The road to recovery: COVID-19’s residual impact [Feature]
Editors' note: This feature first appeared in the June issue of Auto Finance News, available now. Ten weeks after the...
Bubbling Up: The rise of fraud in the COVID-19 economy [Feature]
Instances of detectable auto fraud and cybersecurity breaches are likely to bubble up amid declining vehicle sales as the COVID-19...
SCUSA settles predatory lending suit dating back a decade
Santander Consumer USA has settled a lawsuit leveled by 33 states and the District of Columbia alleging that the subprime...
Honor Finance execs face fraud charges
Honor Finance’s former Chief Executive James Collins and Chief Operating Officer Robert DiMeo have been indicted on federal fraud charges...
Extended loan terms ramp up risk in Honda ABS
American Honda Finance Co.’s latest transaction — its second of the year — is not insulated from the potential effects...
American Credit Acceptance faces pressure in ABS deal
American Credit Acceptance’s latest subprime asset-backed securitization provides a glimpse into the pricing pressure lenders face when leveraging capital markets...
Honda North America powersports sales surge 30%
Honda Motor Co.’s North America powersports sales — which include motorcycles, ATVs, and side-by-sides — had a strong year, ratcheting...
Hertz bankruptcy risk could flood used market
All of Hertz’s $6.04 billion outstanding asset-backed lease securitizations were downgraded by Fitch Ratings today, further spurring concerns that the...
