World Omni/CenterOne Maintains Top Servicer Rating
DEERFIELD BEACH - Standard & Poor’s Ratings Services reaffirmed its strong rating of World Omni Financial Corp./CenterOne Financial Services LLC (World Omni/CenterOne), which has maintained this status since 2004.
The company’s rating represents the highest rating possible for a consumer finance, automobile loan and lease servicer. Additionally, World Omni/CenterOne is currently the only consumer finance automobile loan and lease servicer in the nation to achieve this distinction, reported F&I and Showroom.
“Maintaining this rating during the exceptionally challenging economic environment is a true testament to the quality of service our associates deliver,” said Brent Sergot, vice president and general manager of Third Party Business Operations.
According to Standard & Poor’s report, the overall rating was reaffirmed based on World Omni/CenterOne’s highly experienced management team, internal controls and risk management environment, high level of automation, thorough policies and procedures, training regimen, demonstrated default and asset management expertise, and execution of strategic business initiatives.
More Industry

Kia Closes Out Summer With a Bang
Its U.S. subsidiary broke multiple records in August, in part due to a surge of demand for hybrids models.
Read More →
Indiana Dealership Changes Hands
A 30-year-old Ford dealership in Indiana has a new owner and will soon be undergoing renovations to meet manufacturer requirements.
Read More →
Texas Dealership No Longer in the Family
The Ford store, a longtime cornerstone of the Houston market, is now part of one of the fastest-growing U.S. auto groups.
Read More →
Genesis Grows California Presence
The Cardinale Automotive Group opened its third Genesis rooftop in the Golden State, Genesis of San Bruno, a stand-alone dealership serving the San Francisco Bay Area.
Read More →
August Auto Sales a Mixed Bag
An early forecast shows strong business despite consumer hurdles, and hybrids are a big piece of their affordability coping strategy.
Read More →
EV Market Humming Along
July sales show steady growth as the segment stabilizes from last year’s artificial surge following pullback of federal support.
Read More →
Auto Loan Delinquency Rates Stabilize
Auto loans are a main driver of nonmortgage consumer debt, but delinquency rates stabilized in the second quarter across all credit risk tiers.
Read More →
EV Sales Recover in Q2
The EV sales roller coaster continues as numbers show improvement, but industry experts predict a year-over-year third-quarter decline and fourth-quarter jump.
Read More →
The Cheapest Hybrids to Fuel
The powertrain is increasing in popularity, in no small part due to its fuel economy. A new report lists the most efficient hybrids on the market.
Read More →
Hybrids and SUVs Gaining Ground
The most recent Kelley Blue Book Brand Watch found that only two nonluxury brands increased in shopper consideration, buoyed by their hybrid and SUV offerings.
Read More →