Strong Canadian Car Sales May Push Lenders to U.S. ABS Market
© Can Stock Photo / daoleduc With Canadian new-vehicle sales rising, more banks and captives may be encouraged to seek...
World Omni Rebrands Finance Business Under Southeast Toyota Name
JM Family Enterprises Inc. is consolidating its two financial lending brands under a single name by dropping World Omni Financial...
Westlake Plans Expansion Into Canada, Puts Used-Leasing on Backburner
© Can Stock Photo / davepark Westlake Financial Services is “aggressively looking to grow” its business into Ontario, Canada, in...
Industry Awaits Clarification on Military Lending Act
© Can Stock Photo / ia_64 As Memorial Day approaches and the nation remembers those who have died in active...
Tesla Reorganizes Leadership as Executives Leave to Join Startups
Diarmuid O'Connell Tesla Inc. is embarking on a "thorough reorganization" of its executive team, following several departures including the electric-vehicle...
Used-Car Marketplace Heats Up in Southeast Asia
Courtesy of Carousell Two Southeast Asian used-car sale platforms have received venture capital funding this week, bringing more attention to...
Springboard Inks Deal With Carvana to Boost Nonprime Volume, Plans Full-Spectrum Push
© Can Stock Photo / atee83 Car-shopping platform Carvana has added SpringboardAuto to its lender lineup to focus on consumers...
Interest Rates, Spread Spur 12 Securitizations in Two Weeks
© Can Stock Photo / tuk69tuk Positive market dynamics have prompted auto lenders to issue 12 securitizations in the first...
