These guys want your used-vehicle sales, profitsMon, 27, Jun 2016
Beepi. Shift. Carvana. Vroom. Don't let the clever names fool you. These tech start-ups aim to take a bite out of the used-vehicle retail industry's lunch.
Ally shareholder Feinberg resigns from board after showdown with advisory firmTue, 28, Jun 2016
Stephen Feinberg, Ally Financial's third-largest shareholder, stepped down from the auto lender's board after an investor-advisory firm faulted his ability to use the stock as collateral for debt.
NADA names Fong to head dealership operationsTue, 07, Jun 2016
The National Automobile Dealers Association named Peter Fong, 52, as senior vice president of dealership operations. He replaces John Lyboldt, who left NADA to become president of the Truckload Carriers Association.
Auto financiers tapping the brakes on subprime lendingFri, 03, Jun 2016
Executives at some of the biggest banks in auto lending are tapping the brakes on subprime lending, especially at the lower end of the credit spectrum. But they insist the credit environment is good for auto lending overall.
Auto lending market 'a little stressed,' JPMorgan Chase CEO Dimon saysThu, 02, Jun 2016
JPMorgan Chase CEO Jamie Dimon said the market for U.S. automobile lending is “a little stressed” and that he foresees higher losses ahead for some competitors.