Weekly Wrap: Credit union trends and the risk of complex tech stacks
Last week, the Auto Finance News team examined credit union trends in auto finance and attended the 2021 FinovateFall, the latter of which highlighted a handful of promising startups. Auto financiers ...
20 Syys 202110min
Weekly Wrap: Eyeing vehicle values, funding and digital adoption
Used-vehicle prices have begun to stabilize in part due to increased inventory, but the trend is likely to be short-lived as wholesale prices increased 0.6% in August as manufacturers are calling for ...
13 Syys 202112min
Weekly Wrap: Rise of new partnerships, acquisitions
Stellantis N.V. agreed to acquire F1 Holdings Corp., the parent company of Houston, Texas-based subprime lender First Investors Financial Services Group, in a step toward establishing the company’s ow...
7 Syys 20219min
Weekly Wrap: Tight supply brings new norms in automotive and powersports industries
Pandemic-related inventory constraints continue to force automotive and powersports OEMs, dealers, lenders and consumers to adapt, with some OEMs, such as General Motors, announcing that low inventory...
30 Elo 202111min
Weekly Wrap: Powersports dealers adapt to low inventory
The powersports finance industry is facing many of the same challenges as auto, including a lack of new supply due to the chip shortage, production constraints and high consumer demand. Powersports de...
23 Elo 202111min
Weekly Wrap: Auto lenders eye low cost of funding, rideshare rebound, return to office
Consumer Portfolio Services, for one, benefited from the low cost of funding on the asset-backed securities market, selling on June 30 $50 million in 7.86% notes backed by residual interests retained ...
17 Elo 202112min
Weekly Wrap: Descending used-vehicle values and an influx of funding
The auto finance industry is poised for change as used-vehicle values declined for the second straight month following nearly a year of record increases. Meanwhile, the industry also saw an influx of ...
9 Elo 202112min
Weekly Wrap: Lenders find new ways to combat low inventory
Squeezed inventory could mark a shift in the auto finance industry as OEMs look for alternative ways to meet consumer demand. Ford Motor Chief Executive James Farley, for one, said during the company...
2 Elo 20219min
