Tom Webb , Guest Contributor

It’s always risky to put economic commentary into print, as the one is more fleeting than the other. A “reasoned analysis” can quickly appear to be a “ridiculous prediction” simply because of a quick shift in real world facts. The risk grows in times of financial market volatility, trade... Read More

COMMENTARY: Auto dealers and GDPR regulations

Greg Sparrow , CompliancePoint

The General Data Protection Regulation, commonly known as GDPR, is a regulation in EU law on data protection and privacy for all individuals within the European Union. The law was put into place on April 27, 2016 and allotted a two-year adoption grace period for businesses to strategize and implement... Read More

PODCAST: Tim Russi of Ally

AuSM Staff

In mid-April, it was announced that Tim Russi, the longtime leader of auto finance at Ally, would depart the company in October. Look back at his impact at Ally in this podcast conversation with Nick Zulovich, recorded at AFSA's Vehicle Finance Conference in March. They talk about changes in the auto finance... Read More

AuSM Staff

Westlake Financial Services has teamed up with Ally Financial to include its cars on Ally's SmartAuction online auction platform. The Westlake vehicles, which include a variety of brands, have been available to dealers registered on SmartAuction since May 1. "We are excited to team with... Read More

AuSM Staff

Perhaps an unfortunate incident involving a Florida man trying to buy a Ford F-150 could serve as appropriate evidence as to why working with reputable dealerships and finance companies might be best when purchasing a vehicle. Over the past few years, the National Insurance Crime Bureau (NICB) has warned consumers... Read More

AuSM Staff

Wantalease.com spotted a monthly lease offer for a full-size pickup on par with compact cars and likely less than half of what a monthly payment attached to a retail installment sales contract might be. Going for just $169 per month, Wantalease.com noticed that consumers on its site can secure a Ram 1500 Crew Cab.... Read More

AuSM Staff

Finance companies are fighting a cyber-war against criminals who carry out millions of daily attacks in a bid to steal personal data and defraud businesses of millions of dollars. That is the stark message from data security expert Royce Curtin, managing director of global intelligence at Barclays, who warns finance... Read More

AuSM Staff

Dealers who use XLerate Group to acquire their inventory now have more financing flexibility. XLerate Group announced on Tuesday that dealer floorplan company XLFunding is now available at all of its auction locations. XLFunding is a full-service flooring company with flexible tiers, local title services and a simple... Read More

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