Weekly Wrap discussion on underwriting themes at AFS East 2024
Several auto lenders had to adjust their underwriting strategies in 2023 to account for worsening credit performance across loans originated in 2021 and 2022, a theme prevalent during Auto Finance Sum...
13 Touko 20244min
Weekly Wrap discussion on Auto Finance Summit East 2024
Gaining operational efficiencies through artificial intelligence, navigating a challenging EV market and embracing the return of leasing were top themes at Auto Finance Summit East 2024 last week in N...
6 Touko 20247min
Weekly Wrap discussion on earnings, sales
First-quarter earnings continued to bring mixed results as vehicle sales slowed in April.
29 Huhti 20243min
Weekly Wrap discussion on Q1 earnings kickoff
First-quarter earnings kicked off last week with banks reporting a decline in auto originations. Chase Auto and Wells Fargo Auto’s origination volume decreased year over year in Q1, while outstandings...
15 Huhti 20245min
Weekly Wrap discussion on used-car values, new-vehicle sales
Used-vehicle values declined again in March while car sales improved as the industry shifts toward a buyers’ market.
8 Huhti 20244min
Weekly Wrap discussion on sales, incentives
The return of higher supply levels is contributing to an uptick in incentives and increased new-vehicle sales projections. Meanwhile, the powersports market is feeling the ramifications of higher inte...
1 Huhti 20245min
Weekly Wrap discussion on capital funding, competition
Auto lenders have been active in the past week in funding initiatives, while competition has ramped up across the market.
25 Maalis 20245min
Weekly Wrap on powersports, tech investment
Powersports lenders project mixed origination volume in 2024 as credit unions and regional banks pull back in the space and consumer application quality declines. In this episode of the “Weekly Wrap,”...
18 Maalis 20249min
