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Jaguar Land Rover parent approaches BMW, Geely in hunt for partners

Tata Group, the owner of Jaguar Land Rover, has approached carmakers including China’s Zhejiang Geely Holding

Arivo Acceptance secures warehouse facility with JPMorgan Chase

Subprime lender Arivo Acceptance has secured an expandable $200 million warehouse line of credit with JPMorgan

Florida credit union issues $185M inaugural ABS deal 

GTE Federal Credit Union (GTE Financial) has prepped its first-ever securitization backed by $184.8 million in

Chase Auto pilots subscription model, questions scalability

LAS VEGAS — Chase Auto is experimenting in the subscription service space by funding a “cross-product

Fraudster sentenced to 8 years in prison for $1m auto scheme 

Two months after pleading guilty to bank fraud and aggravated identity theft, John O’Day was sentenced

Rodo integrates insurance into app to mitigate cancellations

LAS VEGAS — Digital leasing app Rodo has launched an insurance marketplace in conjunction with Travelers

NMAC wins $2.5m in floorplan fraud case

A federal judge has ruled in favor of Nissan Motor Acceptance Corp. after it was determined

American Car Center issues third nonprime lease securitization

American Car Center securitized $283 million of nonprime auto leases, its second transaction of the year

Credit Union Auto Lending Surges

David Thompson

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