Bloomberg News, Author at Auto Finance News

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...

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...

US government acts to reduce distortion in jobless-claims data

The U.S. Labor Department said Thursday it’s changing how it

Auto loan approval rises to 74% in July

Credit access improved year over year in July as auto loan approvals rose and yield spreads narrowed, though the subprime...

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...

Powell’s Fed shifts to more relaxed approach to fight inflation

Federal Reserve Chair Jerome Powell announced a new approach to

Auto loan approval rises to 74% in July

Credit access improved year over year in July as auto loan approvals rose and yield spreads narrowed, though the subprime...

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...

US jobless claims resume decline but report comes with caveats

Applications for state U.S. unemployment benefits decreased last week following

Auto loan approval rises to 74% in July

Credit access improved year over year in July as auto loan approvals rose and yield spreads narrowed, though the subprime...

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...

US jobless claims unexpectedly increase to more than 1M

Applications for U.S. unemployment benefits unexpectedly increased last week, a

Auto loan approval rises to 74% in July

Credit access improved year over year in July as auto loan approvals rose and yield spreads narrowed, though the subprime...

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...

US jobless claims below 1M for first time in pandemic

The number of Americans applying for state unemployment benefits fell

Auto loan approval rises to 74% in July

Credit access improved year over year in July as auto loan approvals rose and yield spreads narrowed, though the subprime...

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...

Fed ramps up auto bond buying with industry starting to recover

The Federal Reserve’s historic foray into the credit market has

Auto loan approval rises to 74% in July

Credit access improved year over year in July as auto loan approvals rose and yield spreads narrowed, though the subprime...

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...

China car recovery gathers pace with July sales accelerating

A recovery in China’s car sales accelerated last month, signaling

Auto loan approval rises to 74% in July

Credit access improved year over year in July as auto loan approvals rose and yield spreads narrowed, though the subprime...

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