Ally Financial’s floorplan outstandings rise 46% from Q3
Ally Financial’s floorplan outstandings grew in the fourth quarter as the lender gained momentum in a rising rate environment. While ...
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Floorplans mostly absent from 2021 ABS volume
Floorplan-backed securitizations all but disappeared in 2021. Nextgear Capital was the sole floorplan securitizer with a single $500 million transaction ...
Auto drives retail loan growth at Citizens
Citizens One Auto Finance’s portfolio grew yet again in the fourth quarter, marking the fourth consecutive quarter of year-over-year growth ...
US Bank’s auto outstandings increase for sixth consecutive quarter, up 26% YOY
Auto loan production in the fourth quarter pushed up U.S. Bank’s retail loan growth as the lender prepares for more ...
RumbleOn inks partnership with JD Power
Powersports retailer and financier RumbleOn has inked a partnership with JD Power to offer “instant cash offers” on powersports vehicles ...
Alston & Bird Partner John Redding joins Auto Finance Risk Summit speaker faculty
John Redding, partner, Alston & Bird Alston & Bird partner John Redding is returning to the Auto Finance Risk Summit ...
TrueCar founder’s new venture will get you a Tesla in 10 minutes
For drivers who dream of cruising around in a Tesla Inc. but can’t afford one -- or just have commitment ...
Aston Martin struggles to keep its turnaround momentum going
When Aston Martin prepared for its stock market debut in 2018, it sought to lure investors with scarcity value. There were ...
