Nominations Close Tomorrow for Excellence Awards

Tomorrow is the deadline to submit nominations for the 2018 Auto Finance Excellence Awards. Held annually since 2005, the award recognizes executives and companies that have made great contributions to auto lending and leasing in the past year. Among other accomplishments, executives or companies may be nominated for: Notable acquisitions that have changed the auto finance landscape […]

• Marcie Belles
• September 20, 2018

Deadline Nears for Auto Finance Excellence Awards

With just more than a week to go before the Sept. 18 deadline, now’s the time to submit nominations for the 2018 Auto Finance Excellence Awards, which have annually since 2005 recognized executives and companies that have made great contributions to auto lending and leasing in the past year. Among other accomplishments, executives or companies […]

• Marcie Belles
• September 7, 2018
• Capital Markets, Compliance, Credit Performance, Operations, Risk, Strategy, Technology

Shanghai Leasing Trade Association named Host Partner for 2018 Auto Finance Summit Asia Event

The Shanghai Leasing Trade Association, a non-profit association with the mission to strengthen the leasing industry’s services, self-regulation, and coordination in Shanghai, has joined Auto Finance News as the host partner for the upcoming Auto Finance Summit Asia event. The two parties met in Shanghai on the afternoon of April 25 to formally sign an […]

• Skylar Taylor
• May 10, 2018
• Asia

Auto Finance Summit Asia Debuts Amid Booming Market

Over the last year, Auto Finance News has been dedicating more coverage to the Asian auto finance market, in order to bring readers the most pressing information about this exciting sector. Now, with the host partner Shanghai Leasing Trade Association, AFN is going international to introduce Auto Finance Summit Asia 2018 as a new event in Shanghai showcasing the […]

• Emma Sandler
• March 26, 2018
• All Posts, Asia, Compliance, Credit Performance, Operations, Strategy, Technology

Disruptive Economy Offers ‘Big Role’ for Auto Lenders, GM Financial CEO Says [VIDEO]

Mobility and disruptive technology continue to develop in the automotive industry, and there’s a “big role” for auto finance companies in a disruptive economy, according to Dan Berce, president and chief executive of General Motors Financial Co. As General Motors Co. — GM Financial’s parent — takes more strides into emerging mobility and autonomous technologies, […]

• Matthew Wood
• February 1, 2018
• Operations

ThunderRoad CEO Spotlights Auto, Powersports Differences Amid Rising Regulation

The regulatory landscape is “getting worse” for lenders, but powersports finance is not “predatory lending,” Donal Hummer Jr., president and chief executive of ThunderRoad Financial, said at PowerSports Finance 2017 last month. There is a “defining difference” between powersports and auto or home lending, Hummer said. “Predatory lending really applies to a situation when you are taking […]

• Natalie Mattila
• December 6, 2017
• All Posts, Powersports

Lenders Scout ‘Dealer-Centric’ Fintech Partners

Lenders will continue to seek fintech partners to increase production and facilitate new product opportunities in 2018, several executives told Auto Finance News, however, banks and credit unions in particular are scouting for “dealer-centric” or “hybrid” platforms. “If you look at technology, we are always looking for internal partners that can bring us better, faster, […]

• Natalie Mattila
• December 5, 2017
• All Posts, Operations, Strategy, Technology

Partnerships ‘More Productive’ Than Equity Investments, Getaround CFO Says

LAS VEGAS — While equity investments are beneficial for startups, “arms-length” transactions or strategic partnerships that rely on factors other than equity return are often “more productive,” Getaround’s Chief Financial Officer Adam Kosmicki said at the 2017 Auto Finance Summit. “The expected value of [that equity investment] can often be a lot lower than investing […]

• Natalie Mattila
• November 29, 2017
• All Posts, Innovation & Mobility, Strategy