Joey Pizzolato, Author at Auto Finance News

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Podcast: ‘Weekly Wrap’ discussion on subprime earnings

Subprime auto lenders posted mixed second-quarter earnings last week as

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

New auto derivative to allow lenders to hedge price exposure

Auto lenders will soon be able to hedge used-vehicle price

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Credit Acceptance consumer loan volume jumps 8% YoY

Credit Acceptance Corp. logged an increase in originations in the

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Podcast: ‘Weekly Wrap’ discussion on captive earnings

Captives’ second quarter earnings were mixed as rising interest rates

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Penske Auto floorplan interest expense jumps 242% YoY

Penske Automotive logged an increase in floorplan interest expense in

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Stellantis Financial Services targets $10B in receivables by yearend 2024

Stellantis NV’s captive, Stellantis Financial Services, is looking to more

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though high gas prices continued to pressure consumers, according to...

Podcast: ‘Weekly Wrap’ on Q2 bank earnings

Banks continued pulling back on auto in the second quarter,

U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan and lease originations, which...

F&I providers customize product offerings as affordability worsens

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales and dealer profitability. ...

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to strengthen its capital structure...

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition