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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: 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.vehicleremarket.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, Remarketing
OPENLANE Promotes COO Will Mitchell to Lead AFC

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

https://www.vehicleremarket.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.vehicleremarket.com/10157233/openlane-iq-speeds-up-platform-for-vehicle-buyers-sellers
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: 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.autorentalnews.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.vehicleremarket.com/339453/mazda-turns-to-toyota-for-captive-financing
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.vehicleremarket.com/337805/nissans-captive-settles-military-repo-case-for-3m
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

GM Financial has named five regional 2018 Auction of the Year winners and a winner of Most Valuable Auction of the Year.

https://www.vehicleremarket.com/330762/gm-financial-honors-auctions-of-the-year
Categories: Captive Finance

Toyota Financial Services has named Scott Cooke as its new chief financial officer.

https://www.vehicleremarket.com/328875/toyota-financial-services-names-new-cfo
Categories: Captive Finance
ADESA Buffalo Earns Ford Auction Service Award Program Awards

ADESA Buffalo recently earned two Ford Auction Service Award Program (ASAP) awards for its 2018 performance.

https://www.vehicleremarket.com/327739/adesa-buffalo-earns-ford-auction-service-award-program-awards
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, 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.vehicleremarket.com/326919/two-charged-with-stealing-diesel-vws
Categories: Captive Finance
GM Sells 15 Millionth Vehicle on Upstream Platform

General Motors and GM Financial hosted the sale of its 15 millionth remarketed vehicle on GMF DealerSource.

https://www.vehicleremarket.com/324021/gm-and-gm-financial-sell-15-millionth-vehicle-on-upstream-platform
Categories: Captive Finance

Toyota Motor North America (TMNA) and Toyota Financial Services (TFS) have made a number of executive changes in order to improve efficiencies at the companies.

https://www.vehicleremarket.com/321396/toyota-captive-announces-executive-changes
Categories: Captive Finance
Lease Approval Rates Register 70.9% in October

Lease credit applicants registered a 70.9% approval rate in October on Swapalease’s marketplace, according to a company announcement.

https://www.vehicleremarket.com/319473/lease-approval-rates-register-70-9-in-october
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.vehicleremarket.com/318432/more-loans-fewer-leases-for-gm-financial-in-q3
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

Dale Jones, EVP of Ford Motor Credit has been elected chair elect of the American Financial Services Association (AFSA), according to a company announcement.

https://www.vehicleremarket.com/317947/ford-motor-credit-evp-named-chair-elect-of-afsa
Categories: Captive Finance
Lease Payment Prices Rise in September

The vehicles with the largest increased monthly payment were the Nissan Sentra, Toyota Corolla, and Nissan Altima, which were 22.91%, 16.36%, and 15.13%,...

https://www.vehicleremarket.com/317579/lease-payment-prices-up-in-september
Categories: Captive Finance
Lease Credit Approvals Drop in September

Car lease credit applicants registered a 69.8% approval rate in September on Swapalease, a 3.9% drop from the previous month.

https://www.vehicleremarket.com/316958/lease-credit-approvals-drop-in-september
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.vehicleremarket.com/310699/upstream-remarketing-aiding-2018-used-vehicle-values
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
Toyota Financial Services CEO to Retire

Mike Groff will retire as president and chief executive of Toyota Financial Services (TFS) at the end of this month, and will give way to Mark Templin, who...

https://www.vehicleremarket.com/310400/toyota-financial-services-ceo-to-retire
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, 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.vehicleremarket.com/306885/final-vw-diesel-modification-approved
Categories: Captive Finance
Kia Growing Certified Pre-Owned Sales

Kia Motors America sold 39,954 certified pre-owned vehicles through the first half of 2018, marking a record high for the company.

https://www.vehicleremarket.com/306862/kia-motors-america-grows-cpo-sales-in-first-half-of-2018
Categories: Captive Finance

Toyota Financial Services USA has named Vipin Gupta as its new chief information officer and group vice president, the company has announced.

https://www.vehicleremarket.com/306366/toyota-financial-services-names-new-cio
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
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.vehicleremarket.com/303919/fca-mercedes-benz-give-subscription-service-details
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.autorentalnews.com/303919/fca-mercedes-benz-give-subscription-service-details
Categories: Captive Finance
Fiat Chrysler to Establish Captive Finance Company

Fiat Chrysler Automobiles will establish its own captive finance company by 2022 in a move that could involve the purchase of Chrysler Capital from...

https://www.vehicleremarket.com/303518/fca-to-establish-captive-finance-company
Categories: Captive Finance
Hyundai, Lexus Offer Top CPO Programs: Autotrader

Hyundai and Lexus offer the best certified-vehicle programs in 2018 for consumers shopping for used vehicles, according to the third-party shopping website...

