Americans Well-informed on Automobile Retailing Economics
Encyclopedia
AWARE is a national nonprofit organization
that was formed in 2005 to enhance consumer understanding of the vehicle financing process..
AWARE is supported by the National Automobile Dealers Association
(NADA), the American Financial Services Association
(AFSA), the National Association of Minority Automobile Dealers (NAMAD), the American International Automobile Dealers Association
, Ally Financial, American Honda Finance Corporation
, American Suzuki Financial Services
, AutoNation
, Ford Motor Credit Company
, Group 1 Automotive
, Inc., Lithia Motors
, National Auto Finance Company, Nissan Motor Acceptance Corporation, Sonic Automotive
Inc., Toyota Financial Services
, United Auto Group, Inc., and Wells Fargo Auto Finance
.
Nonprofit organization
Nonprofit organization is neither a legal nor technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends...
that was formed in 2005 to enhance consumer understanding of the vehicle financing process..
Background
AWARE is focused exclusively on auto financing education for students and adults. It provides free educational resources (including curriculum, calculators and worksheets, and brochures and wallet cards in English and Spanish) to K-12 educators and organizations interested in increasing consumer understanding of auto loans and leases.AWARE is supported by the National Automobile Dealers Association
National Automobile Dealers Association
The National Automobile Dealers Association, founded in 1917, represents nearly 17,000 new-car and truck dealers, both domestic and international, with about 37,500 separate franchises...
(NADA), the American Financial Services Association
American Financial Services Association
American Financial Services Association is a trade association for the U.S. consumer credit industry headquartered in Washington, D.C.. AFSA’s 350 members include consumer and commercial finance companies, vehicle finance/leasing companies, mortgage lenders, credit card issuers, industrial banks...
(AFSA), the National Association of Minority Automobile Dealers (NAMAD), the American International Automobile Dealers Association
American International Automobile Dealers Association
The American International Automobile Dealers Association is a United States lobbying force dedicated to the economic and political interests of America's international nameplate automobile dealers...
, Ally Financial, American Honda Finance Corporation
Honda
is a Japanese public multinational corporation primarily known as a manufacturer of automobiles and motorcycles.Honda has been the world's largest motorcycle manufacturer since 1959, as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than...
, American Suzuki Financial Services
Suzuki
is a Japanese multinational corporation headquartered in Hamamatsu, Japan that specializes in manufacturing compact automobiles and 4x4 vehicles, a full range of motorcycles, all-terrain vehicles , outboard marine engines, wheelchairs and a variety of other small internal combustion engines...
, AutoNation
AutoNation
AutoNation, the largest auto retailer in the USA, was founded in 1996 by entrepreneur H. Wayne Huizenga, also founder of Blockbuster and Waste Management. The company is headquartered in Fort Lauderdale, Florida. The current Chairman and CEO is Mike Jackson, former CEO of Mercedes Benz North America...
, Ford Motor Credit Company
Ford Motor Credit Company
Ford Motor Credit Company is the financial services arm of Ford Motor Company, and is headquartered in Dearborn, Michigan.Its business activities are concentrated primarily in the area of automobile loans in support of its parent company...
, Group 1 Automotive
Group 1 Automotive
Group 1 Automotive, Inc. is a Fortune 500 company, founded in 1997. It has its headquarters in the One Memorial City Plaza building in the Memorial City district of Houston, Texas....
, Inc., Lithia Motors
Lithia Motors
Lithia Motors, Inc. is automotive dealership network headquartered in Medford, Oregon, primarily serving the western United States. It is the seventh largest automotive retailer in the United States, and ranks as number 615 on the Fortune 1000 list of the largest companies in the U.S. for 2007...
, National Auto Finance Company, Nissan Motor Acceptance Corporation, Sonic Automotive
Sonic Automotive
Sonic Automotive, Inc. is a Fortune 300 company based in Charlotte, North Carolina and is one of the largest automotive retailers in the United States. The company was founded by NASCAR track owner Bruton Smith....
Inc., Toyota Financial Services
Toyota Financial Services
The business known as Toyota Financial Services covers more than 30 countries and regions, including Japan. Financial services operations are coordinated by a wholly owned subsidiary of Toyota Motor Corporation , Toyota Financial Services Corporation , which has overall responsibility for the...
, United Auto Group, Inc., and Wells Fargo Auto Finance
Wells Fargo
Wells Fargo & Company is an American multinational diversified financial services company with operations around the world. Wells Fargo is the fourth largest bank in the U.S. by assets and the largest bank by market capitalization. Wells Fargo is the second largest bank in deposits, home...
.