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World Omni Launches Call Center Tool to Enhance Customer Experience
World Omni Financial Corp. continues to invest in technology to improve customer services, following the launch of its new call...
Hertz Downsizes Rental Fleet, but Upsizes Rideshare
Hertz Global Holdings Inc. reduced its total average fleet by 1% year over year, but increased the number of vehicles...
LightStream Grows Despite Consumer Awareness Hurdles
LightStream’s powersports originations continue to grow, despite challenges to raise consumer awareness about the company’s unsecured loan offering, Business Development...
Uber Weighs Options for Xchange Leasing, Including Sell-Off
Uber Technologies Inc. is considering selling or consolidating its leasing program -- Xchange Leasing -- which provides subprime car leases...
Regulators Examine Wells Fargo’s GAP Insurance Policy
Wells Fargo Dealer Services disclosed on Friday that it is now facing scrutiny over its guaranteed asset protection (GAP) insurance...
AmeriCredit’s ABS Performance Remains Stable, Moody’s Says
AmeriCredit’s subprime ABS deals "have weathered better than its subprime peers" -- including the lender's most recent securitization -- thanks...
Regions’ Indirect Portfolio Drops 9.8% in 2Q
Regions Financial Corp.’s indirect vehicle lending balances dipped 9.8% year over year to $3.7 billion in the second quarter, according...
Santander Looks to Grow RoadLoans.com
Santander Consumer USA drove $69 million worth of volume through online origination portal RoadLoans.com in the second quarter, up 35%...
