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US Senate panel approves China vehicle crackdown bill ReutersUS Senate panel approves bill to crack down on Chinese vehicles ReutersSenate panel advances China auto bill that could bar Mercedes-Benz from U.S. CNBCMercedes risks US sales ban under Senate China bill Financial Times
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S&P 500, Nasdaq close lower as investors await technology earnings ReutersStock market today: Dow, S&P 500, Nasdaq slip as oil prices rise, Alphabet and Tesla earnings loom Yahoo FinanceBig Tech Earnings Live: Tesla and Google Parent Alphabet Will Be the First Magnificent 7 Companies to Release Results InvestopediaStocks Are Facing a Summer Storm. Don't Bank on Help From Google Earnings, and 5 Other Things to Know Today Barron's
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The latest tariff salvo underscored Trump's goal of reshoring low-cost drug production, but displacing established suppliers like India won't be easy.
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Plus, more ways to lower how much you pay out of pocket for medical care in retirement.
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Auto lenders and dealerships should not ignore car buyers with lower credit scores, Armando Hidalgo, director of servicing at SameDay Auto Finance, said in a panel discussion at the Auto Finance Summit this month in Las Vegas.
With many of those consumers "now needing credit, it is a good opportunity for us to capture some of that market," Hidalgo said. It is "also a good opportunity for borrowers to reestablish themselves."
Auto lenders can manage the risks of customers with lower credit scores by informing those consumers ahead of time and by keeping in touch with them often, Hidalgo said.
"It is up to us to make sure that we put them in the right path of success," he added.
Have a good auto finance and insurance tip to share? Email Automotive News F&I reporters John Huetter at john.huetter@crain.com and Paige Hodder at paige.hodder@crain.com. See more F&I tips at autonews.com/topic/fi-tips.
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