DOJ Settles ‘Buy Here, Pay Here’ Lawsuit
The Department of Justice announced a settlement of the federal government’s first-ever discrimination lawsuit involving “buy here, pay here” auto ...
Auto Finance Market ‘Working For Everybody,’ Manheim Says
2015 is shaping up to be a banner year in auto finance, according to Manheim Chief Economist Tom Webb, for ...
NMAC Loan Volumes Up 10.4%
Nissan Motor Acceptance reported favorable earnings for its fiscal period ending December 31, 2014. NMAC reported a boost in assets ...
Citizens Renames Auto Group, Will Inch Down Credit in ’15
Citizens Financial Group, Inc.’s auto finance group will now be named Citizens One Auto Finance, the bank announced last week. Previously known ...
Ally Compliance Chief to Give AFRCS Keynote
Daniel Soto, Ally Financial Inc.’s chief compliance officer, will be the keynote speaker at the 2015 Auto Finance Risk and ...
BBVA Plans to Grow Subprime in 2015
Birmingham, Ala.-based BBVA Compass is continuing to look at moving down the credit spectrum in 2015, said Shayan Khwaja, the ...
What Pete Carroll’s Goal-Line Decision Says About Auto Finance Strategy
Not 10 seconds after Malcolm Butler of the New England Patriots intercepted Russell Wilson’s pass and sealed a Super Bowl ...
How Millennials Want to Borrow, and How They Want to Pay
They’re coming, millennial customers. Actually, they’re already here, and the largest generation in history — there are more millennials than ...
