2021 Auto Finance Excellence Awards Presented

GM Financial, Toyota Financial Services among the five winners LAS VEGAS (Oct. 28, 2021) – Three companies and two industry executives were honored with Auto Finance Excellence Awards at the 21st Annual Auto Finance Summit in Las Vegas today. NextGear Capital, Bank of America, and Toyota Financial Services were presented with Excellence Awards at the […]
  • Skylar Taylor
  • October 28, 2021
  • Press

Auto Loan and Lease Outstandings Continue to Grow Despite COVID-19, Data Shows

Toyota Financial Services Tops Ranking of Auto Lenders  NEW YORK (May 11, 2021) – The auto finance market grew 2.2% in 2020, despite nearly grinding to a halt in the early days of the COVID-19 pandemic, new data released today shows.  Auto loan and lease outstandings hit $1.24 trillion last year — an all-time high — according to the annual Big Wheels Auto […]
  • Skylar Taylor
  • May 11, 2021
  • Press

Auto Loan and Leasing Outstandings Hit $1.2 Trillion, Data Shows

Toyota Financial Services Tops Ranking of Auto Lenders NEW YORK (May 7, 2020) – The auto finance market grew 4.6% in 2019, buoyed by a strong economy, solid lending metrics and innovation investments, new data released today shows. Auto loan and lease outstandings hit $1.2 trillion last year — an all-time high — according to […]
  • Skylar Taylor
  • May 7, 2020
  • Press

Auto Outstandings Close In on $1.2 Trillion as Growth Slows, Data Shows

Toyota Financial Services Tops Ranking of Auto Lenders  NEW YORK (May 13, 2019) — The auto finance market inched up 2.1% in 2018, as an origination slowdown that started in 2016 continues to shrink loan and lease portfolios, new data released today shows.   Despite the deceleration, loan and lease outstandings hit an all-time high of $1.16 trillion last year, […]
  • Skylar Taylor
  • May 14, 2019
  • Press