The 2021 Genesis G80 puts to rest any doubts about whether Hyundai’s luxury brand deserves to sit alongside Germany’s heritage brands. Like Genesis, Mercedes-Benz, BMW, and Audi built their reputations for performance and refinement on the backs of their sedans, and carried it over into more diluted pools teeming with …
Read More »Digital auto selling and lending has a weak spot: Fraud
The last few months have pushed forward the adoption of digital selling, lending and servicing solutions at breakneck speed — and consumers are happy with the changes. However, with great digital services comes great responsibility to ensure that fraud doesn’t grow to an even bigger problem. The shift to digital …
Read More »Used cars a bright spot for credit unions
Credit unions ceded market share to automaker lenders wielding aggressive incentives in the spring. But used-vehicle lending remains a bright spot for credit unions amid the coronavirus pandemic as used-car values skyrocket. All non-captive auto financing companies forfeited market share to automaker lenders boasting 0 percent interest, seven-year car loans …
Read More »