Finance And Insurance

GM launching over-the-air updates 'before 2020,' Barra says

GM CEO Mary Barra said the company plans to launch a new electrical vehicle architecture and infotainment system capable of over-the-air updates "before 2020."

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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