The Auto Finance Information workforce is happy to announce that Jim Drotman, government vp of U.S., Canada and Worldwide Markets at Ford Motor Credit score will be part of the editorial workforce for a hearth chat on the Auto Finance Summit on Thursday, Oct. 28, at 2:45 p.m.
Drotman will take the stage to debate innovation initiatives, model and danger administration, and product growth within the quickly altering auto finance trade. He has served in numerous management roles at Ford Credit score for 28 years throughout China, Europe and the UK, together with president for Ford Automotive Finance China, and as managing director of U.Okay. and Eire for Ford Credit score.
Ford Credit score was the fifth-largest auto lender in 2020 by quantity, with $76.6 billion in outstandings. The captive originated $38.4 billion in auto loans final 12 months, in line with the 2021 Big Wheels Auto Finance Data Report.
Ford Credit score posted a powerful efficiency in 2020, regardless of the pandemic’s crippling results on the trade. Within the second quarter of 2020, Ford Credit score was a “pillar of strength” for the Detroit-based auto producer, and adopted up with its strongest third quarter in 15 years, in line with the corporate’s earnings presentation. The following fourth quarter was the strongest in company history, largely pushed by sturdy credit score efficiency and elevated used-vehicle values.
Along with the hearth chat, the occasion will embody the return of the Ladies in Auto Finance Luncheon, a number of networking alternatives and multitrack periods targeted on innovation and expertise, and danger and compliance administration. See the full agenda here.