An F&I Revolution is Coming [SPONSORED]

Can you remember the last time you walked into a fast food restaurant and they filled your drink order? It was a short few years ago when the restaurants started handing you a cup and you dispensed the ice and your drink of choice.  The shift happened as consumers demanded a better, quicker experience.  Now, […]
  • EFG Companies
  • February 16, 2017

AutoGravity Expands to 46 States, Partners with Captives

The California-based digital car buying company AutoGravity announced today that it’s now available in 46 states across the country. There are at least four lending partners available in each state where the platform is offered, the company told Auto Finance News. “You can expect multiple captive lenders and we’ll be making announcements about them over […]
  • William Hoffman
  • January 25, 2017

Hyundai Launches End-to-End Digital Car Buying Portal

Hyundai Motor Co. is launching its own direct-to-consumer fully-digital car buying, financing, and home delivery portal in the UK, the company announced in a press release. Starting January 6, consumers across the pond will be able to buy a vehicle in cash, trade in an old car, and have it delivered to their home without […]
  • William Hoffman
  • November 30, 2016

Tech Innovation Is a ‘Well-Orchestrated Dance,’ HCA Director Says

FORT WORTH — The balance between technology innovation and waiting for regulatory approvals is a “well-orchestrated dance,” said Scott Welchons, director and head of Hyundai Digital Camp at Hyundai Capital America. “The bigger the company, the more complex it is when you touch on regulatory environment,” Welchons told attendees at Auto Finance Innovation Wednesday. “First, […]
  • Natalie Mattila
  • May 19, 2016

Finance and Mobility Are Converging in Wonderful Ways

Like so many elements in auto finance, true drivers of economic growth are difficult to discern. Think back to the credit crisis, when it took a beat or two for the White House to realize that the demise of GMAC and Chrysler Financial meant the demise of the auto industry.
  • JJ Hornblass
  • May 17, 2016

Hyundai Capital Canada Will Launch Dealer Portal

Hyundai Capital Canada Inc. is getting up-to-speed with its digital offerings. The Canadian captive partnered with U.S.-based ChannelNet to create a dealer portal and customer lifecycle management program, the companies announced this morning. Through the partnership, ChannelNet will build a “self-service, one-stop” digital portal for Canadian Hyundai and Kia dealers. “The portal will provide dealerships with critical content, data, […]
  • Auto Finance News
  • April 19, 2016

Hyundai Motor Reportedly Buying Stake in its Captive

Manufacturer Hyundai Motor Group and Taiwan-based Fubon Group, a financial services conglomerate, will reportedly buy out GE Capital’s 43% stake in captive finance company Hyundai Capital, according to a press report in the Korea Economic Daily today. In the United States, Hyundai Capital America serves both the Hyundai and Kia brands. None of the companies reported […]
  • Jim Henry
  • December 9, 2015

Ally Financial Joins Other Auto Lenders Offering Free Credit Scores

Ally Financial announced it would make free Fico scores available to auto loan customers later this month, as well as adding customer Annual Percentage Rates to online account profiles. Ally is also making available a secure email feature on the site so customers can send and receive account information and documents. “In the digital world, […]
  • Jim Henry
  • July 9, 2015

[VIDEO] Larry King Promotes Hyundai Leases in Korea

Hyundai Capital Services (HCS), the captive finance company that operates mainly in China and Korea, launched a snappy commercial campaign earlier this year to promote personal auto leases, using a familiar face for American TV viewers, talk show maven Larry King. The commercials ran only in Korea, but HCS representatives showcased a few during the […]
  • Auto Finance News
  • June 1, 2015

Hyundai Capital Gives Customers Free Fico Scores

Hyundai Capital America is offering its customers free access to their credit scores, according to a press release. Hyundai Motor Finance and Kia Motors Finance customers will receive free scores on a quarterly basis as a part of the Fico Score Open-Access program, the captive announced yesterday. This is as an extension of a promotion […]
  • Monica Link
  • February 24, 2015
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