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Arivo Acceptance in ‘expansion mode’ on heels of second securitization
Subprime lender Arivo Acceptance is in growth mode after its second entrance into the auto asset-backed securities market and increasing...
Self-insurance, blanket coverage or CPI: Which is better for your auto loan portfolio?
Every lender has unique needs. It is important to take a holistic approach when exploring risk mitigation options. The key...
Q4 brings positive delinquencies, mixed originations for auto finance
The auto industry ended 2020 with better-than-expected delinquency and net charge-off rates, but saw mixed results in outstanding and origination...
Volvo to go electric-only and shift sales online from 2030
Volvo Cars set an ambitious goal to only sell battery cars by 2030, accelerating its plans after sales of electric...
Carvana enjoys Q4 hike in finance GPU, origination volume
Online car retailer Carvana saw soaring finance gross profit per unit (GPU) and origination volume during the COVID-19 pandemic, fueled...
Weekly Wrap: An all-in interest rate cap looms, inclusive lending in the spotlight
Regulatory changes have long been expected with the administration change in Washington, D.C. As the dust beings to settle on...
Five questions with … Chase Auto Chief Executive Peter Muriungi
Peter Muriungi Under Chief Executive Peter Muriungi’s reins, Chase Auto has proved resilient, despite a pandemic...
Work-from-home, e-commerce trends to continue through ’22, executives say
Shifts in the auto finance industry brought on by the pandemic, such as working from home and the rise of...
