Fiat Chrysler Automobiles | Auto Finance News | Page 5 | Auto Finance News - Part 5

Star-studded line-up to speak at second Auto Captives Summit [SPONSORED]

Following the enormous success of their inaugural White Clarke Group Auto Captives Summit in 2015, White Clarke Group have announced a star-studded line-up of speakers for their next summit which will take place on November 9th, 2016 at the Hilton Hotel in Tower Bridge, London. John Ellis, former head of Ford’s connected car program in […]
  • White Clarke Group
  • September 14, 2016
  • Sponsored

FCA, First Bankcard Launch Credit Card

Fiat Chrysler Automobiles has partnered with First Bankcard to launch a credit card program for small business customers that can also be used for vehicle down payments, the companies announced last week. Small business owners will earn reward points by using the card for any FCA U.S. dealership purchases or for business expenses — such as […]
  • Auto Finance News
  • March 1, 2016
  • Archives

AFN’s Top 10 Tech Stories of 2015

New startup companies emerged in the auto finance industry over the past year, while existing banks prioritized speed of funding and decisioning by beefing up their online origination platforms. Lenders of all shapes and sizes also continued to chase the millennial market throughout 2015 — a trend that should only increase in 2016 as the […]

The Going Gets Tough in Floorplan, Ally CFO Says

As tough as competition is in prime-risk loans and leases, Ally Financial Inc. is feeling the toughest competition in floorplan loans to dealers, CFO Chris Halmy said. “I wouldn’t say the competition from our perspective has picked up in any meaningful way on the origination front,” he said in a conference call last week. “If […]

Higher Chrysler Share Unlikely Without More Incentives: SCUSA CEO

Santander Consumer USA’s share of Fiat Chrysler business dropped to 28% in the second quarter, from 30% on March 31, a change to be expected unless Chrysler ups its incentive spending, said Chief Executive Jason Kulas in a conference call. However, Fiat Chrysler sales are doing just fine as-is. The automaker today announced its best U.S. sales […]

Dealers Risk Customer Relations Over FCA Affordability Tests

E-commerce solutions provider iVendi is warning that car dealers could risk damaging long-term relationships with customers if they fail to handle the Financial Conduct Authority-mandated affordability test sensitively. The new FCA regulation is likely to require more detailed information about customers’ personal finances than existing motor finance applications. This has led to fears that the […]
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