Weekly Wrap on FTC junk fees and electric vehicle lease buyouts
Last week, the Federal Trade Commission zeroed in on junk fees as regulators increase their focus on auto lending, and Ford Motor Co. halted lease buybacks on its electric vehicle (EV) product line to...
6 Jul 202212min
Weekly Wrap on Ford Credit debt exposure reduction, declining SAAR
Last week, Ford Credit increased its purchase offer on outstanding debt securities to $3 billion as the industry forecasts declining vehicle sales in June, while interest rates rise and consumer senti...
27 Jun 20224min
Weekly Wrap on inflationary impacts in auto finance
Affordability concerns continue to plague the auto finance industry amid high prices and rising interest rates in a global economy marked by supply shortages and rampant inflation. Elevated prices hav...
21 Jun 20229min
Weekly Wrap on auto lender compliance and longer-term loans in Q1
Auto lenders should take a close look at their credit decisioning and dealer relationships following a recent Consumer Financial Protection Bureau (CFPB) bulletin and a decision by the Supreme Court o...
13 Jun 202211min
Weekly Wrap on cybersecurity, subprime lending and remote work
Last week, the Non-Prime Auto Financing Conference in Plano, Texas highlighted cybersecurity needs, potential new opportunities for subprime lenders and the benefits of widening talent pools.
6 Jun 20228min
Weekly Wrap on GM Financial’s floorplan offerings and today’s car-buying experience
Last week, the Auto Finance News team wrapped up the June issue of its monthly magazine, highlighting the evolution of GM Financial’s floorplan offering that has been a driving force in capturing comm...
31 Mai 202211min
Weekly Wrap: CFPB oversight and fintech advancements
Last week, the Consumer Financial Protection Bureau continued to ratchet up its auto finance industry oversight with a fresh bulletin focused on ancillary product refunds, and the FinovateSpring confe...
23 Mai 202213min
Weekly Wrap: E-commerce retailers focus on cost reduction in Q1
Automotive retailers Shift and Vroom focused on profitability rather than growth in the first quarter following rising interest rates and declining investor sentiment. In this episode of the Weekly Wr...
16 Mai 20228min
