Luxury, Subprime Lenders Join AutoGravity Platform

Infiniti Financial Services, Kelley Blue Book, and Santander Consumer USA are the latest to partner with car marketplace AutoGravity. Today, Infiniti Financial announced its loan and lease financing will be available for customers browsing the company’s luxury brand on the app. Infiniti’s affiliated non-luxury lender Nissan Motor Acceptance Corp. signed onto the platform earlier this […]

Nissan Chinese Captive Issues First Securitization of 2018 Amid Bull ABS Market

Dongfeng-Nissan Auto Finance Co. (DNAF) released its first securitization of 2018, and just as the China ABS market is heating up, according to Moody’s Investors Service. The portfolio consists of renminbi-denominated floating-interest-rate auto loans granted by DNAF to private individuals in China. The renminbi is the official currency of China and converts to a portfolio balance […]

5 Ways Mobility Will Change the Secondary Market

New ownership and mobility models are popping up all over the auto finance space and that’s driving new innovations in the auto ABS market as well. As more and more consumers switch to fleet-focused mobility offerings, it’s forcing investors and issuers to think differently about the assets they are securitizing. For example, some believe issuers […]

Dealers Benefit From AutoGravity Partnership, NMAC Exec Says

AutoGravity, the fintech company that allows users to find vehicle financing options through its mobile app, partnered with Nissan Motor Acceptance Corp. (NMAC) to make the captive’s offers available on the platform, the two companies announced in a press release. Consumers shopping on AutoGravity for Nissan’s vehicles, including the luxury Infiniti brand, will now have access […]

NMAC to Overhaul Wholesale Management System After Delay

Nissan Motor Acceptance Corp. plans to overhaul its wholesale management system by September to provide dealers with real-time functionality, the captive’s President Kevin Cullum told Auto Finance News. The long-term project kicked off in August 2016, with an aim to be completed within 18 months, but the project has ended up taking longer for a number […]

NMAC Eyes Opportunities in User-Based Leasing

Connected car technology offers a unique opportunity to revolutionize traditional finance, such as offering user-based insurance and leasing, Kevin Cullum, Nissan Motor Acceptance Corp.’s president, told Auto Finance News. User-based insurance (UBI) “has great momentum behind it,” he said, and that technology could roll over to auto finance along the lines of user-based leasing. UBI […]

NMAC Sets Goal of 100% Auto-Decisioning, President Says

Nissan Motor Acceptance Corp. will invest “significant resources” in technology over the next few years — starting in 2018 — to allow the captive to be open 24/7, President Kevin Cullum told Auto Finance News. “Customer demand for online shopping and financing is really driving our businesses, and it’s vital that we invest in new […]

NMAC’s Third ABS Shows Higher Fico, Longer Terms

Nissan Motor Acceptance Corp. closed its third ABS of 2017 yesterday, to the tune of $1.5 billion, and featured a higher Fico and longer loan terms than previous 2017 securitizations. The 2017-C securitization is backed by prime-quality retail installment auto loan contracts including a mix of prime receivables, backed by cars, crossover vehicles, sports utility […]
Page 1 of 512345