TD Auto Finance: Revenue Up, Margin Slipping

TD Auto Finance is an auto financing company based in Farmington that we have reported on in the past. They have been growing faster than anticipated in recent days. But at the same time their profit margin has been less than expected. The company is expanding to make business with about 5000 US dealerships by 2014. TD Banks outstanding US indirect auto loan is $9.2 billion for the fiscal quarter that ended July 31.

Read the full article here:
TD Auto Finance in Farmington Hills sees fast growth thinner …

2008 honda ridgeline

Image by Stephen Rees

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