Features | Auto Finance News - Part 7

Lenders Are ‘In Limbo’ Amid Potential Changes to CFPB Fair Lending Policies

  The battle over how the Consumer Financial Protection Bureau polices discrimination cases has long been one of the most contentious wars waged between the auto finance industry and its regulators. This battle had led to multi-million-dollar consent orders, has forced or persuaded several lenders to cap their dealer compensation rates, and has prompted at […]

Remodeling Residuals: As Autonomous Technology Matures, Will Today’s Cars Face A Steep Residual Drop?

There are currently about 1.4 billion cars on the road. By 2020, many of those cars — and eventually all, in the much longer term — are predicted to be replaced by self-driving vehicles. But in the transition to fully autonomous vehicles, a deluge of early semiautonomous iterations are expected to flood the used-car market […]

5 Ways Mobility Will Change the Secondary Market

New ownership and mobility models are popping up all over the auto finance space and that’s driving new innovations in the auto ABS market as well. As more and more consumers switch to fleet-focused mobility offerings, it’s forcing investors and issuers to think differently about the assets they are securitizing. For example, some believe issuers […]

4 Fundamental Ways to Bolster Human Resources Development

Technology in the auto industry and the workplace are constantly growing and updating, but if finance companies and dealerships aren’t careful, these changes could leave them with an uninformed and unprepared workforce. The emergence of disruptive technologies and practices such as ridesharing, autonomous vehicles, and online direct dealing are already beginning to send ripples throughout […]

5 Private-Equity Trends to Watch in 2018

In the recovery period following the great recession there was a surge of private-equity investment in the auto finance space, but since then enthusiasm has waned. Several firms are looking for an exit ramp from properties they have sunk billions of dollars into as delinquencies soar. Independent finance companies have been unable to stop delinquencies […]

Exec Spotlight: President Jeff Young to Help Grow Yamaha Finance Team

Yamaha Motor Finance Corp. USA will grow its team to more than 130 employees by the end of 2018 to accommodate the captive’s growth and new programs, Powersports Finance has learned. The team has — and will continue to be led — by newly promoted President Jeff Young, who has been with the company since […]
  • Natalie Mattila
  • February 1, 2018
  • Features

Santander Exec Aims to Bolster Growth of Fiat Chrysler Automobiles

Santander Consumer USA (SC) is focused on bolstering its relationship with Fiat Chrysler Automobiles (FCA), following the addition of Rich Morrin as president of Chrysler Capital and auto relationships. The subprime lender continued its executive-level shakeup in early October 2017 with the appointment of a new chief financial officer, a head of operations, and president […]
Page 7 of 12« First...«56789 » 10...Last »