The Auto Finance Roadmap

Aftermarket product sales have become more crucial for dealerships as vehicle profits decline, prompting the industry to increasingly turn to digital finance and insurance offerings.  The ancillary pr...

26 Helmi 20249min

Auto lenders expect 2024 to be a year of growth driven by technology updates and loosening credit standards. Powersports sales and financing performance are mixed.

12 Helmi 20248min

Earnings season continued last week with GM Financial and Credit Acceptance Corp. reporting a rise in originations and worsened consumer credit performance.

5 Helmi 20244min

Rising costs and limited supply have created challenges for used-car retailers, evidenced by Vroom’s planned shutdown of its used-car sales and e-commerce business and the closure of several Sonic Aut...

29 Tammi 202410min

Elevated interest rates contributed to a competitive landscape that prompted some banks to slow auto lending activity in the fourth quarter while others saw growth in origination volume.

22 Tammi 20247min

Fourth-quarter earnings season kicked off with several banks reporting mixed results in auto originations as some tightened credit and others picked up auto lending activity.

16 Tammi 20244min

Stricter federal tax credit requirements for electric vehicles have prompted price cuts, incentives, and dealer operation changes. Lower interest rates and low unemployment also drive economists’ pred...

8 Tammi 20246min

Mark Chandler, vice president for business development at Credit Union Leasing of America, lives and breathes the auto industry and leads his team with an infectious positive energy to create a produc...

3 Tammi 202421min