Financial News

Hudson Cook, LLP announced that attorneys Anastasia V. Caton and Erica A.N. Kramer have been promoted to equity partners of the firm. With their addition, 18 of the firm’s 40…
Black Book’s Used Vehicle Retention Index dipped slightly in December. The Index came in at 116.3, down from 116.5 in November. December showed the first decline in the Index dating…
Spireon has been recognized by the 2019 IoT Breakthrough Awards for its GoldStar GPS solution, which was named Connected Car Product of the Year. GoldStar was honored for new features…
CalAmp recently reported its financial results for its quarter ended Nov. 30. Consolidated revenue was $88.5 million, down 6 percent year-over-year, due to supply chain execution challenges. Gross margin was…
Car-as-a-service provider Fair has raised $385 million in a Series B financing led by SoftBank. The investment is anticipated to enable the company to scale its consumer platform and Uber…
There are many factors that may impact auto affordability in the coming year, which could result in a slowdown in origination growth, TransUnion reports. The potential of rising tariffs could…
Despite growing financial comfort, Georgia credit union members don't appear to be slipping back into dangerous consumer patterns evident across the country just before the Great Recession of 2008. As…
Credit Acceptance Corp. has been named one of the Best and Brightest Companies to Work For in the nation. This is the seventh consecutive year Credit Acceptance has won this…
Credit Acceptance Corp. extended the date on which its $150 million revolving secured warehouse facility will cease to revolve. The date has moved to Dec.17, 2020 from Dec. 1, 2019.…
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