FINANCE AND INSURANCE

Dealerships face the challenge of designing an online F&I experience that is simple and transparent and doesn't slow down the process of buying a vehicle.

Ongoing inventory constraints are driving up transaction prices but also pose a challenge for the lender as its dealership partners mitigate ravenous consumer demand amid limited supplies.

Chase Auto, Wells Fargo Auto and Ally Financial all posted strong first-quarter earnings last week, and signaled high customer demand will carry into the second quarter.

The Dallas new- and used-vehicle leasing company has changed its name to Drivrz Financial and replaced its top executive as it ramps up its used-car leasing business.