Risk Management
The Good and Bad News in a Blowout October SAAR
On the surface, car sale numbers for last month should be a source of joy for the auto industry. The...
TD Auto to Merge U.S. Contact Centers
TD Auto Finance U.S., the auto financing arm of the Canadian TD Bank, today announced that it is set to consolidate its...
True to Form, Warren, Cordray Slam Auto Finance
Sen. Elizabeth Warren (D-Mass.) complained about discrimination and other shady practices in auto finance, in a recent appearance with Director...
Fan Base Drives Alfa Sales … For Now
Incentives are creeping higher, but the Alfa Romeo brand is an exception to the rule, analysts said. Average incentive spending for...
Western Funding Doubled Dealer Base, President Says
Western Funding Inc. doubled its dealer base to 2,000 dealers, after it signed about 1,100 new dealer partners year to...
FactorTrust Gets New President, Secures $42 Mill Investment
It’s been a busy morning for FactorTrust. The alternative credit bureau announced today that Michael Heller, an information and analytics...
Auto ABS Losses Inch Up, but Horizon Remains ‘Healthy,’ Fitch Says
Prime auto loan ABS losses rose to the highest level in over four years through September, but loss rates were...
SCUSA Reports Tougher Competition, Drops Personal Loans
Santander Consumer USA is keeping an eye on more aggressive competition in leases and in near-prime auto loans. "People are being...
