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Newsby StaffOctober 31, 2019

TCF Capital Solutions Hires Erwin to Lead FMC Funding Push

A TCF Capital Solutions has hired Paul Erwin to lead a fleet funding initiative for fleet management companies, according to a release.

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Newsby StaffOctober 31, 2019

Fed Triggers Third Interest Rate Cut of 2019

The Federal Reserve announced a quarter-point interest rate reduction yesterday, its third such move this year. The target federal funds rate now stand at 1.5% after starting the year at 2.25%.

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Newsby StaffSeptember 23, 2019

Auto Loans Likely Won't be Affected by Recent Interest Rate Cut

Cox Automotive’s chief economist, Jonathan Smoke, said he didn’t expect the Fed’s latest move to match the impact of the July cut for auto manufacturers or dealers.

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Newsby StaffJune 19, 2019

Black Book Offers Vehicle Verification to Lenders

Black Book will begin offering vehicle verification information to automotive lenders to help reduce misrepresentation about a vehicle's trim and equipped options, the valuation firm announced.

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Newsby Eric GandarillaMarch 26, 2019

What the Fed's Flat Interest Rates Will Mean for Used Cars

The Federal Reserve has voted unanimously that it would not hike interest rates any further for the remainder of 2019.

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