Amanda Harris, Author at Auto Finance News

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Carvana again expands co-sign offering

Carvana is expanding the number of states in which borrowers

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Bank of America educates associates, public on EV financing initiatives

Bank of America is looking to educate the bank’s associates

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

New-vehicle sales dip in August

Tight supply continues to hamper new-vehicle sales this summer as

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Investors sue Banco Santander following acquisition deal

Elliott International is suing Santander Holdings USA (SHUSA) following the

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

High auction prices have dealerships turning to consumers

Some dealerships are leaning on trade-in vehicles and cars purchased

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Vehicle preorders prompt financing competition

Auto manufacturers continue to see strong numbers for preordered vehicles,

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Toyota Financial Services issues $750M diversity bond

Toyota Financial Services (TFS) has issued a $750 million medium-term

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls