Finance & Insurance
Trump's pick to lead financial regulator wins Senate approvalDec. 7
Interest rate hikes hurting car sales, Canadian economyDec. 5
Daimler Financial chairman's retirement spurs leadership changes at Mercedes-Benz captiveNov. 15
BMW may sell U.S. credit-card business, report saysNov. 13
House panel could shift auto finance stanceNov. 12
As Democrats gain control of the House, a new chairman of the House Financial Services Committee with views radically different from her predecessor could shift the panel's stance on automotive finance regulation.
Creating a comfort zone for customersNov. 12
F&I: Think how to help, not just sellNov. 5
'Not giving them away anymore'Oct. 22
Customers coming back to the new-vehicle market are finding heftier price tags and dwindling financing options. For those underwater on their loans, a new vehicle is even further from reach just as automakers are pulling back on incentives that could help.
GM offers extended warranties of its ownOct. 15
M-B captive tests millennial, Gen Z marketingOct. 8
Mercedes-Benz Financial Services has developed three customer personas for market research. Persona crafting is one method lenders are exploring to create messages of financial literacy that are approachable and accessible to millennial and Gen Z borrowers.
Partners educate young consumers about financesOct. 8
For auto lenders, an opportunity to teachOct. 8
First-time buyers often enter the dealership with misconceptions about the car-buying and financing process. Providing accessible financial literacy information is key for auto lenders who want to gain and retain financially savvy customers.