GM Financial's Kyle Birch reflects on captive build-out, career ahead of retirement
Communication is key to GM Financial's continued success under new leadership, according to retiring GM Financial President of North America Operations Kyle Birch. "There'll always be challenges for l...
19 Elo 18min
Arivo Acceptance eyes increased auto ABS cadence
The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators. “It's an important source of capital for us,” Michael Gustafson, chief financial of...
10 Elo 19min
Ally Financial, Capital One, Huntington Bank auto originations mixed
Ally Financial, Capital One and Huntington Bank posted mixed results in the second quarter for auto originations and credit performance. Ally Financial’s auto originations rose 20.9% year over year i...
27 Heinä 7min
Wells Fargo Auto, Chase Auto originations jump in Q2
National and regional bank second-quarter earnings point to mixed performance as larger banks lean into auto production while regional banks held steady or scaled back amid market volatility. Wells F...
20 Heinä 6min
Subaru Motors Finance to target first-time buyers, expand credit access
Subaru Motors Finance plans to expand its underwriting to attract more first-time buyers, Managing Director Michael Cottone tells Auto Finance News in the latest episode of “The Auto Finance Roadmap P...
13 Heinä 23min
BMW Financial’s lease penetration normalizes post-EV tax credit
BMW Financial Services’ lease penetration has normalized following the elimination of the federal electric vehicle tax credit, says Ole Jensen, chief executive and president of the captive in North Am...
6 Heinä 23min
Rising insurance costs add to affordability woes
Car buyers are facing a tough market as rising insurance costs add to vehicle ownership expenses and lenders are mindful of high loan-to-value ratios. The national six-month auto insurance premium ro...
29 Kesä 11min
Podcast: Carvana, CarMax sales rise, interest rates decline
Auto retailers are gaining momentum on the heels of increased sales and finance volume even as the industry navigates continued affordability headwinds. Carvana last week opened its first test-drive ...
22 Kesä 10min
