Harley, Truist eye new initiatives as loan performance wavers
Last week’s earnings reports in the auto finance industry were marked by new initiatives from Harely-Davidson and Truist Bank, and signs from Santander Consumer USA and Capital One Auto Finance that b...
9 Helmi 202113min
Weekly Wrap: Q4 earnings and credit access trends
ecent fourth-quarter earnings from some of the biggest players in the auto finance industry paint mixed results in loan performance and origination growth. U.S. Bank, for one, saw an uptick in deli...
4 Helmi 202117min
Weekly Wrap: Auto lenders eye growth through innovation
Several auto lenders last week announced innovative ways to expand or improve their business. Chase Auto, for one, has joined with electric vehicle manufacturer Rivian, forming Rivian Financial Servic...
20 Tammi 202112min
Weekly Wrap: Riots, credit performance and inventory
As the country prepares for a shift in leadership, the industry is looking ahead to 2021 and making predictions. Cox Automotive, for one, expects to see tight supply, low interest rates and increased ...
15 Tammi 20218min
Weekly Wrap: Flagship Credit, Vroom forge new partnerships
The auto finance industry saw multiple partnerships take hold last week. Flagship Credit Acceptance partnered with Pagaya, a fintech asset manager, to add a loan-to-value program to its financing offe...
21 Joulu 202017min
Weekly Wrap: 2021 origination growth and rising fraud
The first half of 2021 is projected to see increased auto originations as the world prepares for the launch of the COVID-19 vaccine as well as car sales driven by pent-up demand and improved inventory...
14 Joulu 202016min
Weekly Wrap: Dwindling subprime, falling interest rates and AFN’s Executive of the Year
Last week, Auto Finance News announced that its second annual Auto Finance Executive of the Year Award goes to Ravi Raghu, executive vice president of Capital One Auto Finance’s Auto Dealer business. ...
7 Joulu 202012min
Weekly Wrap: A budding leasing trend and the state of auto ABS
Last week, the Auto Finance News team highlighted an uptick of low-mileage lease options as consumers change their driving habits, which could have lasting implications for both consumers and lessors....
24 Marras 202011min
