Weekly Wrap discussion on F&I trends and the rental car market
Rental car companies are starting to re-enter the auction space through fleet sales and public dealer group trends have surfaced as fourth-quarter earnings come to a close. In this episode of the Wee...
22 Feb 20227min
Weekly Wrap: Automotive retailers' Q4 earnings kick off
Last week, automotive retailers began reporting their Q4 earnings, with results from Group 1, Lithia Motors and Penske Auto painting a continued picture of increasing finance and insurance profits ami...
14 Feb 20227min
Weekly Wrap: Discussion on marine market updates and captive quarterly takeaways
Increased boat prices have yet to deter consumers, evidenced by activity at this year’s New York Boat Show. Powerboat retail sales are expected to exceed 300,000 units at yearend 2021 despite prices e...
7 Feb 202211min
Weekly Wrap rounds up Q4 earnings
All reporting publicly traded banks posted decreases in allowance coverage rates in the fourth quarter as strong credit and used-vehicle values propped up the market. In this episode of the Weekly Wra...
31 Jan 20225min
Weekly Wrap: Q4 earnings results and trends
Trends began to surface as fourth-quarter 2021 earnings reports continued to file in during the past week, with Ally Financial, Citizens One Auto Finance and U.S. Bank all posting sequential increases...
24 Jan 20226min
Weekly Wrap: Q4 earnings kick off with Chase Auto and Wells Fargo Auto
Fourth-quarter 2021 earnings kicked off late last week with Chase Auto and Wells Fargo Auto reporting split performance on origination volume as delinquencies ticked up across the board. In this episo...
18 Jan 20227min
Weekly Wrap: Preparing for changes to the Gramm-Leach-Bliley Act
With the Federal Trade Commission’s changes to its rules for how financial institutions safeguard consumer data, which went into effect today, auto lenders will need to get moving in order to bring th...
10 Jan 20227min
Weekly Wrap: 2021’s top stories and Chinese Q4 deliveries
Last week, the Auto Finance News editorial team highlighted 2021’s top stories as electric vehicle (EV) manufacturers started posting fourth quarter deliveries, showing year-over-year increases across...
3 Jan 20227min
