Weekly Wrap: second-quarter earnings season kicks off
This week Bank of America, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto all reported increases in allowances for credit losses despite a dip in delinquencies and charge-off rates, a trend...
19 Juli 202015min
Fintech, CFPB complaints and vehicle values: a closer look
This week, Auto Finance News took a deep dive into the driving factors behind the goals of two fintech lenders entering the auto finance space on the heels of pandemic-driven growth. We also looked a...
10 Juli 202019min
Is innovation becoming a revitalized focus in auto finance?
This week was ripe with news on the innovation front, as Ford Credit outlined the details of its new financing product, the Ford Option, and Upgrade, a personal loan fintech, has plans to enter the au...
26 Juni 202014min
Weekly Wrap: Pandemic car buying, mid-June gains, and rising fraud
This week, the Auto Finance News team took a hard look at what the car buying and financing experience was like for consumers and dealers at the height of the pandemic, explored recovering used-vehicl...
19 Juni 202014min
Weekly Wrap: Eyes on delinquencies, incentives and a new IPO
his week, all eyes were on first-quarter delinquency rates, incentives, and Vroom's IPO.
12 Juni 202012min
Weekly Wrap: May sales figures hint at promising gains for the auto industry
This week, OEMs’ monthly sales figured pointed toward promising signs of recovery in the new-vehicle market, with American Honda, Mazda and Hyundai all reporting improvements on a month-over-month bas...
5 Juni 202011min
Weekly Wrap: COVID-19 pressures used market, ABS deals
This week, the potential bankruptcy news of rental car conglomerate Hertz shook the industry as the liquidation of its fleet, combined with an influx of off-lease vehicles, could flood the used-vehicl...
15 Maj 202012min
Weekly Wrap: GDP contraction signals recession, lenders stock up on cash
This week, news of a 4.8% contraction in the nation’s gross domestic product in the first quarter signaled a recession brought on by the economic fallout of COVID-19, and auto lenders are stocking up ...
1 Maj 202014min
