Earnings
CarFinance Says Goodbye to Indirect Auto
The CarFinance Capital LLC brand has been “retired” as an indirect auto finance provider, according to a presale report from...
Auto Loans on the Horizon for Lending Club
Auto loans are on the way from Lending Club, according to Chief Executive Renaud Laplanche. “The stated goal is quite...
Chrome Capital Doubles YoY Originations
Chrome Capital doubled its year-over-year lease originations in 2015, Peter Wasmer, Chrome’s founder, president, and chief executive, told Powersports Finance. “We...
Tesla’s 2015 Lease Revenue Scores Triple-Digit Growth Rate
Tesla Motors leased 2,598 Model S cars through its direct leasing program in 2015 overall, up from 1,152 cars in 2014...
Sheffield Reports Jump in Past-Dues, Net Charge-Offs in 4Q
Fourth quarter 2015 loan originations for Sheffield Financial were not as robust as they were in 4Q14, Jack Snow, Sheffield’s founder,...
Ally is ‘Comfortable’ in Used Market
Ally Financial Inc. reported this morning that its full year auto originations volume for 2015 is unchanged from the same...
Ford Credit Sees Loyalty Opportunity, as Lease Return Volume Grows
Ford Motor Credit Co. expects higher lease return volume this year, the company said yesterday. Lease returns are a way...
Ford Credit Reports 9% Growth in U.S. Volume
Ford Motor Credit Co. reported today higher overall volume and another record- low repossession rate for the fourth quarter of...
