Risk Management
Santander’s Auto Originations Decline 21% in First Quarter
Via Wikimedia Commons Santander Consumer USA originated $5.4 billion in auto loans and leases in the first quarter, down 21%...
Rideshare Startup Seek Fleet Financing
As more rideshare services launch, the market for strategic partnerships becomes increasingly competitive. And the biggest challenge to success in...
Fifth Third Plans to Shrink Portfolio 30% by 2019
Via Wikimedia Commons Fifth Third Bank plans to reduce its auto portfolio to $7 billion by 2019 as it focuses...
Textron Revs Finance Promotions, Following Arctic Cat Acquisition
Textron Specialized Vehicles, a subsidiary of Textron Inc., launched several finance incentives for its new off-road line to help dealers sell old...
CPS’ Originations Declined 26% Amid ‘Scattered’ Tax Returns, CEO Says
The first quarter was slow for Consumer Portfolio Services, and for the auto finance industry as a whole, because the tax...
Credit Erosion: Cracks Are Starting to Show in Subprime Auto
Fitch Ratings reported subprime delinquencies hit a 20-year high in March, and some of the smaller lenders in the space...
Credit Erosion: Cracks Are Starting to Show in Subprime Auto
Fitch Ratings reported subprime delinquencies hit a 20-year high in March, and some of the smaller lenders in the space...
Will Getaround Expand Toyota Lease Incentive Program With $45MM Funding?
Getaround plans to open up its peer-to-peer carsharing platform to five additional markets this year, including potentially New York, thanks —...
