Big Wheels: Outstandings hit record $1.2T despite slowdown
The auto finance market eked out 4.6% in growth in 2019, as loan and lease outstandings hit an all-time high...
As Deputy Editor of Auto Finance News, Nicole is responsible for editorial strategy covering the trillion-dollar auto lending business. Through daily news alerts, magazine features, and multimedia, her team of stellar reporters covers the latest market trends, innovations, and regulations impacting auto financiers. Additionally, Nicole oversees AFN’s editorial strategy across three different events. Further, she manages the content strategy for Auto Finance Excellence, the sister site to AFN. In her previous role, she covered the housing and mortgage industry for Dallas-based DSNews and MReport magazines. She holds a Master of Arts in Mass Communication and a Bachelor of Arts in Journalism both from the College of Media & Communication, Texas Tech University.
The auto finance market eked out 4.6% in growth in 2019, as loan and lease outstandings hit an all-time high...
COVID-19 has spurred some of the nation’s largest auto financiers to accelerate adoption of an e-commerce business model. Enter startup...
General Motors has extended $3.6 billion under its three-year revolving credit line to April 2022, just one week after renewing...
Capital One Financial Corp. has set aside $2.1 billion in reserve for its auto portfolio amid a 45% year-over-year decline...
Fifth Third Bank has set aside an additional $129 million in reserve for its indirect consumer loans, which consist predominantly...
General Motors is shutting down its car-sharing service Maven just one month after suspending operations due to the impact of...
General Motors has renewed its $1.95 billion, 364-day revolving credit facility for the “exclusive” use of its captive finance arm...
Westlake Financial’s subsidiary, Westlake Portfolio Management (WPM), has been tapped by Coastal Credit LLC to be the third-party servicer of...
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