Captive finance companies’ new-vehicle loan penetration continues to rise, thanks to subvented loans and cash incentives from automakers. At 51.62 percent in the third quarter, captives hold the largest share of new-vehicle loans.
Captive finance companies’ new-vehicle loan penetration continues to rise, thanks to subvented loans and cash incentives from automakers. At 51.62 percent in the third quarter, captives hold the largest share of new-vehicle loans.