All Blog Posts Tagged 'honda' (6)

Many Top Lenders Not Using Twitter to Promote Finance Products

Last week, we looked at how the nation's largest auto lenders were using Facebook to promote themselves. This week, we're taking a look at another major social network, Twitter.

Only three of the nation's 10 largest lenders maintain active Twitter accounts for their auto finance operation, and all three ranked in the Top 4. Coincidence?

Here is a summary of how major auto lenders are using Twitter. In the cases where the auto finance operation does not have an active Twitter…

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Added by Mike Gibb on December 7, 2012 at 1:30pm — No Comments

Trio of Auto ABS Deals Set to Price

The asset-backed securitization market is set for a $2.4 billion infusion of auto-backed issuance.

This week, three new securitizations are slated to come to market: an $819 million lease deal from Ford Credit, a $1 billion loan deal from American Honda Finance, and a $600 million rental car deal from Avis Budget Car Rental.

So far this year, auto-backed deals have comprised more than half of all ABS issuance — $47.5 billion of the total $80.7 billion, according to… Continue

Added by Marcie Belles on October 19, 2010 at 3:00pm — No Comments

Loosey-Goosey Leasing

For the past two years, financiers have pulled back on leasing as residual value losses skyrocketed, in some cases to the tune of $10,000 or more per vehicle.

Late last year, some manufacturers returned to the sector, vowing to stick to conservative leases on higher-priced models.

Well, it looks some OEMs are feeling the pressure of slower sales. Toyota sweetened lease deals last month to lure consumers back after multiple recalls. And now Honda is stepping up efforts to… Continue

Added by Marcie Belles on March 26, 2010 at 11:30am — 6 Comments

You Wouldn't Expect That From Honda

The lease on my 2006 Honda Pilot (yes, I have young kids) is up at month's end, so I'm shopping for a new car. It's not exactly the best time to be looking for a new vehicle, what with financing costs sky high.

Anyway, I figured I would see what lease-end options Honda offered. Let me first say, my experience with American Honda Finance Co. has been stellar since Day One. Just class all the way. That is, until… Continue

Added by JJ Hornblass on April 24, 2009 at 3:30pm — No Comments

Honda Finance Risk Chief Joins AFRS Speaker Faculty

Paul Kramarz, manager of risk and analysis at American Honda Finance Corp., has joined the Price Execution & Optimization panel at the upcoming Auto Finance Risk Summit.

Kramarz will address topics including today’s thinking on risk-based pricing, integrating enterprise risk management into pricing practice, and innovations in pricing, among other things.

Prior to joining American Honda Finance, Kramarz worked for several banks in branch management. He holds a B.A. in… Continue

Added by Marcie Belles on March 27, 2009 at 12:30pm — No Comments

Will GM's Better-Than-Expected Numbers Mean More Incentives?

The numbers weren't pretty today when manufacturers reported their September car sales. Breaking it down:

- Nissan down 37% from September 2007

- Ford down 35%

- Toyota down 32%

- Honda down 24%

- GM down 16%

This was the 11th straight month that car sales declined from their previous year levels.

GM's sales were buoyed by an employee pricing incentive. More manufacturers may follow suit, especially since the industry is facing an even… Continue

Added by Mike Gibb on October 1, 2008 at 3:51pm — 2 Comments