Equifax Launches Enhanced Lost Sales Analysis Tool for Automotive Lenders
Aug 26, 2015
Product used by 30 of the top automotive finance lenders enhanced to strengthen evaluations of loan applications and allow for greater customization of performance metrics ATLANTA -- Aug. 26, 2015: Equifax Inc. , a global information solutions company, today announced the introduction of new features to its Lost Sales ... Continue reading
Enterprise Car Sales Offers Private-Label Financing Option Through Chase
Aug 25, 2015
Unique Offering Provides Seamless Customer Experience -- From Vehicle Selection to On-the-Spot Financing ST. LOUIS -- Aug. 25, 2015: Enterprise Car Sales, a service of Enterprise Rent-A-Car and part of the world's largest car rental company, and Chase today announced a new multi-year, private-label agreement, which aim ... Continue reading
Experian Automotive: Auto loan balances grow at fastest rate since 2006
Aug 12, 2015
Thirty-day delinquencies for Q2 hit lowest level in the past five years SCHAUMBURG, IL -- Aug. 12, 2015: Experian Automotive today announced that the total dollar volume for outstanding automotive loan balances grew by $92 million from the second quarter of 2014 to the second quarter of 2015. It was the largest dollar ... Continue reading
Honda Marine Selects Northpoint Commercial Finance to Provide Dealer and OEM Finance Program
Aug 11, 2015
Honda Marine has chosen Northpoint Commercial Finance, a diversified inventory finance company, as the exclusive provider of a new finance program. The finance program is designed to provide a flexible approach to floorplanning boat/motor/trailer packages for original equipment manufacturers and dealers. Honda Marine, ... Continue reading
Equifax Reports Auto Loan and Lease Balances Top $1 Trillion
Aug 10, 2015
Finance companies outpacing commercial banks in auto loan and lease growth ATLANTA -- Aug. 10, 2015: According to the latest Equifax Inc. National Consumer Credit Trends Report, the total amount of outstanding balances on automotive loans and leases has crossed the $1 trillion mark with finance companies growing origin ... Continue reading
Steven Goodale Appointed Vice President of Daimler Truck Financial
Aug 10, 2015
Mercedes-Benz Financial Services USA LLC is pleased to announce that Steven Goodale, currently Managing Director and CEO of Mercedes-Benz Financial Services Australia and New Zealand, has been appointed Vice President of Daimler Truck Financial, a business unit of Mercedes-Benz Financial Services. Daimler Truck Financi ... Continue reading
Jul 27, 2015
Dealers rank company highest in Retail Leasing, Floor Planning and Prime Retail Credit Mercedes-Benz Financial Services USA LLC was ranked highest in all three categories of the just-released J.D. Power 2015 U.S. Dealer Financing Satisfaction StudySM. The study measures dealer satisfaction with auto financing providers ... Continue reading
Underwriting and Funding Speed Exceed Price as Drivers of Auto Dealer Satisfaction
Jul 27, 2015
Mercedes-Benz Financial Services Ranks Highest in All Three Award Segments: Prime Retail Credit, Retail Leasing and Floor Planning In the highly competitive auto lending environment, the level of service provided, including technology and a collaborative and consultative staff, is more important than price, as dealers ... Continue reading
Auto Lab - Live Radio Car Show Call-in | Saturday July 18, 2015
Jul 17, 2015
harold wohchuk, auto lab, live radio call in show, car talk from new york, Harold Bendell-Major Auto Fred Bordoff-Bronx Community College CUNY Libby DeMarco-Broadway Sunoco Jerry Pastore-D & J Diagnostic Johanna Pastore-D & J Diagnostic Joanne Porcelli,Esq. Michael Porcelli-Central Avenue Information Nicholas Prague-MT ... Continue reading
Jul 15, 2015
American Honda Finance Corporation (AHFC) has reached an agreement with the Consumer Financial Protection Bureau (CFPB) and the Department of Justice (DOJ) that shows our commitment to work together to be part of the solution and to establish the path forward that best supports our Honda and Acura customers and dealers ... Continue reading
Toyota Financial Services Announces Executive Changes
Jul 10, 2015
U.S. President & CEO Mike Groff Appointed to Lead TFS Americas Region Chris Ballinger Adds Responsibility as Chief Officer, Management Innovation TORRANCE, CA -- July 9, 2015: Toyota Financial Services Corporation (TFSC) announced today that Mike Groff, President and CEO of TFS USA, is appointed to CEO of the Toyota Fi ... Continue reading
Ally to Offer APR, FICO Score and Secure Email for Auto Consumers
Jul 9, 2015
New features provide easier access to important account and credit information MIAMI -- July 8, 2015: At the National Association of Minority Automotive Dealers (NAMAD) annual convention today, Ally announced that its auto consumers will soon have easier access to important account and credit information online. Beginn ... Continue reading
Auto Lab Radio Call-in | Saturday July 4, 2015 - Best of Auto Lab
Jul 3, 2015
Auto Lab Call-in | Saturday July 4, 2015 - Best of Auto Lab ... Continue reading
Hyundai Capital America's "Top Treasury Team" Leads Company to $40 Billion Milestone
Jun 30, 2015
Hyundai Capital America (HCA), a top-10 U.S. captive auto finance company that does business as Hyundai Motor Finance and Kia Motors Finance, is pleased to congratulate its Treasury department on being recognized as the 2015 Top Treasury Team by leading trade publication Treasury Today in their annual Adam Smith Awards ... Continue reading
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