Major Developments Make NABD Orlando a Must Attend By Nick Zulovich Senior Editor HOUSTON - It was just a little more than four months ago that the National Alliance of Buy-Here, Pay-Here Dealers hosted its annual convention in Las Vegas. However, Ken Shilson...
Wells Fargo Originations Down 2% YoY Wells Fargo Dealer Services saw a 2% year-over-year drop in originations — at $8.1 billion — in the third quarter, compared with $8.3 billion at the same time a year prior, according to the company’s earnings released today. Total...
Chase Auto 3Q Originations Grow 14% YoY Chase Auto Finance originated $9.3 billion of auto loans and leases in the third quarter, up from $8.5 billion in 2Q, and up from $8.1 billion at the same time a year prior,...
FTC Closes Antitrust Case Against Dealers, TrueCar Says In a regulatory filing this week, TrueCar said it considers a federal antitrust case against dealers to be closed. The FTC was looking into whether dealers refusing to do business with...