Used-vehicle prices jump 54% YoY in April
The swift rise of used-vehicle prices that has marked the industry for more than a year is likely to continue,...
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Executive pay stagnates in 2020
The average auto finance executive raked in $1.7 million in compensation last year, a number unchanged from 2019, according to...
Santander Consumer USA logs Q1 origination growth, low NCOs
Santander Consumer USA’s first quarter of 2021 was marked by origination growth, strong credit performance and improving recovery rates, in...
Hudson Cook, McGlinchey, Alston & Bird, Nisen & Elliott members join Auto Finance Risk Summit
Legal experts will join Auto Finance News on Wednesday, May 12, at 12:30 p.m. ET. for the regulation roundtable during...
Cultivating customer journeys with consumer direct lending
The majority of car buyers use third-party websites to find information about new and used cars for sale. Further, 83%...
CAC announces new CEO, lawsuit settlement and Q1 earnings
In tandem with its first quarter earnings report, Credit Acceptance Corp. named a new top leader following former Chief Executive...
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...
Yellen says spending may spur ‘modest’ interest-rate increases
Treasury Secretary Janet Yellen said interest rates may have to rise modestly to prevent the U.S. economy from overheating due...
Capital One auto originations bounce back in Q1
Captial One’s first quarter of 2021 was marked by an improvement in auto originations and strong credit performance, in line...
