Risk Management
Automakers predict elevated margins, tight supply
Auto manufacturers expect tighter supply and elevated new-vehicle margins to remain following pandemic-driven changes during the past three years, but...
Consumer demand shifts to vehicles under $50K
New-vehicle average transaction prices ticked up in August after falling slightly in July as new vehicles listed over $50,000 are...
Illinois law will require repo agencies to wipe consumer data
An Illinois bill requiring repossession agencies to wipe consumer data from vehicles before they leave repo lot will go into...
Deloitte global economist to present at Auto Finance Summit 2023
Deloitte Chief Global Economist Ira Kalish will present on macroeconomic trends affecting the automotive industry during Auto Finance Summit 2023,...
Subprime-focused car dealer U.S. Auto Sales goes bankrupt
U.S. Auto Sales Inc., a car dealer that catered to consumers regardless of their credit history, quietly filed for bankruptcy...
Podcast: ‘Weekly Wrap’ on Carvana ABS, floorplan shakeup
The floorplan financing landscape is changing as inventory improves and dealerships consolidate in the face of elevated interest rates and...
Fed finds a mixed automotive market at summer’s end
One conclusion is clear: there’s no clear conclusion on auto finance trends from the Federal Reserve’s most recent data. Delinquencies...
AutoNation captive pulls out of independent dealerships
AutoNation Finance, formally CIG Financial, has ceased accepting applications from some independent dealerships as the financier prioritizes AutoNation USA locations. ...
