The Industry's Leading Source for F&I, Sales and Technology
Search Close Menu

Tag Search Result

Ford Credit

Ford Credit Invests in Online Car-Buying Platform

The captive announced a new connection to San Francisco-based AutoFi, which provides a platform that allows customers to purchase and finance a new vehicle via the dealership’s website.

Read more

Terror at 84 Months

F&I pro says dealers need to consider the repercussions of longer term loans before making them their new normal.

Ford Credit Now Offering 84-Month Financing

In a dealer bulletin obtained by F&I and Showroom, Ford Motor Credit announced the availability of 84-month financing on new retail and subvented rate contracts. The bulletin urges dealers to consider the negative impacts of longer term loans.

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.

Lincoln, Ford Captives Rank Highest in Customer Satisfaction, J.D. Power Reports

The firm’s annual Consumer Financing Satisfaction Study showed that Lincoln Financial Services led the way in the luxury segment, while Ford Credit ranked highest in the mass market segment.

Ford Credit Pilots Peer-to-Peer Car Sharing

Ford Motor Credit is offering peer-to-peer car sharing through a pilot program in six U.S. cities and London. The program will allow Ford Credit customer to rent their vehicle to prescreened drivers for short-term use, offsetting monthly vehicle ownership costs.

Ford Credit’s Bannister to Retire; Silverstone Named Successor

Mike Bannister will retire as Ford Motor Credit Company’s chief executive on Jan. 1. His replacement will be Bernard Silverstone.

GM Financial Realizes Profit Increase, Ally Slowed by ResCap

GM Financial reports second-quarter profit gains, while Ally Financial’s profitable auto-lending segment is weighed down by the company’s mortgage business.

Auto Originations Reached $367.7 Billion in 2011, New Report Says

Ally Financial takes the top spot in Auto Finance News’ Big Wheels ranking, an annual report that ranks car lenders and lessors.

Ford Motor Credit Earns $1.8 Billion Net Income in 2011

Ford Motor Credit Company reported net income of $1.8 billion in 2011, compared with $2 billion a year earlier. On a pre-tax basis, Ford Credit earned $2.4 billion in 2011, compared with $3.1 billion in the previous year.