Weekly Wrap: Declining vehicle demand, increased NCOs may be on the horizon
The average listing price on used vehicles surpassed $22,000 in April for the first time ever as inventory sat at 35 days’ supply. Eventually, prices may become too high to entice consumers to purchas...
1 Juni 202117min
Weekly Wrap: Can e-commerce momentum continue?
Last week, the Auto Finance News team rounded out the last of first-quarter earnings results from online retailers Carvana, Vroom and Shift Technologies, all of which posted continued growth on the he...
24 Maj 202123min
Weekly Wrap: Top takeaways from the Auto Finance Risk Summit
Last week, the Auto Finance News team wrapped up its final event of the spring season, the Auto Finance Risk Summit. Auto lenders from all corners of the industry cited growing affordability concerns ...
17 Maj 202116min
Weekly Wrap: Navigating looming risk factors during COVID-19 recovery
Rebounding origination volumes, improving recovery rates and strong credit performance have defined the auto finance industry’s first quarter of 2021 for many lenders, but risks related to unused capi...
10 Maj 202118min
Weekly Wrap: A look at COVID recovery in Q1 2021
The first quarter of 2021 has proved a bright spot after many months of stressed vehicle sales due to the COVID-19 pandemic. Multiple auto lenders saw their auto books reach new levels in Q1 as tight ...
4 Maj 202115min
Weekly Wrap: EV financing trends and auto’s post-pandemic resurgence
Last week, an Auto Finance News analysis provided a window into electric vehicle financing trends financed on Vroom’s platform, and more banks, such as Fifth Third, PNC Financial and Citizens Bank, po...
26 Apr 202117min
Weekly Wrap: Q1 2021 earnings point to auto’s further recovery
Last week, publicly-traded banks started releasing their earnings reports, and once again, performance remains strong this quarter. Optimism is running high as last week’s jobless claims fell by almos...
20 Apr 202116min
Weekly Wrap: Tackling compliance ambiguities in auto finance
The auto finance industry has recently seen the removal of certain ambiguities in compliance and regulation practices.The U.S. Supreme Court, for one, clarified the definition of an automatic telephon...
12 Apr 202123min
