Volkswagen’s Originations Decline Amid Mobility Focus

VW Financial Services’ North American originations were down 11.8% for the nine-month period through September, according to the company’s third-quarter earnings. North American originations totaled 647,000 contracts through September, down from 734,000 during the same period the year prior. The pullback in originations was mostly concentrated in leasing, where the company’s total U.S. lease outstandings […]
  • William Hoffman
  • November 9, 2017

VW’s Uphill Battle: Can the Captive Overcome the Emissions Scandal?

One of the many considerations Eithne Higgins weighed when purchasing her 2010 Volkswagen Seat Leon was its resale value. Yet, after the multi-billion dollar emissions scandal broke in 2015, Higgins claims she went to several dealers to try and sell her car. But no one would bite once they found out it was one of […]
  • William Hoffman
  • June 27, 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

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