Paige Hodder

Ann Arbor

Reporter at Automotive News

Reporter and photographer in Detroit Currently writing about auto finance for @Automotive_News

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Articles

The biggest auto finance fraud threats today, according to experts

1 week ago | autonews.com | Paige Hodder |Nora Eckert |Jack Walsworth |Richard Truett

Ford is hiking prices on three of its Mexico-produced models effective May 2, becoming one of the first major automakers to adjust sticker prices following President Donald Trump‘s tariffs.
How captive finance companies have served dealerships, car buyers for more than 100 years

1 week ago | autonews.com | Paige Hodder |Urvaksh Karkaria |Laurence Iliff |Terry Kosdrosky

The Japanese automaker will ditch about 20 performance-based metrics for a singular metric: new-car sales. The Nissan One program, which launches June 3, ties dealer variable margin to achieving retail volume goals.
F&I gross profit per vehicle up at 5 of 6 public groups in Q1; down at Asbury

1 week ago | autonews.com | Paige Hodder |Michael Martinez |Terry Kosdrosky

The expected tariff cost is significantly lower than the $4 billion to $5 billion crosstown rival General Motors estimates, which Ford attributes to its higher mix of U.S.-built vehicles.
CDK Global survey finds longer F&I waits at car dealerships

2 weeks ago | autonews.com | Paige Hodder |John Irwin |Carly Schaffner |Hannah Lutz

Tariffs and uncertainty about EV regulations and incentives might slow down the transition to green tech. But auto industry suppliers say it's still coming.
Auto workers, car buyers divided on auto tariffs’ effect at Trump rally in Michigan

2 weeks ago | autonews.com | Paige Hodder |Hannah Lutz |Molly Boigon |Carly Schaffner

Auto workers who support President Donald Trump line up to attend a rally in Warren, Mich. The rally came on the heels of the announcement that Trump is giving automakers that build vehicles in the U.S. some tariff relief.
Feds withdraw lawsuit against Southfield-based subprime auto lender

2 weeks ago | crainsdetroit.com | Paige Hodder

The Consumer Financial Protection Bureau filed a motion April 24 to withdraw from its lawsuit with the Office of the New York State Attorney General against Southfield-based lender Credit Acceptance Corp. The federal agency and New York Attorney General Letitia James initiated the lawsuit against the auto finance company on Jan. 4, 2023. They accused Credit Acceptance of driving low-income borrowers into used-car loans it knew they could not afford and concealing the true cost of borrowing.
CFPB withdraws lawsuit against Credit Acceptance

2 weeks ago | autonews.com | Paige Hodder |Michael Martinez |Hans Greimel |Urvaksh Karkaria

Some see underutilized U.S. plants as a quick way for automakers to shift production of imported models. But doing so would be a costly, time-consuming process, experts say.
Group 1 plans to be flexible and move fast in the face of tariffs

3 weeks ago | autonews.com | Paige Hodder

Group 1 said on an April 24 earnings call that it is ready for various scenarios if tariffs impact business.
Tariffs have top dealership groups reaching for used-car playbooks

3 weeks ago | autonews.com | Paige Hodder |C.J. Moore

Dealerships are preparing to sell more used vehicles in case tariffs increase the price of new cars and trucks, causing consumers to consider less expensive options.
How Baxter Auto Group trained service technicians to keep the AC inside

3 weeks ago | autonews.com | Paige Hodder

Blue LED lights light up to indicate that either the heating or air conditioning is running at Baxter Ford Papillion in Nebraska.

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Paige Hodder

Paige Hodder @ByPaigeHodder

28 Sep 23

RT @Automotive_News: Trump in Michigan: EVs will 'spell the death of the U.S. auto industry' https://t.co/afzOGwOQPR https://t.co/GFxUvMRhsn

Paige Hodder

Paige Hodder @ByPaigeHodder

23 Sep 23

RT @Automotive_News: Workers at 38 GM, Stellantis parts depots join UAW strike, but Ford makes progress https://t.co/DuIo1ByjLn https://t.c…

Paige Hodder

Paige Hodder @ByPaigeHodder

11 Sep 23

RT @Automotive_News: Amid UAW-Detroit 3 negotiations, a call to ‘remember the retirees' https://t.co/cg937SWgM4 https://t.co/Pt194M9rvB