Incentives, inventory and insights with JD Power’s Mike Buckingham
In the July episode of the Industry Pulse, JD Power's Mike Buckingham, managing director of PIN auto finance, discusses second-quarter...
HDFS records 29% YoY increase in originations as provisions drop
Harley-Davidson Financial Services increased its origination volume in the second quarter despite inventory constraints plaguing the powersports industry. New retail...
Citizens One Auto Finance takes $2M in recoveries as ACL coverage shrinks
Citizens One Auto Finance became the third lender in the last week to record positive recoveries on net charge-offs (NCO)...
Tanya Sanders succeeds Laura Schupbach as head of Wells Fargo Auto
Tanya Sanders, head of Wells Fargo Auto Wells Fargo & Co. announced today that Tanya Sanders...
Ally Financial posts positive recovery on NCOs, surging lease yields in Q2
Reserve releases and record used-vehicle values fueled a positive recovery rate on net charge-offs at Ally Financial and boosted lease...
Weekly Wrap: Q2 earnings season kicks off
Last week, second-quarter earnings season kicked off, with Bank of America, Chase Auto, PNC Financial, Truist Bank, U.S. Bank and...
US Bank logs auto loan growth amid positive recovery rate on NCOs
U.S. Bank in the second quarter recorded a positive recovery rate on net charge-offs and growth in its auto portfolio...
GemCap extends $7.5 million floorplan facility to FlexPath Capital
GemCap, a non-bank lender that provides senior-secured, commercial asset-based loans across multiple industries, has provided a $7.5 million floorplan facility...
