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...

Ford Credit 84-month-term mix rises to 21%

Ford Credit‘s percentage of retail contracts with 84-plus-month terms rose

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...

Rizz Lending originations rise as luxury buyers become more selective

Rizz Lending‘s originations and average amount financed increased on the

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: Ally Financial, Capital One, Huntington Bank auto originations mixed

Ally Financial, Capital One and Huntington Bank posted mixed results

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...

CULA expands footprint as lease production rises 56.6%

Affordability challenges are prompting more credit unions to lean into

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...

Tesla lease penetration dips, deliveries climb in Q2

Tesla‘s lease penetration ticked down year over year in the

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...

AmeriTrust Financial rolls out leasing for military personnel

Lessors are expanding programs as consumers look for ways to

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...

GM Financial originations dip 5.4%

GM Financial‘s originations declined 5.4% year over year in the

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