Innovation & Technology | Auto Finance News - Part 169

Toyota and the Hydrogen Highway

Toyota Motor Sales Inc. and its captive Toyota Motor Credit Corp are working with a group of partners to help develop and put in place hydrogen refueling stations across California, a move intended to increase the appeal of the company’s new hydrogen fuel cell sedan. Hydrogen is a naturally occurring gas that can also be […] Millennials Search High, Pay Low

Millennials, it seems, will continue to be the toughest sell in the auto industry, according a new study focusing on generational shopping habits released by commissioned Placed, Inc. to research millennials’ priorities as they begin the car-buying process, and found that 65% of shoppers ages 18 to 34 use a smartphone to conduct […]

Tesla Pumps Fist in Jersey Victory

  Tesla Motors, Inc. has triumphed in New Jersey after a bill was passed by the state assembly’s Consumer Affairs Committee last week allowing the electric car company to open two new showrooms in the state, and to resume sales in its two existing distribution centers. The new bill reverses a March ruling from the […]

TD’s Paul Clark to Deliver Keynote at 2014 Auto Finance Summit

Paul Clark, executive vice president of TD Bank Group and president and chief executive officer of TD Auto Finance, will be the keynote speaker at the 2014 Auto Finance Summit. The 14th annual Auto Finance Summit will take place Oct. 6-8 at the Aria Las Vegas, and Clark will present the keynote address on Monday, […]

Stickney Dishes on First Niagara’s New LOS, Growth Plans

First Niagara Bank has wrapped up a six-month project to implement a new CMSI loan-origination system, overhauling its largely manual system and improving turnaround time. Last month, Buffalo, N.Y.-based First Niagara migrated its 1,200 dealers onto thenew platform, which analyzes “a myriad” of factors to better price for risk, Vice President Craig Stickney told Auto […]

Auto Finance Outstandings Hit Record $822.1 Billion in 2013

Bolstered by nearly 30% growth in originations, auto finance outstandings closed out 2013 at a record $822.1 billion, data released today shows. Loan and lease outstandings last year among the top 100 financiers grew at a 14% clip, more than double the increase in 2012, according to the 2014 Auto Finance Big Wheels data report, […]
Page 169 of 170« First...140150160«166167168169170 »