TITLE

The subprime gap widens

AUTHOR(S)
Henry, Jim
PUB. DATE
June 1999
SOURCE
Automotive News;06/28/99, Vol. 73 Issue 5826, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses developments affecting the subprime automobile lending industry in the United States. Bigger companies experiencing fast growth; Entry of captive finance companies into the market; Survival strategies of smaller companies; Long-term prospects for subprime. INSET: Hard times.
ACCESSION #
2003902

 

Related Articles

  • Digest.  // Automotive News;11/24/1997, Vol. 71 Issue 5741, p18 

    Offers news briefs from the automobile finance industry in the United States, as of November 24, 1997. Coast-to-Coast Automobile Financing Group and its plans to expand its leasing program; John Finnegan, who was named the president of General Motors Acceptance Corp.; Martin Brennan, Nancy...

  • Household International Gets an Outperform Rating and $60 Target Price. Avidon, Eric // National Mortgage News;11/27/2000, Vol. 25 Issue 10, p24 

    Focuses on the stock rating of Morgan Stanley Dean Witter for Household International in the United States. Decision of Morgan to change Outperform to Strong Buy rating; Impact of the economic slowdown on consumer finance companies; Details of the automobile finance business of Household.

  • Automotive news: Digest.  // Automotive News;06/28/99, Vol. 73 Issue 5826, p20 

    Reports on developments in the automobile finance industry in the United States, as of June 28, 1999. Includes First Union Corp.'s termination of its indirect auto finance business in the first quarter; Westar Financial Services Inc.'s fiscal 1998 financial performance; Banc One Credit Co.'s...

  • Study: Lender marketing builds buyer satisfaction. Webb, Alysha // Automotive News;1/12/2009, Vol. 83 Issue 6342, p19 

    The article focuses on a study of new-vehicle financing, which reveals that good advance marketing pays off for auto lenders. J.D. Power and Associates' annual Consumer Financing Satisfaction Study suggests that buyers who shop with a preferred lender in mind express greater satisfaction with...

  • Fiat sells 51 percent of Fidis to creditor banks. Ciferri, Luca // Automotive News;12/23/2002, Vol. 77 Issue 6017, p8 

    Reports that Fiat SpA has agreed to sell a majority share in Fidis, its consumer finance unit, to its main creditor banks. Amount that banks would pay to Fiat for controlling shares in Fidis; Owners of Fidis; Main creditor banks of Fiat; Financial obligation of Fiat that formed the basis of its...

  • AmeriCredit Sets Modest Growth Pace. Rieker, Matthias // American Banker;8/18/2005, Vol. 170 Issue 159, p1 

    Reports that more than two years after being crippled by a liquidity crisis, the subprime auto lender AmeriCredit Corp. is showing improved earnings and potential for growth as of August 2005. How the company is hiring in the U.S. and plans to return to Canada, a market it left in 2003; Efforts...

  • High gearing. Thomson, James // BRW;7/29/2004, Vol. 26 Issue 29, p72 

    Reports on the growth of the automotive finance industry in Australia. Increase in the sales of automobiles including sports utility vehicles and luxury cars; Types of participants in the automotive finance market; Importance of offering a range of more flexible financing arrangements.

  • Car finance options. Thomson, James // BRW;7/29/2004, Vol. 26 Issue 29, p74 

    Discusses the pros and cons of different automobile finance options in Australia. Advantages of the low interest rates on conventional loan offered by banks or finance companies; Preference of small businesses for hire purchase agreement; Benefits of operating lease for companies with sales...

  • Chase targets near-prime vehicle buyers. Harris, Donna // Automotive News;7/10/2006, Vol. 80 Issue 6211, p29 

    The article reports that Chase Automotive Finance is expanding its near-prime vehicle lending in an effort to take dealer business away from automakers' captive finance companies. The near-prime market consists of car and truck buyers with midrange credit scores. Near-prime lending accounts for...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics