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Toyota Financial Services President Replaced
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
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SEARCHMENUSEARCHScott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
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AmeriCredit Corp. said it expects to reduce its loan portfolio by nearly one-third this year, as executives said the company will continue to focus on maximizing cash collections from its loan portfolio and managing the business to preserve capital and liquidity.
Read More →GMAC Financial Services reported a 2008 fourth-quarter profit, which was achieved by the proceeds from a debt swap that offset losses at its automotive finance and mortgage businesses.
Read More →GE Money, a division of GE Capital, and American Suzuki Motor Corporation announced on Jan. 26 a multi-year agreement to provide consumer financing for its motorcycles, all terrain vehicles and scooters.
Read More →Shortly after receiving up to $1.5 billion in loans from the U.S. Department of Treasury's Troubled Asset Relief Program (TARP), Chrysler Financial rolled out new incentives on select Chrysler, Jeep and Dodge models.
Read More →No other quarter symbolized the challenges the industry faced last year than the third quarter 2008, as the impact of slumping sales, unavailable financing and increased delinquencies revealed the dynamic shift that’s taken place in automotive finance.
Read More →Dealers talk about how credit unions have stepped up during the crisis. The magazine finds out how much from Tony Boutelle, president and CEO of the Southern California-based CUDL (CU Direct Corporation).
Read More →Do you have a finance acquisition business plan? In today's market, knowing the buying habits of your lenders could determine your dealership's survival.
Read More →Fear is what’s putting consumers on the sidelines, not a credit freeze. The American Financial Services Association (AFSA) analyzes the $700 million bailout package, and discusses why restoring consumer confidence was the impetus to its passage in October.
Read More →Consumer credit association breaks down tax plans of both presidential candidates, and discusses their impacts on the automotive finance industry.
Read More →Low vehicle sales, more delinquencies and tighter lending criteria has made 2008 a tough year. Finance expert explains why lenders will continue to adjust lending strategies, and why it will be tougher for high-risk consumers to obtain loans.
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