credit sees highest Q1 dealer share in 14 years

11:15 am U.S. ET | May 6, 2015
Ford Credit increased its share of U.S.

Aston Martin picks Ally Financial as preferred U.S. lender

11:44 am U.S. ET | May 1, 2015
Aston Martin Lagonda named Ally Financial, the former GM financing arm, as its preferred US auto lender to help the maker of luxury sports cars...

Porsche captive adds branded F&I products

12:00 pm U.S. ET | April 29, 2015
Porsche, Bentley and Lamborghini dealers in the U.S. are getting a new menu of F&I products to sell.

AutoNation says no to captive

11:45 am U.S. ET | April 29, 2015
AutoNation, after exploring whether to launch its own captive finance company, is saying no to the idea.

Ally deal enables Mitsubishi to cut costs for capital, infrastructure

11:17 am U.S. ET | April 29, 2015
For years, Mitsubishi used an in-house finance arm to underwrite loans to dealers and customers as other small automakers relied on international...

Group 1, AutoNation set F&I revenue per vehicle records; most other publics improve

12:15 pm U.S. ET | April 29, 2015
The six largest publicly traded new-vehicle retail groups nearly all improved in F&I revenues per vehicle retailed in the first quarter, led by Group...

Most lenders cite subprime restraint

12:15 pm U.S. ET | April 29, 2015
GM Financial and Capital One are joining other auto lenders in citing tougher competition in subprime lending and voicing caution over the increase...

Ally pushes to make up for lost GM lease business

8:01 am U.S. ET | April 28, 2015
Ally Financial is responding to GM pulling its subsidized lease business by getting more aggressive in near-prime and subprime loans, and by courting...

Dealers missing out on digital F&I sales, study finds

11:30 am U.S. ET | April 22, 2015
Consumers want F&I product information online rather than all-at-once at the end of their vehicle purchases, a new study finds.

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Nissan's Munoz: 'You grow or you go'

Nissan's Munoz: 'You grow or you go'

Nissan N.A. boss Jose Munoz continues to push U.S. dealers for a big jump in market share while deflecting complaints that his stair-step sales targets are too hard to achieve.
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