Subprime Lender Axis Looks to Buy in Ripe Canadian M&A Market
Axis Auto Finance is “optimistic” that the current Canadian subprime lending field is ripe for acquisitions, and is looking for ...
Month: April 2017
American Cycle Sets Monthly Goal for Dealers, Ramps Up Training
American Cycle Finance set a monthly contract goal for its dealers in an effort to increase volume following the company’s ...
Wells Fargo Posts Double-Digit Auto Origination Decline
Via Wikimedia Commons Wells Fargo Dealer Services' first quarter consumer auto originations declined 29% year over year, as the company tightened its ...
Chase Auto Originates $8 Billion in First Quarter
Chase Auto Finance's first-quarter originations were down 16.6% year over year to $8 billion in loans and leases, the company ...
Wireless EV Charging Offers Investment Options for Financiers
There is a massive rush to advance mobility, beyond just traditional rideshare, and the financing beneath the mobility infrastructure has ...
BMW Dealer Becomes First to Offer Virtual Reality Test Rides
Long Beach BMW Motorcycles is now offering virtual reality test rides, becoming the first BMW dealer to offer the experience ...
EV Automaker Partners With Zoomcar to Help Buyers Offset Loan Payments
Mahindra Electric teamed up with peer-to-peer car-rental company Zoomcar in India, in an effort to help consumers offset monthly loan ...
CREDIT: Delinquencies Rise, Lenders Tighten Credit
Subprime 60-plus-day delinquencies declined to 4.28% in February, compared with 5.09% in January, according to S&P Global. Year over year, however, ...
