The Auto Finance News team is pleased to announce that Jim Drotman, executive vice president of U.S., Canada and International Markets at Ford Motor Credit will join the editorial team for a fireside chat at the Auto Finance Summit on Thursday, Oct. 28, at 2:45 p.m.
Drotman will take the stage to discuss innovation initiatives, brand and risk management, and product development in the rapidly changing auto finance industry. He has served in various leadership roles at Ford Credit for 28 years across China, Europe and the United Kingdom, including president for Ford Automotive Finance China, and as managing director of U.K. and Ireland for Ford Credit.
Ford Credit was the fifth-largest auto lender in 2020 by volume, with $76.6 billion in outstandings. The captive originated $38.4 billion in auto loans last year, according to the 2021 Big Wheels Auto Finance Data Report.
Ford Credit posted a strong performance in 2020, despite the pandemic’s crippling effects on the industry. In the second quarter of 2020, Ford Credit was a “pillar of strength” for the Detroit-based auto manufacturer, and followed up with its strongest third quarter in 15 years, according to the company’s earnings presentation. The subsequent fourth quarter was the strongest in company history, largely driven by strong credit performance and increased used-vehicle values.
In addition to the fireside chat, the event will include the return of the Women in Auto Finance Luncheon, multiple networking opportunities and multitrack sessions focused on innovation and technology, and risk and compliance management. See the full agenda here.