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Captive Finance

Newsby Tariq KamalAugust 29, 2019

Mazda Turns to Toyota for Captive Financing

Toyota Motor Credit Corp. will replace Mazda Capital Services as the captive consumer loan and lease financing company for U.S. Mazda dealers, according to a report filed with the Securities and Exchange Commission Wednesday.

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Newsby StaffAugust 7, 2019

Nissan's Captive Settles Military Repo Case for $3M

Nissan Motor Acceptance Corp. will pay $3 million to the U.S. Department of Justice to settle claims of improper repossessions and lease terminations of members of the military.

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Newsby StaffApril 30, 2019

GM Financial Honors Auctions of the Year

GM Financial has named five regional 2018 Auction of the Year winners and a winner of Most Valuable Auction of the Year.

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Newsby StaffApril 3, 2019

Toyota Financial Services Names CFO

Toyota Financial Services has named Scott Cooke as its new chief financial officer.

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Newsby StaffMarch 21, 2019

ADESA Buffalo Earns Ford Auction Service Award Program Awards

ADESA Buffalo recently earned two Ford Auction Service Award Program (ASAP) awards for its 2018 performance.

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Newsby StaffMarch 13, 2019

Two Charged With Stealing Diesel VWs

Two Michigan men have been charged with allegedly conspiring to steal Volkswagen and Audi diesel vehicles involved in the emissions scandal that were parked at the Pontiac Silverdome, U.S. Attorney Matthew Schneider announced March 11.

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Newsby StaffJanuary 29, 2019

GM Sells 15 Millionth Vehicle on Upstream Platform

General Motors and GM Financial hosted the sale of its 15 millionth remarketed vehicle on GMF DealerSource.

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Newsby StaffDecember 17, 2018

Toyota's Captive Announces Executive Changes

Toyota Motor North America (TMNA) and Toyota Financial Services (TFS) have made a number of executive changes in order to improve efficiencies at the companies.

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Newsby StaffNovember 15, 2018

Lease Approval Rates Register 70.9% in October

Lease credit applicants registered a 70.9% approval rate in October on Swapalease’s marketplace, according to a company announcement.

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Newsby StaffNovember 1, 2018

More Loans, Fewer Leases for GM Financial in Q3

General Motors Financial Company Inc. reported operating lease originations for the nine months ended Sept. 30, 2018 at $17.3 billion, compared to $19.6 billion for the nine months ended Sept. 30, 2017.

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