Weekly Wrap discussion on captive earnings
Captives’ second quarter earnings were mixed as rising interest rates push down origination volume and lenders pull back.
31 Jul 20239min
Weekly Wrap discussion on Q2 bank earnings
Banks continued pulling back on auto in the second quarter, with nearly every bank except Chase Auto posting year-over-year declines in auto originations. In this episode of the “Weekly Wrap,” Editor ...
24 Jul 202311min
Weekly Wrap discussion on Q2 earnings kickoff
Second-quarter earnings kicked off last week to mixed results amid declining auto loan demand, even as sales remain strong. In this episode of the “Weekly Wrap,” the auto finance news editors discuss ...
17 Jul 202312min
Weekly Wrap discussion on indirect auto market, EV sales
June marked a continued pullback on indirect auto lending in a challenging market, but a strong sales month for electric vehicles. In this episode of the “Weekly Wrap,” Auto Finance News’ Deputy Edito...
10 Jul 20238min
Weekly Wrap discussion on Fifth Third pullback, EV financing
Shake-ups in the market continued last week as Fifth Third pulled back from indirect auto in western states, EV prices fell and negative equity on used-car loans increased. In this episode of the “Wee...
3 Jul 20239min
‘On the Job’ with Vroom and UACC Chief Adviser Bruce Newmark
In this episode of “On the Job,” Bruce Newmark, chief adviser at Vroom and United Auto Credit, speaks with Auto Finance News Senior Associate Editor Riley Wolfbauer about his leadership style and the ...
27 Jun 202321min
Weekly Wrap discussion on credit performance, CAF earnings
CarMax Auto Finance is the latest auto lender to brace for an increase in delinquencies ahead of second-quarter earnings season as rising interest rates continue to squeeze consumers. In this episode ...
26 Jun 202310min
Weekly Wrap discussion on loan and leasing trends
Loan terms are shortening, leasing is making a return and market share is trending back toward normal breakdowns as interest rate increases slow.
20 Jun 20236min
