Porsche Launches Luxury Subscription Service

Porsche Cars North America Inc. debuted Porsche Passport, a new sports car and SUV month-to-month subscription program, adding to a growing list of luxury automakers entering the subscription space. The new program allows subscribers to frequently exchange vehicles or keep them for as long as they like. The service includes unlimited mileage and on-demand access to […]
  • Emma Sandler
  • October 11, 2017

Porsche Financial Services Canada Appoints New President, CEO

David Williams, former director of sales and operations for Porsche Financial Services Canada, was appointed president and CEO of the company’s national financial arm, which services 17 Porsche centers across the country. “I’m honoured to be able to lead Porsche Financial Services Canada in an expanded capacity and excited for what the future has in […]
  • William Hoffman
  • September 16, 2016

F&I Lessons From Luxury Captives

Customer service counts, no matter where you fall on the credit spectrum. However, it’s no secret that luxury customers expect first-class treatment when shopping for a car, and consumers expect that same treatment from captive finance company Mercedes-Benz Financial Services USA, according to Vice President Brian Fulton.
  • Larissa Padden
  • October 7, 2015

Honda, Porsche Price ABS Deals

American Honda Finance Corp. issued $1 billion in securities in its second securitization of the year. The deal brings Honda’s year-to-date issuance to $2.5 billion, and props up industrywide ABS volume to $19 billion. Bank of America Merrill Lynch, Citigroup, and Morgan Stanley are underwriters for the deal. The transaction is backed by 57,000 contracts on Hondas (86%) and Acuras […]
  • Cody Lyon
  • May 19, 2014