Nissan Motor Corp. | Auto Finance News | Page 3 | Auto Finance News - Part 3

[VIDEO] NMAC Gears Up for More Commercial Volume

Captive finance company Nissan Motor Acceptance Corp. expects to originate more loans for commercial users and fleets in 2016, according to President Mark Kaczynski. “Nissan as a brand is growing in the commercial space,” Kaczynski told AFN in a recent interview. “Commercial for us is going to be a bigger and bigger issue,” he said. Year to date, the […]

Highlights from the New York International Auto Show

As the 2015 New York International Auto show draws to a close, we bring you some of the vehicular highlights that will find their way to the dealership in the near future. Honda’s Civic Revival Stung by criticism of the current-generation Civic (Consumer Reports went so far as to drop the model from its list […]

Remembering a Legend: Yutaka Katayama

Yutaka Katayama, memorialized in 1990s Nissan commercials as “Mr. K,” died late last week at the age of 105. Mr. Katayama is widely credited as having been the driving force behind American acceptance of Japanese-made cars and trucks in the 1960s and 1970s. Though it is only a dim memory now, there was a time […]

NMAC Loan Volumes Up 10.4%

Nissan Motor Acceptance reported favorable earnings for its fiscal period ending December 31, 2014. NMAC reported a boost in assets to $52.7 billion up from $47.7 billion reported the previous year, a rise of 10.4%. Operating profit for Nissan Motor Acceptance was $718 million, up $17 million from $701 million reported in the same period […]

September Sales: GM Soars While Ford Declines

General Motors, Nissan, and Chrysler Group led the pack in September, with each company posting a 19% growth in sales over the same period the year before, according to sales records released this week. Chrysler Group sold a total of 169,890 vehicles, compared to 143,017 sold at the same time last year, with the Ram […]

Auto Sales Climb In July

Year-over-year new-car sales grew 9% in July to 1.4 million units, with Subaru showing a 27% increase, and Chrysler not far behind with a 20% bump in sales. Other automakers saw increases, such as Toyota (up 12%), Nissan (up 11%), and Ford (up 10%). Even General Motors, which announced more than 700,000 vehicle recalls in July alone, posted a […]

New-Car Transaction Prices Climbed 1.4% in June

The average transaction price for new light vehicles in the United States increased 1.4% in June over the previous year, according to Kelley Blue Book. Most automakers reported increases from last year, with the notable exception of Nissan North America  and American Honda. The ATP for light vehicles in June 2014 was $32,342, up $545 […]
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