Jun 30, 2015
LONDON -- June 30, 2015: Fiat Chrysler Automobiles N.V. ("FCA") announced today that it has successfully completed the syndication to a group of twenty-four banks (inclusive of the twelve original bookrunner banks) of the committed revolving credit facility entered into on June 9, 2015 ("RCF"). Following a positive rec ... Continue reading
Jun 22, 2015
Equifax to offer auto loan payment reporting training at the 2015 NIADA convention ATLANTA, June 22, 2015 -- Equifax Inc. , a global information solutions provider, is expanding its partnership with the National Independent Automotive Dealership Association (NIADA) to support independent and Buy-Here-Pay-Here (BHPH) de ... Continue reading
Toyota Financial Services (TFS) Expands Auto Industry's Only Asset-Backed Green Bond Program
Jun 18, 2015
Bond Proceeds to Fund New Consumer Loans and Leases for Toyotaâs Leading Portfolio of Green Vehicles TORRANCE, CA -- June 18, 2015: Demonstrating an ongoing commitment to supporting the sale of green vehicles, Toyota Financial Services (TFS) issued the auto industryâs second-ever Asset-Backed Green Bond in th ... Continue reading
Cox Automotive Owner of Kelley Blue Book and Autotrader to Buy Dealertrack for $4 Billion
Jun 16, 2015
Cox Automotive⢠to Invest in Customers and Auto Industry with $4 Billion Acquisition of Dealertrack® Strategically combines two industry leaders known for innovation, customer focus and delivering results Creates broader suite of open solutions that provide greater value to consumers, dealers, lenders and manuf ... Continue reading
American Honda Finance Corporation Sponsors Junior Achievement to Promote Teen Financial Literacy
Jun 11, 2015
$1.8 Million Sponsorship Will Include Awareness Campaign to Help Educate Teens About the Financial Responsibilities of Vehicle Ownership COLORADO SPRINGS, Colo., June 10, 2015 -- Junior Achievement USA® (JA) announced today a sponsorship from American Honda Finance Corporation (AHFC) to redevelop the JA Personal Finan ... Continue reading
Jun 10, 2015
Ford Motor Credit Company and Lincoln Automotive Financial Services are offering customers affected by recent storms the option to delay some car and truck payments. The disaster relief program allows qualified customers to delay one or two monthly payments, resuming their regular payment schedules when their situation ... Continue reading
FCA Announces Signing of a 4.8 Billion Euros Syndicated Revolving Credit Facility
Jun 10, 2015
LONDON -- June 9, 2015: Fiat Chrysler Automobiles N.V. ("FCA") announced today that it has entered into a â¬4.8 billion syndicated revolving credit facility ("RCF") with a group of twelve bookrunner banks. The RCF will be available for general corporate purposes and working capital needs of the Group, and will repl ... Continue reading
Nutson's Automotive News Review - Week of June 1-7, 2015
Jun 7, 2015
Nutson's Automotive News Review - Week of June 1-7, 2015 ... Continue reading
Hyundai Capital America Congratulates Its Diversity Award Winners
Jun 5, 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 proud to recognize its recent diversity award winners. 2015 California Most Powerful and Influential Woman Award Congratulations to Karen Moon, HCA's vice president, Servicing ... Continue reading
Equifax Reports Ten-Year Low in Auto Loan Severe Delinquencies, Record High in New Loan Originations
Jun 4, 2015
As summer selling season heats up, auto consumer demand for loans and leases sizzles ATLANTA -- June 4, 2015: According to the latest Equifax Inc. National Consumer Credit Trends Report, new auto loan originations have reached record highs, while severe delinquency rates are the lowest they have been in nearly a decade ... Continue reading
New Vehicle Loans - Longer Terms Larger Amounts
Jun 2, 2015
auto loans rising longer terms.. consumers getting intercoursed ... Continue reading
Thinking of Leasing? Join The Crowd
Jun 2, 2015
Record Number of Americans Leasing Autos Washington DC June 2, 2015; The AIADA online newsletter reported that with new vehicle prices climbing to all-time highs, a record number of Americans are turning to leases in a bid to keep monthly payments as low as possible, reports CNBC. "The difference between a monthly paym ... Continue reading
Nutson's Automotive News Recap - Week of May 25-31, 2015
May 31, 2015
Nutson's Automotive News Recap - Week of May 25-31, 2015 ... Continue reading
Honda and Acura Financial Services Launch Digital Campaign for 2015 College Grads
May 29, 2015
Partnering with YouTube influencers to help grads understand car buying and save some money TORRANCE, CA -- May 29, 2015: Seeking to connect with graduating college students, American Honda Finance Corporation (AHFC) has launched two digital campaigns promoting their Honda and Acura College Grad programs. GradDad from ... Continue reading
Hyundai Motor Finance and BoostUp Offer Congratulations (and Cash) to the Class of 2015
May 25, 2015
Dear Class of 2015, As you embark on a new chapter in your lives, and trade the classroom for the office, the quad for the water cooler, and lazy strolls to your noon class for rush-hour traffic, Hyundai Motor Finance (HMF) would like to use this occasion to offer you our heartfelt congratulations, as well as a little ... Continue reading
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