Top 10 States With the Highest Auto Loan Delinquencies

By | 2018-06-01T06:09:28+00:00 May 31st, 2018|Categories: Auto industry news|Tags: |

Auto loans are at an all-time high, up year-over-year to $1,108 TRILLION for the first quarter of 2018, according to Experian. The good news is that the deep sub-prime and sub-prime have reduced year-over-year. Deep subprime, is defined as a FICO score below 300-500 by Experian, and subprime is a FICO score of 501-600. [...]

Former-Ford Exec now CEO of GKN Plc amid turmoil

By | 2017-12-11T13:29:28+00:00 December 11th, 2017|Categories: Auto industry news, Automobiles and Energy, Automotive executives|Tags: , , |

Whoa, someone call Shonda Rhimes. There has to be a backstory to this that is worthy of the screenwriter that has mastered the television show, Scandal. Let's look at this in a way only Rhimes could. The press release from GKN was direct, "Kevin Cummings, previously CEO Designate, will leave the Board and GKN with [...]