Weekly Wrap discussion on capital funding, competition
Auto lenders have been active in the past week in funding initiatives, while competition has ramped up across the market.
25 Maalis 20245min
Weekly Wrap on powersports, tech investment
Powersports lenders project mixed origination volume in 2024 as credit unions and regional banks pull back in the space and consumer application quality declines. In this episode of the “Weekly Wrap,”...
18 Maalis 20249min
Weekly Wrap on used vehicle values, EVs
Wholesale used-vehicle values ticked down in February while electric vehicle residual values are causing concern for asset-backed securities investors. In this episode of the “Weekly Wrap,” Auto Finan...
11 Maalis 20247min
Weekly Wrap discussion on credit tightening, performance
The auto finance industry continues to face a tightened credit environment, worsening credit performance and recoveries, and shrinking subprime market share as affordability concerns persist.
4 Maalis 20249min
Weekly Wrap discussion on aftermarket compliance, EVs
Aftermarket product sales have become more crucial for dealerships as vehicle profits decline, prompting the industry to increasingly turn to digital finance and insurance offerings. The ancillary pr...
26 Helmi 20249min
Weekly Wrap discussion on auto finance growth, powersports earnings
Auto lenders expect 2024 to be a year of growth driven by technology updates and loosening credit standards. Powersports sales and financing performance are mixed.
12 Helmi 20248min
Weekly Wrap discussion on GM Financial, CAC earnings
Earnings season continued last week with GM Financial and Credit Acceptance Corp. reporting a rise in originations and worsened consumer credit performance.
5 Helmi 20244min
Weekly Wrap discussion on Vroom, Sonic Automotive closures
Rising costs and limited supply have created challenges for used-car retailers, evidenced by Vroom’s planned shutdown of its used-car sales and e-commerce business and the closure of several Sonic Aut...
29 Tammi 202410min
