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October 3, 2017 - Industry News

CUDL: Credit Unions Capitalizing on Bank Retreat

Credit unions and captives continued to take advantage of the pullback by banks in the second quarter. The message coming out of CU Direct (CUDL)’s Sept. 28 webcast is that credit unions need to act fast before banks reconfigure their strategies.

Tags: auto finance, banks, Captive, credit unions, CU Direct

July 6, 2017 - Industry News

VW Credit Invests in AutoGravity

With its announced investment, Volkswagen’s captive finance company joins the automotive fintech firm’s mobile car shopping and financing platform. VW Credit also launched its own AutoGravity-powered smartphone app.

Tags: auto finance, AutoGravity, Captive, digital retailing, online F&I, Volkswagen Credit

April 5, 2016 - Industry News

Maserati, Chase Sign Auto Finance Agreement

Chase will provide Maserati North America dealers with retail financing and leasing under the Maserati Capital USA brand. Chase will also provide commercial lending and treasury services to the high-end automaker's dealers.

Tags: Captive, Chase, Maserati

November 24, 2015 - Industry News

ChannelNet Expands Into New York City, Austin, Texas

The firm helping finance sources like Toyota Financial Services and Ally connect with car buyers online has expanded into two major markets. Officials say the expansion will aid the firm’s efforts to further penetrate the financial services industry.

Tags: Ally, auto finance, Captive, ChannelNet, digital marketing, multichannel marketing, Toyota Financial Services

June 25, 2013 - Industry News

ChannelNet Renews Relationship With BMW Financial Services

The marketer now lists five of the Top 10 captives as users of its services, which include connecting brands to customers through a variety of online channels.

Tags: BMW Financial Services, Captive, ChannelNet, Paula Tompkins, Saas

February 28, 2013 - Industry News

Toyota, Lexus Captives Recognize 10 Auction Sites

The captive finance companies for Toyota and Lexus recognized 10 auction sites with its 2012 Premier Auction Award. The awards were handed out this month to recognize high-performers in administration, operations, sales, and retention.

Tags: ADESA, Auction, Captive, financial, Lexus, Manheim, Norwalk Auto Auction, remarketing, Toyota, Website

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