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Ford Credit Recoups Less at Auction in 2013
Lower-than-expected auction values spurred a $62 million year-over-year decline in lease residuals, Ford Motor Credit reported today. Ford Motor Co....
Five Most Effective Collection Strategy Improvements
“5 Most Effective Collection Strategy Improvements,” the second of a series of quarterly webinars covering best practices in Auto Finance...
Cap One CEO Expects Lower ― But Still Lucrative ― Auto Returns
Capital One Founder and CEO Richard Fairbank expects the auto finance business to get back on a normal cycle in...
PNC Eyes Dealer Growth in Southeast
PNC Financial Services Group will keep its risk appetite unchanged as it signs more dealers in the southeastern U.S., company...
FTC: Lenders May be Liable for Dealer Ads
Last week, the Federal Trade Commission settled a complaint against 10 dealerships for charges of misleading customers about car prices and...
Auto Drives Consumer Loan Growth at Small Banks
The auto loan space has experienced loosening of underwriting standards in the past year, and smaller U.S. banks appear to...
Tricolor Auto Expands HQ
Irving, Texas-based Tricolor Auto Group has bumped up the headquarters space it leases to 24,913 square feet from 16,763 square...
VW Execs: Service Trumps Pricing in Commercial Biz
In addition to a product that “sets itself apart,” commercial auto lenders must focus on service rather than pricing, a...
