Displaying 151 - 180 of 282 in total
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...
Weekly Wrap on used-vehicle values as demand holds strong
Last week, Honda Motor Co. added 10-year-old vehicles to its certified pre-owned vehicle platform in an effort to expand its used-vehicle inventory options in an envir...
Weekly Wrap on powersports seasonality and inflation
Powersports lender Octane and manufacturer BRP are leaning into seasonal trends, while inflation concerns continue to present looming uncertainty for the larger econom...
Weekly Wrap discussion on data management amid digital shift
Auto lenders are rethinking how they manage the influx of data coming down the pike as the industry increasingly shifts to digital channels. In this episode of the Wee...
Weekly Wrap on increased interest rates, leasing trends and fraud
Issues related to the pandemic continue to linger, evidenced by last week’s Federal Reserve rate hike, an influx in fraudulent activity, and suppressed leasing incenti...
Weekly Wrap: Takeaways from AFSA and CBA Live
Top takeaways for the auto finance industry from the AFSA Vehicle Finance Conference and CBA Live industry events of last week. In this episode of the Weekly Wrap, Aut...
Listen: Weekly Wrap discussion on spring events season
Last week, news on the regulatory front kicked into high gear with the Consumer Financial Protection Bureau (CFPB) signaling it would take an increased focus on illega...
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...