Weekly Wrap discussion on Q3 earnings kick off
Third-quarter earnings season kicked off last week, painting yet again another dismal outlook for the auto finance industry. Chase Auto and Wells Fargo Auto reported origination volume declines of 35%...
17 Okt 20224min
Weekly Wrap on used-vehicle market, diminishing demand
Used-vehicle values continue to stabilize amid slowing sales and a dip in consumer demand. At the same time, rising interest rates and a lack of used-vehicle supply are making it challenging for lende...
10 Okt 20229min
Listen: Dialing up fraud
For the last two months, the Auto Finance News editorial team has been investigating income and employment loan fraud and efforts by scammers to sell credit privacy numbers, fake pay stubs and false v...
3 Okt 20225min
Weekly Wrap on floorplan, inventory and automation
The auto finance landscape continues to evolve in the wake of rising interest rates, elevated vehicle prices and long-running supply shortages.Last week, the Bank Automation Summit shed light on lende...
26 Sep 20228min
Weekly Wrap on credit disputes and FinovateFall
Last week, FinovateFall in New York City was in full swing, bringing together fintechs and financial institutions for three days of technology demos, panel discussions and fireside chats, and the Cons...
19 Sep 20227min
Weekly Wrap on sliding car sales, affordability
Solera, a Westlake, Texas-based vehicle lifecycle management solution provider, has partnered with fintech DigniFi to allow consumers to finance between $350 and $7,500 for vehicle repairs and mainten...
12 Sep 20228min
Weekly Wrap on shifting dynamics in auto finance
Last week, credit unions continued on a steady march to claim more market share, reaching a five-year high amid limited inventory and rising interest rates as the auto finance industry continues to fe...
6 Sep 202210min
Weekly Wrap on Santander lawsuit and powersports
This week brought a range of activity in the auto finance industry, with Elliot International suing Santander Holdings USA (SHUSA) following the company’s acquisition of Santander Consumer USA, while ...
29 Aug 20227min
