AutoNation to purchase its forthcoming captive
AutoNation is inching closer to buying a captive finance arm as the retailer’s F&I revenue increases. Chief Executive Mike Manley ...
Tag: captive financing
AutoNation pursues captive
AutoNation is “aggressively looking” at pursuing a captive, Chief Executive Mike Manley said during a call with investors in February, ...
Shift eyes captive financier, acquires marketplace assets from Fair Technologies
Shift is the latest digital retailer to eye a captive financier as the company looks to expand its reach — ...
Solera launches captive finance program
Solera Holdings today launched Solera Auto Finance, a captive-like, full-spectrum financing solution for franchise and independent dealers. Solera Auto Finance ...
NMAC hits 58% penetration rate as operating profits jump
More than half of Nissan vehicles sold in the United States from April to the end of December 2021 were ...
Consumers continue to prioritize auto payments, JPMorgan analysts say
Captive auto lenders continue to experience strong credit performance and above-average loan and lease payment trends as consumers prioritize vehicle ...
Vroom financing partners to remain intact following UACC acquisition
Vroom’s third-party financing partnerships will remain in place following its acquisition of subprime lender United Auto Credit Corporation, which will ...
Asbury Automotive considers captive finance business launch
Georgia-based retailer Asbury Automotive is looking to build a captive finance business to expand further into subprime. The captive would ...
