OEM Steers Away From Subsidized Financing, For Now
KTM North America does not see the need to offer subsidized financing yet — while interest rates are still low...
Beware of Vendor ‘Trickle-Up Effect,’ Lawyer Advises
Lenders need to scrutinize their service providers closely, particularly as the powersports industry expands and more vendors enter the space,...
Retail Captive Poses Many Challenges, Off-Road OEMs Say
It’s an “open question” if Kawasaki Motors Corp. USAand KTM North America will form retail finance captives. However, launching a...
Chase Auto Finance Names O’Donovan as New CEO
JPMorgan Chase & Co. named Mark O’Donovan -- a 20-year Chase veteran -- as chief executive of auto finance, effective...
Westlake ALPS Acquires $4.6 Million Bulk Portfolio
Westlake Advanced Lending & Portfolio Services (ALPS), a division of Westlake Financial Services, announced today the acquisition of a $4.6...
Data Sharing Can Fast-Track Self-Driving Cars, Subcommittee Says
Data is the key to the safe deployment of automated and self-driving vehicles, said Hon. Paul Brubaker, president and chief...
MotoLease Offers Dealer Training in New Office
MotoLease LLC plans to use a newly acquired 12,000-square-foot office for quarterly, two-day dealer training seminars beginning in the first...
ThunderRoad Financial Partners With EBR Motorcycles
ThunderRoad Financial partnered with sportbike manufacturer EBR Motorcycles to offer retail financing to participating EBR dealers, the companies announced yesterday.
