Weekly Wrap discussion on earnings, sales
First-quarter earnings continued to bring mixed results as vehicle sales slowed in April.
29 Apr 20243min
Weekly Wrap discussion on Q1 earnings kickoff
First-quarter earnings kicked off last week with banks reporting a decline in auto originations. Chase Auto and Wells Fargo Auto’s origination volume decreased year over year in Q1, while outstandings...
15 Apr 20245min
Weekly Wrap discussion on used-car values, new-vehicle sales
Used-vehicle values declined again in March while car sales improved as the industry shifts toward a buyers’ market.
8 Apr 20244min
Weekly Wrap discussion on sales, incentives
The return of higher supply levels is contributing to an uptick in incentives and increased new-vehicle sales projections. Meanwhile, the powersports market is feeling the ramifications of higher inte...
1 Apr 20245min
Weekly Wrap discussion on capital funding, competition
Auto lenders have been active in the past week in funding initiatives, while competition has ramped up across the market.
25 Mar 20245min
Weekly Wrap on powersports, tech investment
Powersports lenders project mixed origination volume in 2024 as credit unions and regional banks pull back in the space and consumer application quality declines. In this episode of the “Weekly Wrap,”...
18 Mar 20249min
Weekly Wrap on used vehicle values, EVs
Wholesale used-vehicle values ticked down in February while electric vehicle residual values are causing concern for asset-backed securities investors. In this episode of the “Weekly Wrap,” Auto Finan...
11 Mar 20247min
Weekly Wrap discussion on credit tightening, performance
The auto finance industry continues to face a tightened credit environment, worsening credit performance and recoveries, and shrinking subprime market share as affordability concerns persist.
4 Mar 20249min
