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Synchrony Financial plans to boost its investment in the industry, in response to an increasingly competitive landscape, said Keith Mait, Synchrony’s vice president of powersports.
“Synchrony is actively investing in powersports through two primary channels,” Mait said. “The first is strengthening our partnerships with our existing OEM customers and their dealer networks,” and the second “is through selective growth within our powersports portfolio,” he added.
Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
