Management
Truist taps Regional Acceptance’s Bill Jones as head of auto division
Longtime Regional Acceptance Corp. Chief Executive Bill Jones take the reins as head of Truist Bank’s auto division, to be called...
Vietnam’s richest man bets $2B to sell cars to Americans
The billionaire behind six-month-old Vietnamese auto startup VinFast plans a feat even Toyota Motor Corp. and Hyundai Motor Co. couldn’t...
BB&T-SunTrust merger puts Truist Bank among top-20 auto financiers
With the BB&T Bank-SunTrust Bank merger complete, the combined auto finance business of newly minted Truist Bank creates a $16.7 billion...
Global Lending Services adds staff as originations swell
Global Lending Services is on pace to grow origination volume 50% year over year, to $1.7 billion, Chief Executive Steve...
Ally’s Doug Timmerman named Auto Finance Executive of the Year
Auto Finance News is pleased to announce Doug Timmerman, Ally Financial’s president of auto, as the inaugural Auto Finance Executive...
Westlake president outlines strategy to cut costs
Lowering operating costs in 2020 is top of mind for Westlake Financial Services Group President Ian Anderson. “My goal really...
Wells Fargo hires new COO from Santander
Scott Powell, the head of Banco Santander SA’s U.S. business, is joining Wells Fargo & Co. to be a top...
Attorney for indicted dealer questions fraud claims
The attorney for Andrew Gabler, an Erie, Pa.-based auto dealer who was indicted on 17 counts of auto fraud in...
