Oct 29, 2018
The Auto Channel content library (since 1995) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images. The Auto Channel® The Web's Original Automotive Content Library(Found ... Continue reading
TruDecision Appoints Auto Finance Veteran Joel Kennedy as Chief Operating Officer
Oct 22, 2018
Kennedy is the latest addition to the TruDecision executive team, and brings over 21 years of executive experience in auto lending operations, technology and compliance. ... Continue reading
NADA End-of-Day Automotive News Recap
Oct 10, 2018
October 10, 2010: VW Chooses American President for VW America; Scott Keogh, who has led Audi to almost nine years of monthly U.S. sales gains, will become the first American in 25 years to lead Volkswagen in his home country. The 49-year-old native New Yorker takes over on Nov. ... Continue reading
Aug 15, 2018
ST. LOUIS, Aug.Fusz Select monthly car subscription; An alternative to owning or leasing. Subscribe instead. Drive SUVs for family trips, fun sports cars for date nights, and luxury sedans for the daily commute. Insurance, maintenance, cleaning, and unlimited flips included.(not a paid advertisement) ... Continue reading
GM Financial Leads in Customer Loyalty Among Captive Lenders for Second Consecutive Year
Aug 7, 2018
According to GM Financial analysis of IHS Markit lease and retail return to market manufacturer loyalty data for calendar year 2017.* In the 2017 calendar year, GM Financial had the highest manufacturer loyalty rate for returning lessees, where 81 percent of existing lease customers that returned to market repurchased ... Continue reading
GM Financial Reports June Quarter 2018 Operating Results
Jul 25, 2018
FORT WORTH, Texas--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) announced net income of $442 million for the quarter ended June 30, 2018, compared to $62 million for the quarter ended June 30, 2017. Net income for the six months ended June 30, 2018 was $811 million, compared to $264 ... Continue reading
Ally and NAMAD Honor Rising Auto Retail Leader with the Inaugural 'Ally Sees Her' Award
Jul 16, 2018
CHICAGO, July 12, 2018 -- Ally Financial and the National Association of Minority Automobile Dealers (NAMAD) honored Karmala Sutton, dealer in training at Honda of Kenosha in Bristol, Wisc., with the first-ever Ally Sees Her Award today during NAMAD's 2018 Annual Membership Meeting in Chicago. Sutton received the award ... Continue reading
Toyota Partners With Plug and Play to promote FinTech Open Innovation
Jun 27, 2018
PLANO, Texas (June 27, 2018) – Toyota Financial Services (TFS) today announced a global partnership with Silicon Valley innovator Plug and Play. Together, the companies intend to promote corporate innovation with startup companies offering financial services solutions. ... Continue reading
U.S. Federal Reserve Raises Short-Loan Term Rate - Comments
Jun 13, 2018
Atlanta June 13, 2019; The Federal Reserve today raised the official short-term rate policy by .25 points. The move by the Federal Reserve was widely expected, the result of continued strong economic growth combined with inflation reaching the Fed’s target. ... Continue reading
New CFO At General Motors - Stevens Retires, Suryadevara Replaces
Jun 13, 2018
DETROIT June 13, 2018; General Motors Co. today announced Chuck Stevens, GM executive vice president and Chief Financial Officer, has indicated his plans to retire after more than 40 years with the company, effective March 1, 2019. ... Continue reading
Jun 12, 2018
DALLAS--DIMONT, a Dallas-based provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries,During the conference’s Fraud Friday on June 1, Brosnan and four other industry experts participated in the Portfolio Fraud Prevention panel and offered ... Continue reading
Ally Financial Spreads Their Name
Mar 24, 2018
LAS VEGAS - Ally Financial made a pair of moves this week to enhance its position as a provider that can cater to shoppers who are looking to complete at least some of the financing process online. First, Clearlane — Ally’s online auto financing platform — announced the development of Clearmatch, a digital servic ... Continue reading
Daimler AG welcomes new long-term shareholder
Feb 24, 2018
Daimler AG confirms that the entrepreneur Li Shufu has acquired 9.69% (103,619,340 shares) of the company. Daimler is pleased to announce that with Li Shufu it could win another long-term orientated shareholder, which is convinced by Daimler’s innovation strength, the strategy and the future potential. ... Continue reading
Feb 22, 2018
DEARBORN, Mich.--Ford Motor Company today announced key changes to its senior management team as it continues to strengthen its automotive business, improve the company’s operational fitness, and accelerate a strategic shift to capitalize on emerging opportunities. In announcing the leadership changes, Ford President ... Continue reading
AutoGravity Names Meesh Pierce as Vice President of Product Management
Feb 8, 2018
AutoGravity, a FinTech pioneer on a mission to transform car financing by harnessing the power of the smartphone, today announced the appointment of Meesh Pierce as Vice President of Product Management. “Meesh is a seasoned leader with deep expertise in building industry-changing products. ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
