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BMWFS Lab’s Tech Startups Eager For Finance Solutions
BMW's futuristic Gina concept car (via Wikimedia Commons). October was the start of a 10 week workshop at BMW Financial Services’ UK...
More ‘Ugly Subprime’ Showing Up in Powersports, Higher Down Payments Required
LAS VEGAS — Delinquencies are rising and losses are peaking this year in the subprime spectrum of the powersports finance...
MBFS Appoints New CIO to Lead Digital Growth
Johan Swart has been named vice president and chief information officer of Mercedes-Benz Financial Services. Rodolfo Dominguez has been named...
Auto ABS Credit Shows Continued Deterioration, S&P Says
U.S. auto loan ABS continued to weaken in August, according to a report from S&P Global. Net losses and 60-plus-day...
Powersports Lenders Prefer ‘Personal Touch’ Over Text, Panelists Say
LAS VEGAS -- Despite changing technology trends, the “personal touch” -- such as a phone call -- is still the...
Five Companies Recognized for Achievements in Auto Finance
Five companies -- Mercedes-Benz Financial Services, Hyundai Capital America, Hyundai Motor Finance, Security Service Federal Credit Union, and Consumer Portfolio...
CPS Diversifies Funding To Prep For Next Recession
With a recession on the horizon, Consumer Portfolio Services Inc. is “putting away acorns for a rainy day,” President and...
Powersports Finance Requires Change to Foster Growth
LAS VEGAS — The powersports finance industry is finally experiencing a bit of advancement, following years of remaining “stagnant,” Chris Clovis, owner and...
