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Despite Increased Scrutiny, Financiers Bolster Efforts to Attract Servicemember Borrowers
While regulators have stepped up efforts to protect servicemembers from financial fraud, auto financiers are looking for ways to attract...
Toyota’s George Borst Urges Innovation to Prep for Future Growth
LAS VEGAS ― With rising new-car sales, pent-up demand, and strong capital markets, the pieces are in place for a...
RFID, Smart Chips on the Horizon for Floorplan Management
Floorplan financiers may soon take a page out of retailer Walmart’s playbook, implementing radio-frequency identification tags to track inventory. Radio-frequency...
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...
Bank of America Indirect Credit Performance Deteriorates
Bank of America Corp. showed marked deterioration in its auto finance portfolio last quarter, as the Charlotte, N.C., increased its...
