Amanda Harris, Author at Auto Finance News

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

A Rivian electric pickup truck at a Rivian service center in New York City.

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Lindsay Casas, Director – Financial Services, Group 1 Automotive Scot Hensel, Finance Director, Kunes Auto Group Jim Murray, President, Western Funding Jennifer Parsons, Sr. Director of F&I, Walser Automotive Group (Courtesy/Auto Finance News)

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

CarMax to roll out updated AI chatbot tools

CarMax is testing AI chatbot capabilities for retail associates and

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Podcast: July 4 sparks 0% deals, Q2 sales robust

Second-quarter sales of new autos were mixed following a spike

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

CFPB halves estimate of ‘credit invisible’ consumers

The Consumer Financial Protection Bureau has updated its methodology for

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Pagaya streamlines underwriting, counteroffers

AI-based financier Pagaya Technologies is investing in capabilities for faster

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Podcast: Used-EV market ramps up as tax credit end looms

Sales of used electric vehicles are ramping up as it

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Student debt could raise losses across securitized auto loans

Credit performance across securitized auto loans worsened year over year

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Auto Finance Composite Index down 12% YoY (Big Wheels)

Auto asset-backed securitization volume was a major driver of auto

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training