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...
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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...
