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...

PNC reduces allowance coverage as delinquencies improve

PNC Financial cut automotive allowance for credit loss coverage for

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...

Bank of America auto originations fall 10%

Bank of America’s auto originations dipped in the fourth 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

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...

Big Wheels: EV financing volume outlook flat in next 6 months

Most auto financiers are less optimistic about EV financing volumes

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...

Big Wheels: Lessors expect stronger lease demand in H1 2024

Auto lessors are expecting an increase in consumer demand 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...

Big Wheels: Lenders bullish on originations volume through June, exclusive data shows

Auto lenders are expecting more loans in 2024, a new

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...

Applications open for 2024 Demo Challenge at AFS East

Fintechs in financial services can now apply to present at

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...

Editor’s pick: Top features of 2023

Auto lenders may have slowed loan production in 2023, but

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