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These days no one is safe from the ALS Ice Bucket Challenge, not even Mike Groff, chief executive at Toyota Financial Services. Groff and a few associates accepted the chilly challenge outside of the company’s headquarters in Torrance, Calif. last week. Despite the frivolous nature of the challenge, the campaign has raised $112.4 million, as of today, and has become an important lesson for auto finance companies looking to go viral and make it big.
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
