Lenders weighing benefits of force-placed insurance
Subprime lenders are weighing the risks and benefits of protecting assets through force-placed insurance as credit-challenged borrowers face continued affordability issues, while some lenders tap into...
19 Elo 20247min
Weekly Wrap discussion on originations, AI-driven lending
In this episode of the “Weekly Wrap,” Auto Finance News Associate Editors Ashley Savage and James Van Bramer discuss trends in financier earnings, AI-based lending updates, finance and insurance reven...
12 Elo 20244min
Weekly Wrap discussion on Q2 earnings, e-contracting
In this episode of the “Weekly Wrap,” Auto Finance News Associate Editors Ashley Savage and James Van Bramer discuss trends in financier earnings, technology, EVs and the powersports market for the we...
5 Elo 20244min
Weekly Wrap discussion on leasing, HOG earnings
Captives’ second-quarter earnings last week reflected portfolio growth despite affordability and incentive challenges. Leases are a key driver for dealers as consumers continue to be hesitant amid inf...
29 Heinä 20245min
Weekly Wrap discussion on leasing, earnings, sales
Second-quarter bank earnings continue to point to mixed loan production volume and a rise in leasing spurred by EVs. U.S. Bank originated $1.9 billion in Q2, up 21.5% year over year while outstandings...
22 Heinä 20243min
Weekly Wrap discussion on Q2 earnings kickoff
Second-quarter bank earnings kicked off this week and showed a continued slowdown in auto originations compared with a year ago. Chase Auto’s originations declined 10% year over year to $10.8 billion ...
15 Heinä 20247min
Weekly Wrap discussion on sales, incentives
June marked mixed vehicle sales and an uptick in incentives ahead of the July Fourth holiday, while the industry continues to keep an eye on impacts from cyberattacks that halted dealer operations.
8 Heinä 20247min
Weekly Wrap discussion on rising debt, tech, compliance
Higher costs for everyday expenses such as gas, groceries and vehicle insurance have prompted many consumers to turn to credit cards, with rising expenses making it harder for consumers buried in debt...
1 Heinä 20248min
