AUTO FINANCE NEWS
Community First CU adds payment insurance to improve loan performance
Community First Credit Union is adding payment insurance to protect against rising delinquencies and improve credit performance for its indirect...
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Used-vehicle values down 4% year over year (Big Wheels)
Used-vehicle values inched down sequentially and year over year in September as values cooled from pandemic highs but have not...
Inside OneMain’s growth, Foursight integration with CEO Douglas Shulman (Under the Hood)
While each of OneMain Financial’s three, nonprime-focused product lines offers its own growth potential, the opportunity to cross-sell and leverage...
Q3 vehicle sales show mixed results
Vehicle sales were mixed in the third quarter across all major manufacturers and year-over-year sales volume dipped across the largest...
Retail boat registrations plunge 17% YoY
Boat retail registrations sank year over year in August while inventory levels trended lower on a unit basis in most...
Chase Auto, CPS, SCUSA, Westlake execs join Auto Finance Summit 2024
Auto Finance News is pleased to welcome executives from Chase Auto, Consumer Portfolio Services, Santander Consumer USA and Westlake Financial who will discuss inflation, squeezed capital markets...
3 Strategies for Automotive Lending in a Challenging Selling Environment
Customers are increasingly skeptical when making purchases – with a constant bombardment of advertisements online, on television and on social...
Synthetic auto securitization volume nears 2021 peak
Auto lenders are increasingly using synthetic risk transfer securitizations to offload part of the portfolio’s credit risk to third-party investors...
New-vehicle sales up 7% year over year in September
Retail sales of new and used vehicles slowed in the back half of September but remained higher on a year-over-year...
Equipment dealers capitalize on regional development booms
Construction equipment dealers in fast-growing U.S. regions are capitalizing on demand driven by large infrastructure projects and a surge in…
Specialty equipment financiers see mixed results
Equipment financiers saw a mixed quarter as the lending environment remained tight. Many equipment financiers await the possibility of a…
