Podcast: Synthetic fraud rises in powersports, auto
Auto originations have picked up industrywide even as average payments remain elevated, while manufacturers are increasing incentives to move inventory. Originations totaled 6.4 million contracts in ...
18 Marras 202410min
Podcast: Discussion on automakers' October sales
Sales at most major automakers increased in October, driven in part by an increase in EV sales. Overall sales increased for American Honda, Ford Motor Co., Hyundai Motor America, Mazda North America a...
11 Marras 20245min
Podcast: Discussion on Q3 earnings, auto lease ABS issuance
More auto lenders announced year-over-year origination growth last week in their third-quarter earnings reports. Carvana posted a 35.5% YoY increase in originations in Q3 as retail sales jumped 34.2% ...
4 Marras 20243min
Podcast: Q3 captive originations are mixed
28 Loka 20248min
Q3 bank earnings offer mixed results
Bank earnings last week highlighted mixed results as some institutions saw an uptick in auto originations while others’ portfolios shrank. Bank of America’s auto originations rose 16.2% year over yea...
21 Loka 20246min
Q3 earnings season kicks off, Octane enters marine market
Chase Auto and Wells Fargo kicked off the Q3 earnings season last week, with both lenders reporting flat or lower origination volume on a year-over-year basis. Wells Fargo’s auto originations hit $4.1...
14 Loka 20244min
Auto credit performance worsens, prompts provision spike
High rates and rising consumer debt levels still drive a worsening auto loan landscape. Delinquencies and losses rose across prime and nonprime securitized auto loans in Kroll Bond Rating Agency’s Au...
30 Syys 20246min
Podcast: Unlocking EV potential through leases, used market
Leasing an EV or buying a used one offers a more affordable option in today's challenging market, but many consumers remain hesitant. Nearly 8.5% of new purchases were EVs, and more than 46% of those ...
23 Syys 202419min
