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Auto Finance Risk Summit goes virtual

Auto Finance News by Auto Finance News
March 30, 2020
in Capital & Funding, Risk Management
Reading Time: 1min read

While the auto lending and leasing industry looks to navigate through the uncertainty created by the COVID-19 pandemic, the Auto Finance Risk Summit will be held on May 6-7 as a virtual event.

This event transpires at a critical time for risk management as COVID-19 continues to damage global economics and create significant dislocation in the auto finance sector.

As part of the transition to a virtual event, the Summit’s agenda has been refocused to include a presentation on economic scenarios and the future of the auto market, stemming credit losses, and managing heightened digital risk in the face of the pandemic.

The full, revised agenda for the Auto Finance Risk Summit may be viewed here.

The severity of the coronavirus-created recession has yet to be determined. New-vehicle sales in the U.S. for 2020 were already forecast to decline 1.2% before the coronavirus began unwinding economic activity. Now, new forecasts put the SAAR in range of 13 million units. Just today JP Morgan suggested that the decline in 2020 light vehicle sales will exceed 15%, the previous estimate.

The Auto Finance Risk Summit will put these risks into perspective through a combination of live and on-demand presentations, panels, interactive roundtables, and more. All content will be recorded and will be available for up to three months after the event.

This is your opportunity to connect with your peers and gain valuable industry knowledge to better your future, from anywhere. We hope you will join us for these crucial industry conversations.

For more information about the event’s sessions, networking opportunities and interactive features, please visit the event website here.

Tags: Auto Finance Risk SummitCoronavirusdigital riskloss mitigation
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