Weekly Wrap discussion on Carvana, incentives
Carvana’s financing volume dropped for the sixth straight month in October as high interest rates and inflation impact affordability, falling 24.3% year over year to 16,604 contracts, according to the...
5 Dec 202211min
Weekly Wrap discussion on credit, fees
Auto credit availability continued to improve in October while regulation scrutiny ramped up. Regulators continue to home in on fees related to auto lending. Florida Attorney General Ashley Moody’s of...
28 Nov 20228min
Weekly Wrap on automotive retailers, EVs
Each of the major automotive retailers recorded year-over-year increases in finance and insurance (F&I) revenue in the third quarter amid strong penetration rates. Asbury Automotive recorded the large...
21 Nov 20227min
Weekly Wrap discussion on Q3 earnings close, AFS
In this episode of the Weekly Wrap, Editor Joey Pizzolato and Associate Editor Riley Wolfbauer discuss the week’s top stories, and what to expect in the week ahead.
7 Nov 20225min
Weekly Wrap on the Auto Finance Summit
In this episode of the Weekly Wrap, Deputy Editor Amanda Harris and Associate Editor Riley Wolfbauer discuss trends from the Summits.
31 Okt 202210min
Weekly Wrap on Q3 earnings, Auto Finance Summit preview
Bank of America, Chase Auto, Citizens Bank, Fifth Third Bank, Huntington Bank, PNC Financial, U.S. Bank and Wells Fargo have all reported sequential declines in outstandings for Q3. Citizens Bank reco...
24 Okt 20223min
Weekly Wrap discussion on Q3 earnings kick off
Third-quarter earnings season kicked off last week, painting yet again another dismal outlook for the auto finance industry. Chase Auto and Wells Fargo Auto reported origination volume declines of 35%...
17 Okt 20224min
Weekly Wrap on used-vehicle market, diminishing demand
Used-vehicle values continue to stabilize amid slowing sales and a dip in consumer demand. At the same time, rising interest rates and a lack of used-vehicle supply are making it challenging for lende...
10 Okt 20229min
