Earnings
TrueCar to Add Finance Options to Website and Apps
TrueCar Chief Financial Officer Michael Guthrie told Auto Finance News today that the company plans to add auto financing features to its website and...
Leasing Grows at Tesla
Lease volume grew 86% in the fourth quarter of 2014 at Tesla Motors. During the quarter, Tesla leased 647 Model...
NMAC Loan Volumes Up 10.4%
Nissan Motor Acceptance reported favorable earnings for its fiscal period ending December 31, 2014. NMAC reported a boost in assets...
GMF Leasing Soars at the End of 2014, Expects More Growth in 2015
General Motors Financial Co.’s consumer originations in North America were at $1.93 billion in the fourth quarter, up from $1.15...
AutoNation CEO Bullish on 2015: ‘People Pay Their Auto Loans’
AutoNation Chief Executive Mike Jackson sees good things for the auto finance industry in 2015. Jackson shared his thoughts on...
Jeffrey Brown Named New CEO at Ally
Jeffrey J. Brown replaced Michael A. Carpenter as chief executive of Ally Financial Inc., effective yesterday. Carpenter, who joined Ally...
SCUSA Originations Up for the Year, Down for the Quarter
Santander Consumer USA reported total originations of $6.1 billion for the fourth quarter, up from $5.8 billion at the same...
Credit Acceptance Securitization Deal Hits $300 Million
Southfield, Mich.-based Credit Acceptance Corp. is posting strong earnings for the fourth quarter of 2014 and boasting about a hefty...
