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TAG SEARCH RESULT: Capital One Auto Finance

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January 26, 2016 - Industry News

Two Auto Finance Veterans Join SpringboardAuto.com’s Board of Directors

Former executives of Capital One and Ford Motor Credit Co. have joined the board of SpringboardAuto.com, a new direct-to-consumer auto loan platform launched by the former founder of CarFinance Capital.

Tags: auto finance, Capital One Auto Finance, CarFinance Capital, Ford Credit, Jim Landy, John Noone, SpringboardAuto.com, Steve Linehan

August 18, 2015 - Industry News

Exeter Finance Names Analytics and Marketing VP

Exeter Finance Corp. has appointed Brian Donohue to the position of executive vice president of analytics and marketing.

Tags: Analytics, Capital One Auto Finance, Exeter Finance Corp., hiring, marketing

March 5, 2015 - Industry News

DOJ, N.Y. Regulator Subpoena Capital One

The finance source revealed in a regulatory filing last month that it has received a subpoena from the New York District Attorney’s Office and the Department of Justice regarding its subprime auto finance business.

Tags: Auto Lending, Capital One, Capital One Auto Finance, Department of Justice, subpoena, subprime

April 22, 2014 - Industry News

Braskamp Joins Industry Summit 2014

The bank's director of national sales and originations will open Industry Summit 2014 with a keynote address on Monday, Sept. 8, at Paris Las Vegas.

Tags: Capital One Auto Finance, Industry Summit 2014

April 3, 2014 - Industry News

Web Exclusive: Capital One Exec Discusses Market Competition, Budding Lender Strategy

Sanjiv Yajnik, president of Capital One's financial service division

Capital One’s Sanjiv Yajnik says ‘imitation is the best form of flattery’ in describing recent moves by competitors to adopt a strategy the bank rolled out in 2010.

Tags: Auto Loans, Capital One Auto Finance, Consumer Financial Protection Bureau, preferred lending

October 10, 2013 - Industry News

Sales Manger Accused of Falsifying Loan Documents

The former sales manager at Serra Nissan was indicted by a federal grand jury for bank fraud. He pleaded not guilty to devising a scheme to defraud Capital One Auto Finance.

Tags: bank fraud, Capital One Auto Finance, fraud, Nissan

October 23, 2012 - Industry News

Capital One Grows Auto Finance Business in Q3

Despite a quarterly drop in originations, Capital One grew its auto finance business by $1.2 billion in the third quarter.

Tags: Auto Loans, auto originations, Capital One Auto Finance

May 3, 2012 - Industry News

ING Acquisition, Auto Lending Boost Earnings for Cap One

Capital One's total revenue from its legacy portfolio grew 5.2 percent from the sequential quarter thanks to strong growth in auto loans as well as strong auto finance originations during the quarter.

Tags: Capital One Auto Finance

November 17, 2011 - Industry News

Capital One Launches Diamond Dealer 3.0

Capital One Auto Finance announced the launch of Diamond Dealer 3.0, an upgraded version of its preferred dealer program that promises full-spectrum lending and improved services to dealers.

Tags: Capital One Auto Finance, Diamond Dealer, full-spectrum finance, Lender

October 25, 2011 - Industry News

Auto Originations Up 17 Percent in 3Q, Reports Capital One

An increase in auto and commercial loan originations helped fuel a 1 percent profit gain in the third quarter for Capital One Financial Corp., the company reported last week.

Tags: Auto Loans, Capital One Auto Finance, Credit, Credit Cards, Finance, loan originations, Originations

February 15, 2011 - Industry News

Web Exclusive: Borgmann to Lead Capital One Auto Finance

Capital One has named Kevin Borgmann as the new president of its auto finance unit. In an exclusive interview with F&I and Showroom, he shared his goals for Capital One Auto Finance in 2011 and beyond.

Tags: Capital One Auto Finance

August 17, 2010 - Industry News

Capital One Grows Originations in 2Q

Capital One Auto Finance increased originations by more than 31 percent from the first quarter of 2010, according to the company’s second-quarter financial report. Total originations now account for more than $1.8 billion in loans for the full-spectrum lender.

Tags: Capital One Auto Finance, Originations

June 28, 2010 - Industry News

Buyers Getting Smarter, But Still Unprepared, Says New Study

Consumer are more cautious about spending and are conducting more research before making major purchases in the wake of the economic downturn, but a new study reveals that they still have a lot to learn.

Tags: Capital One Auto Finance, interest rates, Vehicle Sales

October 27, 2009 - Industry News

Capital One Sees 3Q Profit Increase; Reports Decline in Auto Loans

Attributing its third-quarter decline in auto loans to a retrenchment and repositioning of its auto finance business, Capital One reported a 3.3 percent decline in auto loans last Thursday — the same day the McLean, Va.-based company reported a 14 percent increase in third-quarter profits.

Tags: Auto Loans, Capital One Auto Finance, delinquencies

July 28, 2009 - Industry News

Auto Gains, But Charge-Offs Mount for Capital One

Despite its auto finance unit’s profit nearly tripling, mounting charge-offs led Capital One Financial Corp. to report a second-quarter loss of $275.5 million.

Tags: Capital One Auto Finance, TARP, Troubled Asset Relief Program

April 24, 2009 - Industry News

First Quarter Snapshot: Captives and Non-Captives Report Lower 1Q Losses

The auto finance industry struggled through the first quarter of this year, but several companies reported lower losses compared to the fourth quarter 2008.

Tags: AmeriCredit, BMW Financial Services, Capital One Auto Finance, Finance, Ford Credit, General Electric, JP Morgan Chase, Wells Fargo

April 21, 2009 - Industry News

Survey Shows Economy Impacting Americans’ Daily Financial Decisions

While Americans say they understand financial basics and monitoring budgets, they may not be doing enough to save or protect their financial future, according to a survey of America’s “financial IQ” by Capital One Financial Corporation.

Tags: Capital One Auto Finance

March 12, 2009 - Industry News

Big Three Captives Lose Ground as AutoCount Ranks Top Lenders

Experian Automotive’s AutoCount has ranked the top auto finance lenders for 2008, listing Toyota Financial Services at the No. 1 spot and revealing that GMAC, Ford Motor Credit and Chrysler Financial Services lost significant market share in a watershed year for the U.S. automotive industry.

Tags: American Honda Finance, BMW, Capital One Auto Finance, Chase Auto Finance, Chrysler Financial Services, Ford Credit, GMAC Financial Services, Nissan Infiniti Financial Services, Toyota Financial Services, Wachovia Dealer Services

October 17, 2008 - Industry News

Deposits Help Capital One Reach Profitable Third-Quarter

Capital One Financial Corp. showed a third-quarter profit, but it was clear the bank and credit-card issuer is repositioning its auto portfolio.

Tags: Capital One Auto Finance

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