Author: Automotive News n Feed
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Slow tax refunds delay subprime bump
Delayed tax refunds postponed the start of the busiest season of the year in subprime auto loans, two big lenders in subprime said.
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Software analyzes patterns, flags fraud
PointPredictive’s Auto Fraud Manager software uses pattern recognition to identify risk and potentially cut fraud and early payment default losses in half.
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Prioritize transparency and compliance, JM&A says
Forrest Heathcott, president of JMandA Group, suggests the best way to educate consumers is with a “mantra of transparency.”
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GM, Nissan gain on trucks, deals; FCA, Ford slip on weak car demand
GM and Nissan, helped by strong truck demand and more generous discounts, posted higher February U.S. light-vehicle sales, while weak car shipments put a dent in Fiat Chrysler and Ford Motor volume.
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GM, Nissan, Honda gain on trucks, deals; Toyota, FCA, Ford slip on weak car demand
GM, Honda and Nissan, helped by strong truck demand and more generous discounts, posted higher February U.S. light-vehicle sales, while weak car shipments put a dent in Toyota, Fiat Chrysler and Ford Motor volume.
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First Shift: FCA discloses diesel probes
FCA discloses state, federal diesel probes; Trump touts Detroit 3 job creation; Barra addresses PSA ‘opportunities,’ GOP border-tax proposal; Toyota rolls without Android, Apple.
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Range Rover aims high with Velar
The new Range Rover Velar will be positioned at the top end of the premium market, priced much higher than rivals from BMW, Mercedes and Audi.
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Credit Acceptance to expand Michigan headquarters, add 532 jobs
Auto lender Credit Acceptance plans to add more than 500 jobs in an expansion of its corporate headquarters in suburban Detroit.
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Opel changes its mind, will debut Crossland X
Opel has decided to show its new Crossland X subcompact crossover, the brand’s first collaboration with PSA, at the Geneva auto show next week.
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Opel changes its mind, will debut Crossland X in Geneva
Opel has decided to show its new Crossland X subcompact crossover, the brand’s first collaboration with PSA, at the Geneva auto show next week.