https://www.vehicleremarket.com/302919/hyundai-lexus-offer-top-cpo-programs-autotrader
Categories: Captive Finance, Operations, Remarketing, Vehicle OEM
Women in Fleet: Meet GM's Jennifer Costabile

With an eye toward the future, Costabile focuses on relationship building, networking, and growth.

https://www.automotive-fleet.com/302863/meet-gms-jennifer-costabile-1
Categories: Captive Finance, Operations, Remarketing, Vehicle OEM
Women in Fleet: Meet GM's Jennifer Costabile

With an eye toward the future, Costabile focuses on relationship building, networking, and growth.

https://www.vehicleremarket.com/302863/meet-gms-jennifer-costabile-1
Categories: Captive Finance, Operations, Remarketing, Vehicle OEM
Women in Fleet: Meet GM's Jennifer Costabile

With an eye toward the future, Costabile focuses on relationship building, networking, and growth.

https://www.worktruckonline.com/302863/meet-gms-jennifer-costabile-1
Categories: Captive Finance, Technology
BMW Group Financial Services Seeking New Technologies

BMW Group Financial Services has launched an accelerator program meant to provide entrepreneurs, startups, and small businesses with the opportunity to...

https://www.vehicleremarket.com/302292/bmw-group-financial-services-launches-tech-accelerator-program
Categories: Captive Finance, Technology

Ally Financial Inc. and Fair have partnered to allow Fair to use Ally’s SmartAuction as a remarketing solution for its returned cars, according to a company...

https://www.vehicleremarket.com/287928/ally-smartauction-coming-to-fair
Categories: Captive Finance, Remarketing
Volkswagen Storing 300,000 Diesels Around U.S.

Volkswagen has been storing the diesel-powered vehicles it bought back from customers at 37 secure storage facilities that include a suburban Detroit...

https://www.automotive-fleet.com/279414/volkswagen-storing-300-000-diesels-around-u-s
Categories: Captive Finance, Remarketing
Volkswagen Storing 300,000 Diesels Around U.S.

Volkswagen has been storing the diesel-powered vehicles it bought back from customers at 37 secure storage facilities that include a suburban Detroit...

https://www.vehicleremarket.com/279414/volkswagen-storing-300-000-diesels-around-u-s
Categories: Captive Finance, Remarketing
Lincoln Adds Used Vehicles to Subscription Service

Lincoln is expanding its luxury subscription pilot service in West Los Angeles by bolstering the services’ inventory with a slate of used 2017 Lincoln...

https://www.automotive-fleet.com/279413/lincoln-adds-used-vehicles-to-subscription-service
Categories: Captive Finance, Remarketing
Lincoln Adds Used Vehicles to Subscription Service

Lincoln is expanding its luxury subscription pilot service in West Los Angeles by bolstering the services’ inventory with a slate of used 2017 Lincoln...

https://www.vehicleremarket.com/279413/lincoln-adds-used-vehicles-to-subscription-service
Categories: Banks and Credit Unions, Captive Finance, Technology
AutoGravity Adds Kelley Blue Book Trade-In Values

Users will now have access to KBB vehicle valuations when assessing the value of their trade-in through the AutoGravity platform.

https://www.vehicleremarket.com/279187/autogravity-adds-kelley-blue-book-trade-in-values
Categories: Associations, Captive Finance
Former Ford Remarketing Manager Receives IARA Circle of Excellence Award

Linda Silverstein accepted the International Automotive Remarketers Alliance's (IARA) Circle of Excellence award at a luncheon preceding the opening of the...

https://www.vehicleremarket.com/279052/former-ford-remarketing-manager-receives-iara-circle-of-excellence-award
Categories: Captive Finance, Technology
SmartAuction Adds Off-Lease Nissan, Infiniti Units

SmartAuction will begin listing off-lease Nissan and Infinity vehicles on its platform as part of an agreement between the company, Nissan Motor Acceptance...

https://www.vehicleremarket.com/278748/smartauction-adds-off-lease-nissan-infiniti-units
Categories: Captive Finance, Global Fleet, Remarketing
Former Kia Remarketing Manager's Life in Retirement

Since retiring as a remarketing manager of Kia Motors America this past January, David Alfonso has redoubled his efforts, given all his energy, and devoted...

https://www.vehicleremarket.com/157538/from-four-wheels-to-two-life-in-retirement-for-former-remarketing-manager-of-kia
Categories: Captive Finance, Global Fleet, Remarketing
Former Kia Remarketing Manager's Life in Retirement

Since retiring as a remarketing manager of Kia Motors America this past January, David Alfonso has redoubled his efforts, given all his energy, and devoted...

https://www.automotive-fleet.com/157538/from-four-wheels-to-two-life-in-retirement-for-former-remarketing-manager-of-kia


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