Captive Finance Companies
Canadian banks learn to diversify, tailor their offeringsJuly 19
A changed landscape in Canadian auto financeJuly 19
Brands take different paths after plunge in Canadian lease marketJuly 19
New CFPB rule prohibits lenders from forcing arbitrationJuly 10
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.
GM joins chorus warning used-car prices to fall amid glutApril 6
GM captive eyes more growthFeb. 13
Lincoln, Ford finance arms take top spots in J.D. Power consumer satisfaction studyNov. 17, 2016
Shift Finance targets dealerships, private salesSept. 21, 2016
Barra says 'undervalued' GM can sustain profit long termJune 7, 2016
GM CEO Mary Barra made the case in an interview with Bloomberg Television that GM can handle a downturn and sustain profits if the economy slumps in the next few years. The company also is making investments in ride sharing and self-driving cars to ensure its long-term future.
Ford Credit tests group leasingJan. 11, 2016
Erik Day: Bringing F&I in-houseDec. 21, 2015
A dealer finance executive proposes a retailer-owned captive finaDay is now finalizing plans for an in-house, dealer-funded finance company at Warren Henry, a Jaguar Land Rover and Infiniti dealer, bringing together funding sources for new- and used-car leases, loans and insurance products. Once his plan comes together, Step 2 will be enlisting other U.S. retailers. nice approach.