Dealership Seeks Lower Down Payment Options as Slow Season Hits
The Adam Smith Harley-Davidson dealership family is seeking lower down payment offerings from its lender partners as the cold weather ...
Capital One CEO: Post-Recession Auto Volume Not Likely to Occur ‘Again In Our Lifetime’
Rising credit losses and “rapid normalization” in Capital One Auto Finance Inc.’s portfolio has caused the company to be “very ...
REV Group Partners With Wells Fargo CDF for Inventory Financing
Specialty vehicle manufacturer REV Group Inc. partnered with Wells Fargo Commercial Distribution Finance to launch REV Financial Services, a new wholesale captive ...
‘Substantial’ Growth on the Horizon for ThunderRoad Financial
In April, ThunderRoad Financial LLC became the second powersports lender in the industry to issue a securitzation backed by prime ...
Santander Files 2Q Results, Originations Down 29% YoY
Santander Consumer USA Inc.’s originations for the second quarter dropped 29% year over year, to $5.4 billion, from $7.6 billion ...
Ally Acquires BlueYield as Auto Originations Decline
Ally Financial Inc. is building up its direct auto lending with the acquisition of BlueYield, an online auto lender exchange ...
TDECU Mulls Leasing Options
LAS VEGAS — Texas Dow Employees Credit Union could consider a lease program for powersports, as leasing becomes a more “viable product” ...
Ford Credit’s Lease Originations down 14% YoY in the Third Quarter
Ford Motor Credit Co.’s third quarter overall retail contracts were down 16% year over year to 384,000, compared with the ...
