Earnings
Chase Posts Auto Increase
Chase Auto Finance saw originations increase both year-over-year and from the prior quarter, making the business one of the few...
Forecast for Auto Finance’s Future
In today's rising rate environment, and despite surging car sales, the industry's future remains shaky. Compliance and competition -- call...
Did Ally’s CEO Deserve Nearly $10 Million in 2013?
Much has been made about the $0 salary of Ally Financial Inc. CEO Michael Carpenter over the last few years....
Carfinco’s U.S. Ops Could Represent 10% of Earnings in 2014
Carfinco’s move into the United States ― 118 days before yearend ― contributed $700,000 to earnings last year. At that...
Is Market Saturation Driving Down Rates?
Time magazine weighed in on the auto finance industry this weekend with a piece looking at the low rates currently being offered to...
Chase Cuts Dealerships
Chase Auto Finance has stopped accepting loan applications from 1,800 dealers ― about 11% of its dealer base ― according...
Ally Expects at Least $90 Million of Profit for 4Q13
Ally Financial Inc. expects to report net income in the $90-million-to-$110-million range when it releases fourth-quarter 2013 earnings on Feb....
GM Financial Reports Origination Growth, ‘Phenomenal’ Credit Performance in 2Q
General Motors Financial released 2Q12 earnings this afternoon, reporting a net income of $136 million, up from $96 million in...
