AFSA's 2010 Conference to Address Industry's Top Challenges
WASHINGTON — While the economy is beginning to show signs of recovery, many challenges remain for the vehicle finance industry. In response, the American Financial Services Association (AFSA) has assembled a powerful lineup for its 14th Annual Vehicle Finance Conference and Exposition, which will be held Feb. 10-12 at Walt Disney’s Yacht Club Resort in Lake Buena Vista, Fla.
Led by AFSA’s Vehicle Finance Division Chair Stephen Smith, senior vice president, financial services, American Honda Finance Corp., the conference will begin with an update on AFSA’s initiatives by Chris Stinebert, president & CEO, followed by a keynote address from Fox News Sunday host Chris Wallace. The conference program will address the economy and credit markets, financial reform, improving operations, risk management, planning for the future and marketing to attract the “new hip consumer.”
Co-sponsored by the AFSA Education Foundation, the conference will feature a panel with chief executive officers from vehicle finance companies and a “Straight Talk with Dealers” session with representatives from the National Automobile Dealers Association (NADA). CEO panel speakers will be: Steven Lambert of Nissan Motor Acceptance Corporation; John Noone of Ford Motor Credit Company LLC; and Thomas Wolfe of Wachovia Dealer Financial Services.
Providing the dealer perspective will be: Forrest McConnell III, Chairman of NADA’s Regulatory Affairs Committee and president of McConnell Honda; Edward Tonkin, NADA Chairman-Elect and president of Ron Tonkin Dealerships; Stephen Wade, NADA Vice Chairman-Elect and president of Stephen Wade Auto Centers; and Kevin Westfall, AutoNation senior vice president, sales F&I.
The conference also will include a workshop on “Financial Literacy: The New Imperative,” which will provide an overview of the current financial literacy atmosphere and highlight successful auto finance company initiatives to help educate consumers.
The AFSA 2010 Vehicle Finance Conference and Exposition will precede NADA’s Annual Convention & Expo, to be held Feb. 13-15 at the Orange County Convention Center in Orlando, Fla. To register for AFSA’s meeting, visit www.vehiclefinanceconference. For exhibit and sponsorship opportunities, contact Matt Gannon at mgannon@afsamail.org.
More Industry

Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →
Pump Price Jump Calculated
ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.
Read More →
Black Book: Weekly Market Update
Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.
Read More →
Arkansas Auto Group Acquires First Indiana Rooftop
Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.
Read More →
Stellantis to Dive Into U.S. Lending
The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.
Read More →
New-Vehicle Prices Rise
With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.
Read More →
Black Book: Weekly Market Update
Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.
Read More →
Black Book: Weekly Market Update
Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.
Read More →
EU Auto Association Urges Action
Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.
Read More →
Driving into the Super CFC Era
Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.
Read More →