BMW Financial, Chase Auto, Ford Credit See Diversity as Top Priority for 2019

SAN FRANCISCO — Auto finance is increasing efforts to diversify an industry that is largely dominated by a single demographic. “The number of meetings I’m in with one female and 10 men that are all middle-aged is very frequent, and that has to continue to change,” Chase Auto Finance Chief Executive Mark O’Donovan said during a panel discussion at […]
  • Nicole Casperson
  • February 1, 2019
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HCA, BMW Financial, Bank of America Win Excellence Awards at Summit

LAS VEGAS — Three companies were recognized for achievement in the auto finance sector during the Auto Finance Excellence Awards ceremony presented Thursday at the 2018 Auto Finance Summit. The annual celebration honors achievement by companies in the automotive lending and leasing industry. Hyundai Capital America was presented an Excellence Award for its dramatic transformation […]
  • Nicole Casperson
  • October 29, 2018
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BMW Hopes Its Subscription Pilot Will Answer Some Questions

Earlier this month, BMW launched a subscription pilot in Nashville, Tenn., with the hopes of not only understanding the consumer appetite for subscription services from a luxury OEM, but also consumer behavior around such an offering. One question BMW is hoping the pilot will answer, according to Swati Licis, strategic projects manager at BMW Group […]
  • Emma Sandler
  • April 25, 2018
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Lesson From BMW’s E-Car Sharing Initiative

BMW is making inroads in the millennial market. BMW Financial Services, not so much. How to grab the attention of the Millennial generation has long been a question for auto lenders and manufactures. BMW, the OEM, is hoping that DriveNow, the company’s car share program currently available in San Francisco, will be the answer for […]
  • Larissa Padden
  • April 1, 2015
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