Displaying 121 - 150 of 275 in total
Weekly Wrap discussion on Q3 earnings close, AFS
Last week, third-quarter earnings began wrapping up and coverage from the Auto Finance Summit continued, with Capital One Auto Finance, Carvana and Credit Acceptance C...
Weekly Wrap on the Auto Finance Summit
The 2022 Auto Finance Summit and Powersports Finance Summit, both of which took place in Las Vegas last week, shined a light on recessionary pressures, rising interest...
Weekly Wrap on Q3 earnings, Auto Finance Summit preview
Third-quarter earnings season continued last week with many financial institutions reporting sequential declines in auto loan originations. Take a listen to the earnin...
Weekly Wrap discussion on Q3 earnings kick off
Third-quarter earnings season kicked off last week, painting yet again another dismal outlook for the auto finance industry.
Weekly Wrap on used-vehicle market, diminishing demand
Used-vehicle values continue to stabilize amid slowing sales and a dip in consumer demand.
Listen: Dialing up fraud
For the last two months, the Auto Finance News editorial team has been investigating income and employment loan fraud and efforts by scammers to sell credit privacy nu...
Weekly Wrap on floorplan, inventory and automation
The auto finance landscape continues to evolve in the wake of rising interest rates, elevated vehicle prices and long-running supply shortages.
Weekly Wrap on credit disputes and FinovateFall
Last week, FinovateFall in New York City was in full swing, bringing together fintechs and financial institutions for three days of technology demos, panel discussions...
Weekly Wrap on sliding car sales, affordability
As elevated vehicle prices and rising interest rates begin to deter consumers from purchasing new vehicles, there is a growing need for lenders to both expand their bu...
Weekly Wrap on shifting dynamics in auto finance
Last week, credit unions continued on a steady march to claim more market share, reaching a five-year high amid limited inventory and rising interest rates as the auto...
Weekly Wrap on Santander lawsuit and powersports
This week brought a range of activity in the auto finance industry, with Elliot International suing Santander Holdings USA (SHUSA) following the company’s acquisition ...
Weekly Wrap on the newest tech investments, partnerships
Technology investments in the auto finance industry showed no signs of slowing last week as more lenders announced new partnerships and internal overhauls. In this ep...
Navigating data privacy
The landscape of data privacy is changing on the heels of the Federal Trade Commission’s (FTC) amendments to the Gramm-Leach Bliley Act (GLBA) and as states enact thei...
Weekly Wrap on tech, leasing moves in auto finance
Auto lenders continued their investment in technology advancements as the industry leans into widespread digitization amid uncertain economic conditions. In this episo...
Weekly Wrap on credit availability, used vehicles
Last week the auto finance industry entered the tail end of second-quarter earnings season as used-vehicle values depreciated for the second straight month and the une...
Weekly Wrap on Ford, GM and powersports earnings
Earnings season continued in full swing last week, with two major powersports OEMs and two U.S.-based captives reporting second-quarter results. In this episode of the...
Weekly Wrap on Q2 pullback in auto
Second-quarter earnings have pointed to mixed results as some financiers grew their auto books while others intentionally stepped back from auto lending amid rising in...
Weekly Wrap on Q2 earnings season kicks off
Last week, second-quarter earnings season kicked off with Chase Auto, PNC Financial and Wells Fargo Auto reporting drops in auto loan production, painting a less-than-...
Weekly Wrap on auto ABS, used-vehicle values and CPS’ credit facility
Last week, used-vehicle values continued to shift amid improving inventory and slowing used-car sales. Meanwhile, CarMax Auto Finance, Hyundai Capital America, Santand...
Weekly Wrap on FTC junk fees and electric vehicle lease buyouts
Last week, the Federal Trade Commission zeroed in on junk fees as regulators increase their focus on auto lending, and Ford Motor Co. halted lease buybacks on its elec...
Weekly Wrap on Ford Credit debt exposure reduction, declining SAAR
Last week, Ford Credit increased its purchase offer on outstanding debt securities to $3 billion as the industry forecasts declining vehicle sales in June, while inter...
Weekly Wrap on inflationary impacts in auto finance
Affordability concerns continue to plague the auto finance industry amid high prices and rising interest rates in a global economy marked by supply shortages and rampa...
Weekly Wrap on auto lender compliance and longer-term loans in Q1
Auto lenders should take a close look at their credit decisioning and dealer relationships following a recent Consumer Financial Protection Bureau (CFPB) bulletin and ...
Weekly Wrap on cybersecurity, subprime lending and remote work
The Non-Prime Auto Financing Conference in Plano, Texas highlighted cybersecurity needs, potential new opportunities for subprime lenders and the benefits of widening ...
Weekly Wrap on GM Financial’s floorplan offerings and today’s car-buying experience
Last week, the Auto Finance News team wrapped up the June issue of its monthly magazine, highlighting the evolution of GM Financial’s floorplan offering that has been ...
Weekly Wrap: CFPB oversight and fintech advancements
Last week, the Consumer Financial Protection Bureau continued to ratchet up its auto finance industry oversight with a fresh bulletin focused on ancillary product refu...
Weekly Wrap: E-commerce retailers focus on cost reduction in Q1
Automotive retailers Shift and Vroom focused on profitability rather than growth in the first quarter following rising interest rates and declining investor sentiment....
Weekly Wrap: Drilling down on used-vehicle values, inflation and powersports earnings
Last week, used-vehicle values cooled for the third straight month in a positive sign for the U.S. Labor Department’s forthcoming consumer price index, even as rental ...
Weekly Wrap: Top takeaways from AFIS and AFRS 2022
Automation, data management and compliance strategies were a focus of discussion last week at the Auto Finance Innovation and Auto Finance Risk Summits in San Diego. ...
Weekly Wrap on the start of Q1 2022 earnings
Auto finance institutions including Ally Financial, CarMax Auto Finance, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto kicked off 2022 first-quarter earnin...