Canadian banks learn to diversify, tailor their offerings

As automaker captive finance companies lost share, banks have taken on new roles, such as being exclusive or semi-exclusive lenders who are the sole source of automaker retail incentives.

Brands take different paths after plunge in Canadian lease market

Leasing as a whole took a dive in Canada for a few years following 2008, but the plunge only significantly affected the captive finance arms of U.S. brands, experts say.

A changed landscape in Canadian auto finance

The 2008 financial crisis sharply reshaped Canadian auto finance. Captives that once dominated the auto loan and lease market lost nearly half their share within four years.

New CFPB rule prohibits lenders from forcing arbitration

The CFPB banned banks and other financial services companies from including mandatory arbitration clauses in contracts to prevent consumers pursuing claims of wrongdoing from joining class-action lawsuits. The rule could have a wide-ranging impact on automaker's captive finance units and other auto lenders.


Nissan, Infiniti shuffle finance unit executives

Mark Kaczynski, after six years as president of Nissan Motor Acceptance, is leaving his post to become vice president of administration and finance for Infiniti.

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