SCOTTSDALE, Ariz. — Subprime lender Pelican Auto Finance LLC expects to launch its Customer Engagement 2.0 initiative in 2016, introducing ...

Horst Meima becomes the new president and CEO of captive finance company VW Credit, based in Herndon, Va., effective Jan. ...

Both prime and subprime ABS losses are trending higher, according to Fitch Ratings: subprime annualized net losses (ANL) rose, for ...

 SCOTTSDALE, Ariz. — DriveTime Automotive Group is in the final phase of prepping a paperless loan modification system, to be ...

Salt Lake City-based subprime lender Prestige Financial Services announced back in September it would join the pipeline of direct lenders, ...

Ford Motor Credit Co. is maintaining its typical below-industry-average share of subprime auto loan originations, even a little lower in ...

Santander Consumer USA will open two servicing centers in Mesa, Ariz., and in San Juan, Puerto Rico, in 2016. The ...

Captive finance company Nissan Motor Acceptance Corp. expects to originate more loans for commercial users and fleets in 2016, according to President ...