Displaying 181 - 200 of 299 in total
Weekly Wrap on the state of subprime and rental markets
In a market defined by elevated used-vehicle values and limited new- and used-inventory, both subprime lenders and rental car companies are feeling the pressure. In th...
Weekly Wrap discussion on F&I trends and the rental car market
Rental car companies are starting to re-enter the auction space through fleet sales and public dealer group trends have surfaced as fourth-quarter earnings come to a c...
Weekly Wrap: Automotive retailers' Q4 earnings kick off
Last week, automotive retailers began reporting their Q4 earnings, with results from Group 1, Lithia Motors and Penske Auto painting a continued picture of increasing ...
Weekly Wrap: Discussion on marine market updates and captive quarterly takeaways
Increased boat prices have yet to deter consumers, evidenced by activity at this year’s New York Boat Show. Powerboat retail sales are expected to exceed 300,000 units...
Weekly Wrap rounds up Q4 earnings
All reporting publicly traded banks posted decreases in allowance coverage rates in the fourth quarter as strong credit and used-vehicle values propped up the market. ...
Weekly Wrap: Q4 earnings results and trends
Trends began to surface as fourth-quarter 2021 earnings reports continued to file in during the past week, with Ally Financial, Citizens One Auto Finance and U.S. Bank...
Weekly Wrap: Q4 earnings kick off with Chase Auto and Wells Fargo Auto
Fourth-quarter 2021 earnings kicked off late last week with Chase Auto and Wells Fargo Auto reporting split performance on origination volume as delinquencies ticked u...
Weekly Wrap: Preparing for changes to the Gramm-Leach-Bliley Act
With the Federal Trade Commission’s changes to its rules for how financial institutions safeguard consumer data, which went into effect today, auto lenders will need t...
Weekly Wrap: 2021’s top stories and Chinese Q4 deliveries
Last week, the Auto Finance News editorial team highlighted 2021’s top stories as electric vehicle (EV) manufacturers started posting fourth quarter deliveries, showin...
Industry Pulse: New technologies raise regulatory concerns, McGlinchey experts say
Technology advancements in the auto finance industry have been a top priority for lenders during the last two years, and regulators have also turned their watchful eye...
Weekly Wrap: Capital funding and powersports trends
Last week, the asset-backed securities (ABS) market posted its highest volumes since the 2008 credit crisis, Shift technologies ended its search for a wholesale financ...
Weekly Wrap: Conflicting economic trends and auto finance outlook
Last week, a slew of new monthly macroeconomic mile-markers released, painting a murky picture of the economy’s recovery as new COVID-19 variants continue to disrupt t...
Weekly Wrap: OEM technologies and dealership trends
Last week, Exeter Finance expanded its product offering to near-prime while dealers auto dealers continue to flourish in the industry’s new normal. Profitability has c...
Market Scan’s Rusty West talks payments as a service: Industry Pulse
In the November episode of the Industry Pulse webinar, Rusty West, president of Market Scan Information Systems, discusses payments-as-a-service and the importance of ...
Weekly Wrap: Powersports lenders eye expansion
Last week, RumbleOn and Octane Lending sought to increase the reach of their powersports financing products as another auto lender ramped up its presence in the segmen...
Weekly Wrap discussion of automation and AI dividends in Q3 earnings
Third-quarter earnings wrapped up last week, highlighting the importance of direct-from-consumer vehicle purchases to combat inventory challenges and the opportunities...
Weekly Wrap: Industry execs receive Auto Finance Excellence Awards
The 2021 Auto Finance Excellence Awards were presented Oct. 28 at the Auto Finance Summit in Las Vegas as industry executives and automotive lenders were recognized fo...
Weekly Wrap: Takeaways from the Auto Finance Summit
During last week’s 2021 Auto Finance Summit, industry executives shared updates on return-to-office plans, future changes to the auto market, continued fallout from th...
Weekly Wrap: Q3 earnings highlight supply shortage, consumer demand
The third quarter is so far a tale of declining floorplan business and a robust growth in consumer auto sales.
Weekly Wrap: Q3 earnings bring floorplan declines, strong consumer originations
This week brought a closer look at third-quarter earnings at some of the largest banks, painting a picture of how supply constraints are shaping financial institutions...