Displaying 141 - 160 of 289 in total
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...