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 jobless claims fall more than forecast to pandemic low

U.S. applications for unemployment benefits fell more than expected last

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...

BMW records first quarterly loss since 2009 on virus impact

BMW AG’s loss-making automotive division dragged the company into the

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...

Ford says Jim Hackett to retire as CEO; Farley to replace

Ford Motor said that CEO Jim Hackett, who has led

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...

Lordstown Motors joins electric-vehicle rush to stock market

Lordstown Motors Corp., the electric-truck startup that stepped in 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 economy shrinks at record 32.9% pace in second quarter

The U.S. economy suffered its sharpest downturn since at least

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 rise a second week in sign of growing risks

The number of Americans filing for unemployment benefits increased for

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...

Aston Martin first-half loss widens in run-up to SUV launch

Aston Martin Lagonda Global Holdings Plc reported a wider first-half

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