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REV Group Partners With Wells Fargo CDF for Inventory Financing
Specialty vehicle manufacturer REV Group Inc. partnered with Wells Fargo Commercial Distribution Finance to launch REV Financial Services, a new wholesale captive...
‘Substantial’ Growth on the Horizon for ThunderRoad Financial
In April, ThunderRoad Financial LLC became the second powersports lender in the industry to issue a securitzation backed by prime...
Santander Files 2Q Results, Originations Down 29% YoY
Santander Consumer USA Inc.’s originations for the second quarter dropped 29% year over year, to $5.4 billion, from $7.6 billion...
Ally Acquires BlueYield as Auto Originations Decline
Ally Financial Inc. is building up its direct auto lending with the acquisition of BlueYield, an online auto lender exchange...
Ford Credit’s Lease Originations down 14% YoY in the Third Quarter
Ford Motor Credit Co.’s third quarter overall retail contracts were down 16% year over year to 384,000, compared with the...
Tesla More Than Quadruples Lease Volume YoY
Tesla Model X Tesla Finance delivered 2,934 Model S and Model X vehicles through its lease program in the third...
Registration for the Auto Finance Risk & Compliance Summit Kicks Off
Registration in now open for the 2017 Auto Finance Risk & Compliance Summit – the only industry event that offers a...
AutoGravity Signs On as Diamond Sponsor for Auto Finance Innovation
AutoGravity — a digital auto loan aggregator — has joined Auto Finance Innovation 2017 as a diamond sponsor. Irvine, Calif.-based...
