Business Information
The group's principal activity is to provide a wide variety of automotive financial services to and through automotive dealers throughout the world. The categories of financing products include retail financing, wholesale financing and other financing. Retail financing includes purchase of retail installment sale contracts and retail lease contracts from dealers and to offer finance to commercial customers. Wholesale financing consist of offering loans to dealers to finance the purchase of vehicle inventory also known as floorplan financing. Other financing includes offering loan to dealers for working capital, improvements to dealership facilities and to purchase and finance dealership real estate. The group provides vehicle and dealer financing in 36 countries to more than 10 million customers and 12,500 automotive dealers. The group conducts insurance operations through its wholly owned subsidiary, the American road insurance company.
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Year |
Sales |
Net Income |
| 2005 | 177,089,000 | 2,024,000 | | 2004 | 171,652,000 | 3,487,000 | | 2003 | 165,066,000 | 495,000
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