Auto Remarketing Staff

Those holiday ads for vehicles — especially for luxury models — evidently stimulated activity not only at dealerships, but also at Swapalease.com. While stores might have moved some extra metal that was a gift, the site's lease-transfer approval rating took a tumble in January. Swapalease.com... Read More

Auto Remarketing Staff

The Blue Oval’s captive is pleased with how its subsidiary is performing while making inroads to serve consumers who want an alternative to securing a vehicle without the commitment of a retail installment contract or leasing agreement. Executives from Canvas — the Ford Motor Credit subsidiary offering what... Read More

Podcast: Brett Collett of Equifax

Auto Remarketing Staff

For this episode, we get back to basics — as in the fundamentals of auto-finance underwriting that include credit, character, capacity and collateral. In light of a changing market impacted by sales trends and technology, Brett Collett, who is strategic automotive consultant for Equifax, shared a conversation... Read More

Auto Remarketing Staff

The proliferation of smartphones and potential buyers seeking financing at places nowhere near dealerships are combining to drive more investment into mobile platforms. The latest development came on Wednesday as Santander Consumer USA announced that it will invest and work with AutoFi with the intention to streamline... Read More

6 findings from Experian’s newest global fraud report

Auto Remarketing Staff

It would seem automotive financing and retail activity is not immune to unscrupulous behavior, especially activity that originates online. Experian discovered six out of every 10 businesses are experiencing the same or more fraudulent losses online compared with a year ago. According to Experian’s "Global... Read More

Nissan’s captive joins AutoGravity

Auto Remarketing Staff

Add another foreign OEM’s captive to the list of finance companies now available through AutoGravity. Nissan Motor Acceptance Corp. (NMAC) announced on Tuesday it is joining AutoGravity to help consumers looking to acquire Nissan with personalized retail and lease preapproval offers through digital credit shopping... Read More

Blue Oval shifts execs at Ford Motor Credit

Auto Remarketing Staff

A pair of top-level executive changes unfolded at the Blue Oval this past week. Ford Motor Credit named Brian Schaaf as chief financial officer and treasurer. Currently, Schaaf is controller of Ford Motor Com. Global Purchasing. According to a news release, Schaaf will be responsible for Ford Credit financial... Read More

Motorlease names Jeffrey Perkins VP of operations

Auto Remarketing Staff

Motorlease Corp. announced that it has promoted Jeffrey Perkins to the position of vice president of operations. Perkins advanced to leadership roles in the customer service department and dealer relationship management area after joining Motorlease to serve in an administrative capacity in 2002, the company... Read More