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 automation provides for growth i...
15 Marras 20217min
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 for their notable efforts in commun...
8 Marras 20218min
Weekly Wrap: Takeaways from the Auto Finance Summit
During last week’s 2021 Auto Finance Summit, industry executives shared updates on return-to-office plans, future changes to the auto market, continued fallout from the inventory shortage and complian...
1 Marras 202112min
Weekly Wrap: Q3 earnings highlight supply shortage, consumer demand
At Ally Financial, for one, floorplan fell 8.4% YoY and 2.4% from the second quarter to $7.6 billion. Ally joins a growing list of lenders this quarter to post some of the highest origination volume i...
22 Loka 20219min
Weekly Wrap: Q3 earnings bring floorplan declines, strong consumer originations
This week brought a closer look at third-quarter earnings at some of the largest banks, painting a picture of how supply constraints are shaping financial institutions’ performance. Both Bank of Ameri...
18 Loka 20217min
Weekly Wrap: Q3 earnings predictions
Last week, new September data points in unemployment, used-vehicle values and new-vehicle sales painted a less-than-optimistic picture of what’s to come during the third-quarter earnings season as the...
11 Loka 202110min
Weekly Wrap: Inside Rivian’s IPO
Last week, electric vehicle manufacturer Rivian unsealed its initial public offering filing with the U.S. Securities and Exchange Commission, which brought to light further details on its financing fo...
5 Loka 202115min
Weekly Wrap: New-vehicle sales decline, legal woes plague subprime lender
In an August poll by Kelley Blue Book, 48% of consumers indicated they will wait at least three months to purchase a new car, up from 37% in a similar study in May. As a result, new-vehicle sales have...
27 Syys 202112min
