Weekly Wrap discussion on EV tax credit changes
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 Jan 20246min
‘On the Job’ with CULA’s Mark Chandler
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 Jan 202421min
Weekly Wrap discussion on 2023 highlights, 2024 expectations
Affordability and profitability were top of mind for auto lenders in 2023, and 2024 is set to be a year of cautious growth as rates come down.
2 Jan 20244min
Weekly Wrap discussion on tightened credit, powersports growth
Elevated interest rates and inflationary pressures have prompted auto lenders to tighten credit, leading credit unions to step back and create opportunities for other financiers.
18 Des 20237min
Weekly Wrap discussion on sales, pricing
Incentives and lower monthly payments are helping drive leasing as vehicle sales improved in November. More than 27% of prime and superprime consumers chose to lease their vehicles in Q3, up from abo...
11 Des 20236min
'On the Job' with Axos Bank's Anthony Capizzano
When Anthony Capizzano, senior vice president, head of consumer lending at Axos Bank, returned from the U.S. Marine Corps in 1997, he was interested in two jobs: selling cars and selling coffins. The ...
6 Des 202318min
Weekly Wrap discussion on delinquencies, captive market share
Delinquencies and net losses in the prime and subprime auto asset-backed securities market continued to increase in September, while captive market share of total auto financing reached its highest le...
4 Des 20237min
Weekly Wrap discussion Toyota CFPB oversight, subprime credit tightening
The Consumer Financial Protection Bureau continued to focus on the sale of ancillary products to consumers, fining Toyota Motor Credit Corp. $60 million for violations related to ancillary products an...
27 Nov 20235min
