GM Financial Buys Ally’s Stake in Chinese Joint Venture
General Motors Financial Co. and GMAC UK Plc have completed the purchase of Ally Financial Inc.’s 40% equity interest in SAIC-GMAC ...
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In Cadillac Price Drop, the Limits of Incentives Surface
Carmakers don't just drop their prices. A lower price -- as compared to increased incentives -- has all sorts of ...
Incentives Poised For Steady Rise in 2015
Incentives have long been a tool used to drive vehicle sales, and with new-car growth slowing and interest rates set ...
GMF: Leasing Hit Historic Levels in 2014, Aims to Grow Further in 2015
General Motors Financial Co.’s lease originations hit a record high in the September quarter, according to Executive Vice President and ...
SACU Adds Resources to Combat Competition
San Antonio Federal Credit Union is adding staff and updating its loan-origination systems in an effort to stay competitive. “We’re in ...
Year-to-Date Auto ABS Issuance Tops 2013 Total, S&P Says
With six weeks left of the year, auto securitization volume has already surpassed last year’s total volume, according to a new ...
Uber Reportedly Pushing Drivers Into Subprime Auto Loans
Uber, the privately owned car-booking service, has been pitching a new loan program to borrowers with poor credit, according to a ...
Fitch Expects Subprime ABS Performance to Soften
Subprime auto ABS losses reached the highest level in four years last month, according to the latest quarterly auto ABS ...
