Finance & Insurance
Subprime auto lending gets blasted by comedian John OliverTue, 16, Aug 2016
Comedian John Oliver took a break from mocking Donald Trump and the Rio Olympics to warn about the dangers of subprime auto lending. Oliver devoted nearly 18 minutes of his weekly HBO show “Last Week Tonight” on Sunday to subprime auto lending.
Asbury expands online sales experimentMon, 15, Aug 2016
Asbury Automotive Group Inc. is trying a low-cost approach to selling vehicles online.
Aggressive Cox Automotive now rivals huge dealer-services firmsMon, 08, Aug 2016
Seemingly overnight, Cox Automotive has burst on the scene as a broad dealer-services provider that touches three out of four vehicle transactions in some way.
Autonomous vehicles would need mandatory inspections, NADA exec saysTue, 02, Aug 2016
If automakers hope to avoid liability in crashes involving autonomous vehicles, regular inspections must be mandated, the chief economist for the National Automobile Dealers Association said.
Wells Fargo faces U.S. probe over soldiers' car seizures, report saysThu, 28, Jul 2016
Wells Fargo is facing a U.S. investigation into whether it improperly repossessed cars owned by members of the military, two people with knowledge of the probe told Bloomberg.
NextGear Capital will finance vehicle purchases at CarMax auctionsWed, 27, Jul 2016
NextGear Capital will finance dealers' purchases of used vehicles at CarMax's 68 auction locations starting Aug. 8.