M. Daryl Schneider commented on Marcie Belles's blog post The New Normal for Used-Car Values
Marcie Belles commented on Marcie Belles's blog post The New Normal for Used-Car Values
M. Daryl Schneider commented on Marcie Belles's blog post The New Normal for Used-Car ValuesPosted on May 10, 2012 at 1:00pm 3 Comments 2 Likes
Since the collapse of the new-car market in 2008, industry participants have talked about a “new normal” for car sales. The argument was that the prior 17-million-unit sales pace was inflated, and 14 million units was a more appropriate rate based on population figures and driving habits. Manufacturers have since recalculated production volumes and reduced headcount accordingly.
While adjustments were made on the new-car side, the used-car market has been strengthening. Limited…
ContinuePosted on April 17, 2012 at 1:00pm 0 Comments 0 Likes
Three times a year AutoFinanceNews.net and sister publication Auto Finance News conduct the Auto Finance Forecast, which gauges activities and sentiments in the automotive lending and leasing market. How much will originations grow this year? Which direction are delinquencies headed? Are profits on track to climb?
Complete the short survey by May 4 and you'll be entered into a drawing for a $50 giftcard to Amazon.com.…
ContinuePosted on April 11, 2012 at 11:00am 0 Comments 0 Likes
In the past few years, the role of risk management has shifted dramatically. With the economy and the auto industry showing signs of improvement, we’ve set out to assess which risk factors will pose the biggest challenge for auto financiers this year.
Weigh in with your predictions by completing a quick, 3-question survey.
All responses remain confidential, meaning that no…
ContinuePosted on April 10, 2012 at 12:00pm 0 Comments 0 Likes
Brian Mock, executive vice president of consumer services for General Motors Financial Co., will retire “upon the completion of an orderly-transition period,” according to an April 9 Securities and Exchange Commission filing.
On April 15, two of Mock's direct reports will assume responsibility for the consumer services group as a part of the transition plan. Scott Dishman will be promoted to EVP of servicing, and Robert Beatty will be promoted to EVP of specialty areas, in charge of…
ContinuePosted on March 20, 2012 at 1:00am 0 Comments 0 Likes
Senior executives from First Investors Financial Services, Huntington Bank, Mitsubishi Motors Credit of America, TD Auto Finance, and Toyota Financial Services are the latest additions to the Auto Finance Risk Summit speaker faculty.
The Auto Finance Risk Summit highlights the central role risk management plays in all functions of auto lending and leasing.
Tom Redding and Vijay Patil, risk managers at First…
Continue
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