Weekly Wrap discussion on Q2 earnings kickoff
Second-quarter earnings kicked off last week to mixed results amid declining auto loan demand, even as sales remain strong. In this episode of the “Weekly Wrap,” the auto finance news editors discuss ...
17 Juli 202312min
Weekly Wrap discussion on indirect auto market, EV sales
June marked a continued pullback on indirect auto lending in a challenging market, but a strong sales month for electric vehicles. In this episode of the “Weekly Wrap,” Auto Finance News’ Deputy Edito...
10 Juli 20238min
Weekly Wrap discussion on Fifth Third pullback, EV financing
Shake-ups in the market continued last week as Fifth Third pulled back from indirect auto in western states, EV prices fell and negative equity on used-car loans increased. In this episode of the “Wee...
3 Juli 20239min
‘On the Job’ with Vroom and UACC Chief Adviser Bruce Newmark
In this episode of “On the Job,” Bruce Newmark, chief adviser at Vroom and United Auto Credit, speaks with Auto Finance News Senior Associate Editor Riley Wolfbauer about his leadership style and the ...
27 Juni 202321min
Weekly Wrap discussion on credit performance, CAF earnings
CarMax Auto Finance is the latest auto lender to brace for an increase in delinquencies ahead of second-quarter earnings season as rising interest rates continue to squeeze consumers. In this episode ...
26 Juni 202310min
Weekly Wrap discussion on loan and leasing trends
Loan terms are shortening, leasing is making a return and market share is trending back toward normal breakdowns as interest rate increases slow.
20 Juni 20236min
Weekly Wrap discussion on Citizens’ exit, changing dynamics
Last week, Citizens Financial Corp. pulled out of indirect auto, marking the second bank to voluntarily exit auto financing and the fourth financier to shutter operations this year.
12 Juni 20238min
Weekly Wrap discussion on improved credit performance, powersports
Last week, new data showed that credit performance improved month over month in April across securitized loans on the heels of tax season, while Honda eyes incentive normalization as inventory builds....
5 Juni 20237min
