Two of the three major auto lenders posted significant increases in auto loan originations in the third quarter and cited improved customer demand and credit metrics in their results. But all three lenders signaled concern that without further government stimulus, consumer auto loan performance could suffer. Auto loan originations surged …
Read More »N.Y. dealership case could prompt further FTC action
Compliance experts believe the Federal Trade Commission’s handling of a New York dealership case, in which the store agreed to pay $ 1.5 million for a slew of illegal and unethical practices in the finance and insurance office, may have far-reaching implications. Federal regulators in particular cited dealership-arranged financing, also …
Read More »2020 AEV Chevrolet Colorado ZR2 Bison First Drive Review: Going Further
Not so long ago, enthusiasts had virtually no choice but to turn to parts catalogs if they wanted a truck with serious off-road capability. But the introduction of purpose-built models like the Ford F-150 Raptor, Toyota Tacoma TRD Pro, and Chevrolet Colorado ZR2 in recent years changed the landscape for …
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