Articles by: Jim Henry

Toyota Captive Helps Scion Pursue One-Hour Delivery Target

Toyota Captive Helps Scion Pursue One-Hour Delivery Target

The Scion brand is on the “one-hour delivery” bandwagon, and captive finance company Toyota Financial Services has a big role in working towards that goal. Scion is Toyota’s designated “youth” brand. It is running a pilot program involving about 60 U.S. dealerships, according to Alan Mimaki, Scion business planning manager.Read More

How ‘Furnishers’ Can Avoid Trouble with the Feds

How ‘Furnishers’ Can Avoid Trouble with the Feds

The Consumer Financial Protection Bureau is targeting violations of strict rules for so-called “furnishers,” including auto lenders, plus in many cases their vendors, and potentially some independent dealers and buy-here, pay-here dealers, assuming they all furnish consumers’ nonpublic personal information to credit reporting bureaus. For instance in August 2014, theRead More