Ford Pivots to Focus on Mobility After Replacing CEO
Ford Motor Co., following pressure from shareholders over sagging stock prices, named Jim Hackett as its new CEO, replacing Mark ...
Month: May 2017
OEMs May Raise Incentives on EVs, Experts Say
Three converted Prius Plug-In Hybrids charging at San Francisco City Hall (via Wikimedia Commons San Diego -- Manufacturers may be ...
CFPB Scrutinizes Repossession Accounts for Fraud
SAN DIEGO — The Consumer Financial Protection Bureau is questioning lenders about potential fraudulent data in accounts slated for repossession, ...
Canadian Bank to Acquire Northpoint Commercial Finance
Laurentian Bank of Canada reached a definitive agreement under which a subsidiary of the bank, LBC Capital, will acquire Northpoint ...
Originations, Auto Debt Grow in 1Q NY Fed Finds
Although auto lenders are tightening credit underwriting standards, originations and auto debt continued to grow this quarter, the Federal Reserve ...
‘Reinvent’ Leasing for Millennials, Fair President Advises
Leasing needs to innovate in two ways: Do away with fixed terms, and offer all-in-one monthly payments, Georg Bauer, co-founder ...
Protecting Against Subprime Lending Concerns [SPONSORED]
A few weeks ago, the Federal Reserve Bank of New York reported record-high auto debt in the fourth quarter of ...
Ally Offers P2P Financing, Insurance Through TRED
Ally will offer auto finance and insurance products for peer-to-peer marketplace, TRED. (PRNewsfoto/Ally Financial) Ally Financial Inc. rolled out financing for ...
