Vehicle Remarketing Logo

Captive Finance

Newsby StaffOctober 29, 2018

Ford Motor Credit Exec Joins AFSA Board

Dale Jones, EVP of Ford Motor Credit has been elected chair elect of the American Financial Services Association (AFSA), according to a company announcement.

Read More →
Newsby StaffOctober 24, 2018

Lease Payment Prices Rise in September

The vehicles with the largest increased monthly payment were the Nissan Sentra, Toyota Corolla, and Nissan Altima, which were 22.91%, 16.36%, and 15.13%, respectively.

Read More →
Newsby StaffOctober 17, 2018

Lease Credit Approvals Drop in September

Car lease credit applicants registered a 69.8% approval rate in September on Swapalease, a 3.9% drop from the previous month.

Read More →
Ad Loading...
Newsby Eric GandarillaAugust 10, 2018

Upstream Remarketing Aiding 2018 Used Vehicle Values

The first half of 2018 has been a strong year for used vehicle values, and growth in upstream remarketing is playing a helpful role.

Read More →
Newsby StaffAugust 6, 2018

Toyota Financial Services CEO to Retire

Mike Groff will retire as president and chief executive of Toyota Financial Services (TFS) at the end of this month, and will give way to Mark Templin, who has been serving as chairman of the board of Toyota Motor Credit Corp., the captive finance company has announced.

Read More →
Newsby StaffJuly 17, 2018

Final VW Diesel Modification Approved

Volkswagen has gained approval from air regulators of the final modification plan for the remaining vehicles that contain software designed to defeat emissions tests, the California Air Resources Board has announced.

Read More →
Ad Loading...
Newsby StaffJuly 17, 2018

Kia Growing Certified Pre-Owned Sales

Kia Motors America sold 39,954 certified pre-owned vehicles through the first half of 2018, marking a record high for the company.

Read More →
Newsby StaffJuly 9, 2018

Toyota Financial Services Names CIO

Toyota Financial Services USA has named Vipin Gupta as its new chief information officer and group vice president, the company has announced.

Read More →
Newsby StaffJune 6, 2018

Mercedes-Benz, FCA Set Three Tiers for Subscription Services

Mercedes-Benz has provided pricing for its three-tier subscription service, while Fiat Chrysler Automobiles will offer Jeep Wave that will also allow drivers to use a vehicle for a monthly fee across three levels similar to a short-term rental.

Read More →
Ad Loading...
Newsby Paul ClintonJune 1, 2018

Fiat Chrysler to Establish Captive Finance Company

Fiat Chrysler Automobiles will establish its own captive finance company by 2022 in a move that could involve the purchase of Chrysler Capital from Santander Consumer USA, the companies have confirmed.

Read More →