Tag Archives: crisis

The Great Recession led people in the U.S. to hold on to their cars and trucks longer. If the early economic impacts of the coronavirus are any indication, with tens of millions of Americans out of work, that phenomenon could soon take hold again — if it hasn’t already. Nestor …

Auto fraud has increased exponentially in the wake of the coronavirus pandemic as some people attempt to take advantage of the unprecedented moment in time. Investing in identity verification technologies can reduce fraudulent auto originations during the crisis, fraud experts said, but only if dealerships and lenders are on board. …

Icon SportswireGetty Images The Centers for Disease Control have a new publication, COVID-19 Employer Information for Office Buildings, that encourages private vehicle use over public transportation for workers. Employers should help pay for parking for people who drive in, the CDC says, or let workers stagger their hours so they …

Major U.S. auto lenders took a beating in the first quarter due to the coronavirus, though most losses cited by the top banks came from preparations for the carnage yet to come. Lenders entered crisis mode at the tail end of March when COVID-19 closures dried up auto sales and …

Michael SimariCar and Driver Online automotive apparel retailer Blipshift is forging ahead with its annual Apex Everything Sale despite the global coronavirus pandemic. Instead of one large sale, the iconic automotive T-shirt brand is splitting up its products into several weekly sales as its production has slowed while the pandemic …

Coronavirus has changed how we live and work. But the most important thing we can do is “step up to the challenge” of the pandemic and its effects as individuals, organizations and companies, including RoadLoans and parent company Santander Consumer USA (SC). “Being in the front lines, I have a …