CFPB Isn’t Going Anywhere, Ally’s Soto Says, So Better Be Prepared
Dan Soto, chief compliance officer for Ally Financial Inc. asked attendees at the American Financial Services Association's 19th annual Vehicle ...
Auto Loan Balances Near $1 Trillion, Equifax Says
The total balance of auto loans was $975 billion at year- end 2014, according to Equifax Inc.’s National Consumer Credit ...
Falling Oil Prices May Boost Vehicle Financing in 2015, S&P Says
The drop in oil prices and the decreasing amount consumers are paying at the pump may boost auto sales and financing, ...
On the Horizon: Tougher Sales Environment and Pricing Pressure
A tough vehicle sales market and profit pressures are on the auto finance horizon. That was the message from a ...
Mercedes-AMG Buys Stake in Bike Maker
Mercedes-AMG, the sports car and performance brand of Daimler AG, has agreed to acquire 25% of Italian motorbike manufacturer MV ...
Are ‘Stupid’ Loans Making a Comeback?
With new-vehicle sales slowing, a Honda Motor Co. executive fears that lenders are relying on extended-term loans to spur volume. ...
Exeter Launches New, Faster Origination Platform
Subprime auto lender Exeter Finance Corp. has launched a new origination platform, which the company claims can produce a decision in ...
Daimler FS Expecting Best Year Ever
Daimler Financial Services recorded earnings before interest and tax of nearly €1.1 billion ($1.4 billion) through September 2014, up 14% from ...
