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Faster Turnarounds Ahead at First Niagara
First Niagara Bank hit the ground running when it debuted its indirect auto loan business back in February 2012. During...
It’s Official: Toyota Financial Services Moving to Lone Star State
The hallways inside Toyota Financial Services sprawling campus in Torrance, Calif., were likely alive with chatter and concerned conversation Monday...
US Auto Loan Balances up 10.3%
The total number of auto loans outstanding in March 2014 was more than 320 million, which is the highest since...
BankUnited Puts Auto Under the Microscope
BankUnited’s indirect auto loan business is under the microscope thanks to increased regulation and low margins, CEO John Adam Kanas...
Even Auto Lenders Are Now Aiming to Capitalize on Crowdfunding
There are crowdfunding ventures for startups in energy, education, media, science, video, healthcare ... and now auto finance. At least...
Lithia Scores Eyepopping F&I Sales Growth
Lithia Motors Inc., one of the nation's leading dealership chains, today reported substantially higher F&I revenue and growth last quarter....
Auto Big Growth Driver at TCF
Minnesota-based TCF Financial Corp.’s auto lending unit was a key growth driver at the bank over the past few quarters,...
Regions Focuses on Deeper Dealer Penetration
Birmingham, Ala.-based Regions Financial Corp.’s indirect auto portfolio increased 6% to $3.2 billion in the first quarter of 2014, compared...
