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Categories: Banks and Credit Unions, Captive Finance, Fleet, Remarketing
Tariff Burden Making New Vehicles Less Affordable

New-vehicle affordability declined in April to the worst level yet this year as the bite of higher prices and lower incentives reversed an improving trend.

https://www.automotive-fleet.com/10240884/tariff-burden-making-new-vehicles-less-affordable
Categories: Auctions, Captive Finance, Remarketing
OPENLANE Promotes COO Will Mitchell to Lead AFC

The incoming president brings 20 years of business development, operational, and strategy experience.

https://www.automotive-fleet.com/10216200/openlane-promotes-coo-will-mitchell-to-lead-afc
Categories: Auctions, Captive Finance, Leasing, Remarketing
OPENLANE iQ Speeds Up Platform for Vehicle Buyers, Sellers

OPENLANE iQ provides data analytics and comprehensive technology solutions for more than 40 upstream brand marketplaces.

https://www.automotive-fleet.com/10157233/openlane-iq-speeds-up-platform-for-vehicle-buyers-sellers
Categories: Captive Finance, Global Fleet, Vehicle OEM
Mazda Turns to Toyota for Captive Financing

Toyota Motor Credit Corp. will replace Mazda Capital Services as the captive consumer loan and lease financing company for U.S. Mazda dealers, according to...

https://www.automotive-fleet.com/339453/mazda-turns-to-toyota-for-captive-financing
Categories: Captive Finance, Global Fleet, Vehicle OEM

Nissan Motor Acceptance Corp. will pay $3 million to the U.S. Department of Justice to settle claims of improper repossessions and lease terminations of...

https://www.automotive-fleet.com/337805/nissans-captive-settles-military-repo-case-for-3m
Categories: Captive Finance, Remarketing
Two Charged With Stealing Diesel VWs

Two Michigan men have been charged with allegedly conspiring to steal Volkswagen and Audi diesel vehicles involved in the emissions scandal that were parked...

https://www.automotive-fleet.com/326919/two-charged-with-stealing-diesel-vws
Categories: Captive Finance, Operations, Remarketing
More Loans, Fewer Leases for GM Financial in Q3

General Motors Financial Company Inc. reported operating lease originations for the nine months ended Sept. 30, 2018 at $17.3 billion, compared to $19.6...

https://www.automotive-fleet.com/318432/more-loans-fewer-leases-for-gm-financial-in-q3
Categories: Captive Finance, Remarketing, Used Vehicle Values
Upstream Remarketing Aiding 2018 Used Vehicle Values

The first half of 2018 has been a strong year for used vehicle values, and growth in upstream remarketing is playing a helpful role.

https://www.automotive-fleet.com/310699/upstream-remarketing-aiding-2018-used-vehicle-values
Categories: Captive Finance, Clean Diesel, Green Fleet
Final VW Diesel Modification Approved

Volkswagen has gained approval from air regulators of the final modification plan for the remaining vehicles that contain software designed to defeat...

https://www.automotive-fleet.com/306885/final-vw-diesel-modification-approved
Categories: Captive Finance, Rental Operations, Vehicle Research
Mercedes-Benz, FCA Set Three Tiers for Subscription Services

Mercedes-Benz has provided pricing for its three-tier subscription service, while Fiat Chrysler Automobiles will offer Jeep Wave that will also allow...

https://www.automotive-fleet.com/303919/fca-mercedes-benz-give-subscription-service-details


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