William Hoffman, Author at Auto Finance News

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

A Rivian electric pickup truck at a Rivian service center in New York City.

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Lindsay Casas, Director – Financial Services, Group 1 Automotive Scot Hensel, Finance Director, Kunes Auto Group Jim Murray, President, Western Funding Jennifer Parsons, Sr. Director of F&I, Walser Automotive Group (Courtesy/Auto Finance News)

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Off-Lease Volume to Surge, but Remain Manageable, OEMs Say

LAS VEGAS — Off-lease volume is expected to surge and

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Trump Looks to Fill Administration With Deregulators

President-elect Donald Trump’s campaign rhetoric and staffing picks indicate a

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Fitch Ratings Predicts ‘Negative’ Outlook for 2017 Auto Financing

Finance and leasing companies should expect a “negative sector outlook”

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

GMF Caters to Subprime Borrowers for Uber Rideshare Program

General Motors Co.’s mobility brand Maven is partnering with Uber

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Quarterly Earnings Show Signs of Tightening

Credit restrictions and underwriting practices show signs of tightening this

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Depressed Car Values at Hertz is a Bad Sign for Captive Remarketing

Car rental company Hertz Global Holdings Inc. announced a 14%

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training

Lenders are considering more involved training and monitoring for compliance as dealers face increased regulatory scrutiny this year. BMW Financial...

Lenders relying more on cash flow, alternative sources to improve underwriting

Auto lenders are increasingly using consumer banking data and other alternatives to traditional credit scores to better inform decisions. ...

Rivian secures $1B in Volkswagen deal

EV manufacturer Rivian secured a $1 billion, 10-year term loan from Volkswagen Group tied to the companies’ joint venture. The...

Group 1 sees used-car leasing growth potential as loans get longer

Used-vehicle leasing could become a larger part of dealership sales as retailers seek alternatives to extended loan terms, although dealer...

Limited Credit Check ‘New Standard,’ Carvana Exec Says

As digital finance platforms make the car-buying experience more transparent,

Auto lenders consider ‘day-to-day’ dealer compliance monitoring, training