Consumer Portfolio Services chairman and chief executive officer Brad Bradley not only summarized how his company navigated the fourth quarter, but the outspoken industry veteran also perhaps gave a concise assessment of what’s happening at other subprime auto finance companies and the deal
The latest TransUnion Industry Insights Report found that 80 million consumers held a vehicle lease or retail installment contract as of the close of 2016.
About a year ago, GM Financial restructured internal management to strengthen its AmeriCredit division — the original piece General Motors acquired almost seven years ago.
Both Enterprise Car Sales and Auto Financial Group (AFG) recently highlighted how much success they’re having with credit unions.
Automotive and asset finance software solutions provider White Clarke Group recently released its latest publication titled, “Global Technology Report 2017: Auto Finance in the New Digital Ecosystem.”
Specialty auto finance company Exeter Finance Corp. announced on Monday that it appointed company veteran Brad Nall to be chief financial officer in a move that was effective Feb. 1.
Credit Acceptance Corp. posted year-over-year income increases even as company leadership acknowledged the difficulty in keeping originations coming through its dealer network as well as intensifying regulatory demands.
Wise F&I, which offers a full suite of finance and insurance products, announced on Monday that its products are now available to automotive retailers operating on the Reynolds and Reynolds dealership management system (DMS).
The latest dealer survey orchestrated by KeyBanc Capital Markets showed participants ended up being evenly split when describing credit availability to their customers.
Formed through thousands of conversations with the nation’s leading dealership principals and finance companies, EFG Companies finalized four predictions and recommendations for 2017.