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Archives for: September 2nd, 2019

Finance deal strengthens Mazda’s ties with Toyota

Mazda’s tie-up with Toyota Financial Services beginning in April will have a more immediate impact on Mazda…

Written by ricky on September 2, 2019

Mazda finance deal might lead to more for TFS

Toyota Financial Services’ expansion into the service of a competitor — in this case, Mazda Motor of…

Written by ricky on September 2, 2019

Mazda to switch to Toyota Financial Services for loans, leases

Mazda, which has used JPMorgan Chase as its financial arm under the Mazda Capital Services name, will…

Written by ricky on August 29, 2019

Adding alternative data to customer credit scores helps dealers, lenders

For customers returning to — or entering — a vehicle shopping market with higher transaction prices and…

Written by ricky on August 21, 2019

Automakers, captives ease back on leasing

Leasing is becoming too expensive to incentivize, experts say, and automakers are prioritizing profits over loyalty.

Written by ricky on August 21, 2019

Gen Z: Coming to a dealership near you

Time will tell if the youngest drivers in the vehicle market are seeking transportation models radically different…

Written by ricky on August 21, 2019

VW Credit, Citizens One Auto Finance, top J.D. Power dealer study of financing appeal

J.D. Power’s latest U.S. Dealer Financing Satisfaction study found experienced and empowered credit and sales personnel at…

Written by ricky on August 14, 2019

A used-vehicle retailer taps data to aid subprime consumers

Franchised retailers considering bringing auto insurance in-house should take note of those using data to keep offerings…

Written by ricky on August 14, 2019

Lenders ease loan access to low-prime, subprime borrowers in Q2, N.Y. Fed says

Originations rose 1.6 percent from a year earlier for customers with credit scores below 620, and 4.3…

Written by ricky on August 14, 2019

Online F&I product sales help Volvo fix ‘glaring’ problem

Volvo Cars Financial Services has partnered with F&I software company Darwin to raise subpar per-vehicle profits.

Written by ricky on August 12, 2019

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