captive finance company


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Words related to captive finance company

a finance company owned by a manufacturer to finance dealers' inventories or to make loans to consumers buying the company's products

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References in periodicals archive ?
VCI, a captive finance company, services Volkswagen, Audi and Bentley retail customers and dealers as Volkswagen Credit, Audi Financial Services, and Bentley Financial Services.
a wholly-owned captive finance company providing indirect financing for the purchase of new Thor and used recreation vehicles.
which was established in 1981 as the first import automotive captive finance company in the United States.
VCI, a captive finance company, services Volkswagen, Audi and Bentley customers, authorized automotive dealers and their affiliated stores as Volkswagen Credit, Audi Financial Services and Bentley Financial Services.
Navigator Holdings owns and operates eight independent automobile dealerships, Navigator Dealer Group LLC, and a captive finance company, Navigator Acceptance LLC.
Power consumer finance awards than any other captive finance company, bank or credit union.
The average lease term of bank lessors was 50 months in 2002, compared to slightly less than 40 months for captive finance company lessors.
To date the performance of Fitch rated dealer floorplan ABS is within expectations with few signs of stress from the financial pressure being experienced at the manufacturer, captive finance company and dealership levels.
As president of MMCA, Costantino will oversee all operations at the automotive credit company, which is a captive finance company of Mitsubishi Motors' North American operations, and will report to Pierre Gagnon, president and CEO of Mitsubishi Motors America (MMA).
The Company has repositioned itself in the independent automobile marketplace as an independent dealer group, providing point of sales financing through its captive finance company.
The transaction is the first public crossborder securitization for Honda Finance, a wholly owned captive finance company of Honda Motor Co.
Established in 1982, TMCC has more than $25 billion in assets, making it the third-largest captive finance company in the U.
Toyota Motor Credit Corporation (TMCC) is the fourth-largest captive finance company in the automotive industry in the U.
Today, CreditConnection dealers can communicate electronically with some of the largest financial institutions, finance companies and captive finance companies that provide automobile credit, including AmeriCredit; BancOne; Bank of America; Bank of Montreal; Key Bank; NationsBank; PNC; Wachovia; WFS Financial; GMAC, the captive finance company of General Motors; and NMAC, the captive finance company of Nissan Motors.
its wholly owned captive finance company, on CreditWatch with negative implications.