Auto Finance News | The News That Drives the Industry

3 Reasons Why Consumers Are Driving Used-Vehicles Longer

VW, Ford Join to Make Vans and Explore Work on Electric Cars

Auto Finance Accelerate Agenda Explores Sales and Marketing

VW, Ford Join to Make Vans and Explore Work on Electric Cars

Volkswagen AG and Ford Motor Co. will join forces to build pickup trucks, delivery vans and possibly more, pledging to put old rivalries aside and work together to confront a rapidly changing auto industry. The pair is set to start delivering medium-sized pickup trucks from 2022, VW and Ford said in a statement Tuesday. The […]

Auto Finance Innovation Summit to Delve Into Leading-Edge Auto Finance Tech

ZestFinance Makes Machine Learning Tools Available Via Microsoft Cloud

2019 Survival Guide: How Lenders Are Planning for the Year Ahead

NETSOL Technologies Signs On as Diamond Sponsor for Auto Finance Summit and AF Accelerate

See All Innovation & Mobility

From Auto Finance Excellence

3 Reasons Why Consumers Are Driving Used-Vehicles Longer

Forum Credit Union’s Ben Wire on Lending’s Competitive Landscape

Videos

Westlake Exec Outlines Auto Finance Strategy for the Current Economic Cycle [VIDEO]

From Profitability to Viability, Execs Weigh In on Subscription Services [VIDEO]

Hyundai Capital America CEO on the Challenges the Company Faces and His Push for Efficiency [VIDEO]

See All Videos

Auto Finance Risk Summit to Examine Top Strategies for Risk Management

The auto finance market today has thrown a curveball at lenders with rising interest rates, slipping new-vehicle sales, uncertain regulations, and mounting dealership fraud. The 12th annual Auto Finance Risk Summit will delve into these issues and others of top concern for lenders. Auto Finance Risk Summit participants will gain insights on fraud risk, learn […]

Nicole Casperson
January 16, 2019
Risk

Financing Implications Uncertain for Ford, Volkswagen Alliance

The Volkswagen AG and Ford Motor Co. alliance will likely serve as an opportunity for the OEMs’ captives to collaborate on financing, though the timeline remains uncertain as the alliance is very new, analysts told Auto Finance News. An OEM, its captive, and its dealer partners operate in an enterprise fashion, Jeremy Acevedo, Edmund’s manager […]

Nicole Casperson
January 16, 2019
Operations, Strategy

3 Reasons Why Consumers Are Driving Used-Vehicles Longer

Cars are lasting longer, period. I’ve proved that with a sample of one by rolling to 200,000 miles just recently in my 2004 Toyota Sequoia. The motivation for doing this was partly to keep up with my sister in Northern California. She loyally and voraciously maintains mountain-ready Toyota trucks and SUVs well past 200,000 miles. […]

Samuel Ellis
January 16, 2019
Auto Finance Excellence, Sales & Marketing

Massachusetts AG Slaps Lender With $700,000 Fine for Deceptive Practices

Massachusetts Attorney General Maura Healey has ordered Sensible Auto Lending LLC to pay $733,925 to resolve allegations it knowingly facilitated the sale of defective vehicles by certain used-car dealerships. The Danbury, Conn.-based auto lender agreed to provide relief for consumers who were “cheated” by F&R Auto Sales Inc. and three other Massachusetts dealerships from August […]

Bianca Chan
January 15, 2019
Compliance, Risk, Strategy

VW, Ford Join to Make Vans and Explore Work on Electric Cars

Bloomberg News
January 15, 2019
Innovation & Mobility, Operations, Sales & Marketing

The Benefits of Artificial Intelligence in Auto Lending

We are inundated with discussion about how new technologies promise to change the way that we do business and live our lives. Yes, many of these proclamations offer rhetorical flourish and grand visions. That said, there are new technologies available and startups that are maximizing these technologies to transform the auto industry — even today. […]

Aclaro
January 15, 2019
Sponsored, Technology

Auto Finance Innovation Summit to Delve Into Leading-Edge Auto Finance Tech

Developments in machine learning, subscription services, and blockchain are spurring lenders to rethink and refine their operations. The 4th Annual Auto Finance Innovation Summit, a part of the week-long event Auto Finance Accelerate, will explore what innovations have true importance to the industry, and how those technologies can be refashioned to break auto finance’s mold. […]

Nicole Casperson
January 14, 2019
Innovation & Mobility

Ford Motor Credit Demands $112M From Dealership Chain for Fraud Scheme

Ford Motor Credit Co. claims it is owed $112 million from Reagor Dykes Auto Group and owners Bart Reagor and Rick Dykes, for “hiding what may be one of the largest floorplan financing frauds in the history of the U.S. from Ford Credit,” the captive said in a motion filed Jan. 7. Ford Credit claimed […]

Nicole Casperson
January 14, 2019
Compliance, Operations, Risk