William Hoffman | Auto Finance News | Page 7 | Auto Finance News - Part 7

How Lenders Can Translate U.S. Practices to China’s Marketplace

Many lenders look to China and assume that if the country can achieve financing penetration rates north of 75% as the U.S. market enjoys, then it will quickly become the largest market in the world. But that’s not a realistic model for growth in China, Chas Roscow, an auto finance consultant, told Auto Finance News. […]
  • William Hoffman
  • August 14, 2018
  • Archives

Flagship to Add Lenders, Customization Options on CarFinance.com

CarFinance.com is building a platform for its lender partners to “build their own” portals on the website, chief executive Craig Hewitt told Auto Finance News. The new offering from CarFinance.com will allow its lender partners to pick and choose the financial products they offer through the portal, Hewitt said. “We’re designed to be the consumer landing […]

3 Shanghai Automotive Leasing Executives to Speak at Asia Summit

Three leading automotive leasing executives have joined the Auto Finance Summit Asia speaker roster to detail their experiences in the industry and share insights on how to grow leasing penetration in China. The panelists are all members of the event’s host partner the Shanghai Leasing Trade Association and will speak on a session entitled “The […]
  • William Hoffman
  • August 9, 2018

Tesla’s Accounting Changes Muddle Captive’s Results

Tesla Financial Services reported growth in its leasing portfolio, but because of an accounting change, it showed large declines over the last year, according to the company’s second-quarter earnings released today. Not adjusting for the accounting change, Tesla reports a 17% year-over-year increase in its lease portfolio to $4.2 billion outstanding. Yet, accounting for the […]
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