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Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
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National Creditors Connection Inc. launched its redesigned Website, which was created to be more streamlined and provide easier navigation for users.
Read More →A growing percentage of new-car sales are going to prime-credit customers as banks and other financial institutions look for safer bets, according to CNW Market Research.
Read More →Westlake Financial Services unveiled several new initiatives as part of its Q4 plan of expanding originations through the end of the year and into 2010.
Read More →Yamaha Motor Corp. U.S.A. formed a new partnership with CUDL, which will allow Yamaha dealers and customers to secure retail financing on Yamaha’s powersports products through CUDL credit unions.
Read More →Chase and Jaguar Land Rover North America LLC launched the U.S. private label customer financing brands, Jaguar Financial Group and Land Rover Financial Group.
Read More →GE Money, the consumer lending unit of General Electric Company, and powersports vehicle manufacturer KTM North America Inc. announced Monday a multi-year extension of their consumer financing agreement, which was originally established in 2002.
Read More →Shortly after word spread of Alvaro de Molina’s abrupt departure on Monday, GMAC Financial Services announced that its board of directors selected Michael Carpenter as his successor.
Read More →Ducati North America launched the “No Sleep ‘Til Spring” finance promotion, which offers zero down, zero interest and zero payments on Ducati motorcycles until April 2010.
Read More →Arctic Cat Inc. finalized a new three-year, $60 million senior secured revolving credit facility with Bank of America.
Read More →For the time being, dealers have been exempted from the CFPA’s oversight, but that could change at anytime. And even if dealers are fortunate enough to remain excluded from the final bill, they could still feel the CFPA’s adverse effects. Find out how.
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