Is innovation becoming a revitalized focus in auto finance?
This week was ripe with news on the innovation front, as Ford Credit outlined the details of its new financing product, the Ford Option, and Upgrade, a personal loan fintech, has plans to enter the au...
26 Kesä 202014min
Weekly Wrap: Pandemic car buying, mid-June gains, and rising fraud
This week, the Auto Finance News team took a hard look at what the car buying and financing experience was like for consumers and dealers at the height of the pandemic, explored recovering used-vehicl...
19 Kesä 202014min
Weekly Wrap: Eyes on delinquencies, incentives and a new IPO
his week, all eyes were on first-quarter delinquency rates, incentives, and Vroom's IPO.
12 Kesä 202012min
Weekly Wrap: May sales figures hint at promising gains for the auto industry
This week, OEMs’ monthly sales figured pointed toward promising signs of recovery in the new-vehicle market, with American Honda, Mazda and Hyundai all reporting improvements on a month-over-month bas...
5 Kesä 202011min
Weekly Wrap: COVID-19 pressures used market, ABS deals
This week, the potential bankruptcy news of rental car conglomerate Hertz shook the industry as the liquidation of its fleet, combined with an influx of off-lease vehicles, could flood the used-vehicl...
15 Touko 202012min
Weekly Wrap: GDP contraction signals recession, lenders stock up on cash
This week, news of a 4.8% contraction in the nation’s gross domestic product in the first quarter signaled a recession brought on by the economic fallout of COVID-19, and auto lenders are stocking up ...
1 Touko 202014min
Weekly Wrap: Banks stock up on capital, vehicle values plummet
In the second week of first-quarter earnings season, Ally Financial reported the addition of $2.8 billion to its retail auto reserves, joining last week’s reporters, including Bank of America, JP Morg...
24 Huhti 202012min
Weekly Wrap: Earnings season kicks off, COVID-19 spurs increased reserves
First-quarter earnings season kicked off with JPMorgan Chase, Wells Fargo, Bank of America and Consumer Portfolio Services reporting increased loss reserves as the COVID-19 economic crisis continues t...
17 Huhti 20202min
