Bloomberg News, Author at Auto Finance News

U.S. hybrid vehicle sales increased at American Honda Motor, Kia America, Hyundai Motor America and Toyota Motor North America in...

High-tech repairs, rising vehicle prices spur F&I sales jump

Podcast: Arivo Acceptance eyes increased auto ABS cadence

The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators. “It's an important source of capital...

Car with a price sticker on the back window

Lease here, pay here could boost dealer cash flow, speed vehicle recoveries

A growing niche of dealers are offering in-house leasing products to receive state-specific tax deductions and to make repossessing vehicles...

Nikola’s future cloudy as founder exits amid allegations, probes

Nikola Corp. faces an uncertain future following the sudden departure

Tim Owens retires after 15-plus years at Bank of America

Bank of America Head of Consumer Vehicle Lending Tim Owens has retired, a company spokesperson confirmed to Auto Finance News. Tim Owens Owens, who joined the...

July US hybrid sales surge at Honda, Kia, Hyundai, Toyota

U.S. hybrid vehicle sales increased at American Honda Motor, Kia America, Hyundai Motor America and Toyota Motor North America in...

Podcast: Arivo Acceptance eyes increased auto ABS cadence

The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators. “It's an important source of capital...

Lease here, pay here could boost dealer cash flow, speed vehicle recoveries

A growing niche of dealers are offering in-house leasing products to receive state-specific tax deductions and to make repossessing vehicles...

US jobless claims resume drop in sign of gradual improvement

The number of Americans applying for jobless benefits resumed its

Tim Owens retires after 15-plus years at Bank of America

Bank of America Head of Consumer Vehicle Lending Tim Owens has retired, a company spokesperson confirmed to Auto Finance News. Tim Owens Owens, who joined the...

July US hybrid sales surge at Honda, Kia, Hyundai, Toyota

U.S. hybrid vehicle sales increased at American Honda Motor, Kia America, Hyundai Motor America and Toyota Motor North America in...

Podcast: Arivo Acceptance eyes increased auto ABS cadence

The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators. “It's an important source of capital...

Lease here, pay here could boost dealer cash flow, speed vehicle recoveries

A growing niche of dealers are offering in-house leasing products to receive state-specific tax deductions and to make repossessing vehicles...

Fed signals rates will stay near zero for at least 3 years

The Federal Reserve left interest rates near zero and signaled

Tim Owens retires after 15-plus years at Bank of America

Bank of America Head of Consumer Vehicle Lending Tim Owens has retired, a company spokesperson confirmed to Auto Finance News. Tim Owens Owens, who joined the...

July US hybrid sales surge at Honda, Kia, Hyundai, Toyota

U.S. hybrid vehicle sales increased at American Honda Motor, Kia America, Hyundai Motor America and Toyota Motor North America in...

Podcast: Arivo Acceptance eyes increased auto ABS cadence

The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators. “It's an important source of capital...

Lease here, pay here could boost dealer cash flow, speed vehicle recoveries

A growing niche of dealers are offering in-house leasing products to receive state-specific tax deductions and to make repossessing vehicles...

Fiat’s dividend slashed to boost cash after merger with PSA

Fiat Chrysler Automobiles NV and PSA Group amended the terms

Tim Owens retires after 15-plus years at Bank of America

Bank of America Head of Consumer Vehicle Lending Tim Owens has retired, a company spokesperson confirmed to Auto Finance News. Tim Owens Owens, who joined the...

July US hybrid sales surge at Honda, Kia, Hyundai, Toyota

U.S. hybrid vehicle sales increased at American Honda Motor, Kia America, Hyundai Motor America and Toyota Motor North America in...

Podcast: Arivo Acceptance eyes increased auto ABS cadence

The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators. “It's an important source of capital...

Lease here, pay here could boost dealer cash flow, speed vehicle recoveries

A growing niche of dealers are offering in-house leasing products to receive state-specific tax deductions and to make repossessing vehicles...

U.S. Consumer Credit Extends Rebound as Auto Sales Increase

U.S. consumer borrowing rose in July for a second month,

Tim Owens retires after 15-plus years at Bank of America

Bank of America Head of Consumer Vehicle Lending Tim Owens has retired, a company spokesperson confirmed to Auto Finance News. Tim Owens Owens, who joined the...

July US hybrid sales surge at Honda, Kia, Hyundai, Toyota

U.S. hybrid vehicle sales increased at American Honda Motor, Kia America, Hyundai Motor America and Toyota Motor North America in...

Podcast: Arivo Acceptance eyes increased auto ABS cadence

The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators. “It's an important source of capital...

Lease here, pay here could boost dealer cash flow, speed vehicle recoveries

A growing niche of dealers are offering in-house leasing products to receive state-specific tax deductions and to make repossessing vehicles...

US unemployment rate drops by more than expected, to 8.4%

The U.S. labor-market rebound extended for a fourth month in

Tim Owens retires after 15-plus years at Bank of America

Bank of America Head of Consumer Vehicle Lending Tim Owens has retired, a company spokesperson confirmed to Auto Finance News. Tim Owens Owens, who joined the...

July US hybrid sales surge at Honda, Kia, Hyundai, Toyota

U.S. hybrid vehicle sales increased at American Honda Motor, Kia America, Hyundai Motor America and Toyota Motor North America in...

Podcast: Arivo Acceptance eyes increased auto ABS cadence

The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators. “It's an important source of capital...

Lease here, pay here could boost dealer cash flow, speed vehicle recoveries

A growing niche of dealers are offering in-house leasing products to receive state-specific tax deductions and to make repossessing vehicles...

US jobless claims give mixed picture with shift in adjustments

U.S. unemployment-claims figures gave a mixed picture of the labor

Tim Owens retires after 15-plus years at Bank of America

Bank of America Head of Consumer Vehicle Lending Tim Owens has retired, a company spokesperson confirmed to Auto Finance News. Tim Owens Owens, who joined the...

July US hybrid sales surge at Honda, Kia, Hyundai, Toyota

U.S. hybrid vehicle sales increased at American Honda Motor, Kia America, Hyundai Motor America and Toyota Motor North America in...

Podcast: Arivo Acceptance eyes increased auto ABS cadence

The auto asset-backed securitization market remains resilient as a funding outlet for many issuers and originators. “It's an important source of capital...

Lease here, pay here could boost dealer cash flow, speed vehicle recoveries