News Feed
Capital One auto originations bounce back in Q1
Captial One’s first quarter of 2021 was marked by an improvement in auto originations and strong credit performance, in line...
Ford Credit’s profitability jumps more than $900 million in Q1
For the fourth consecutive quarter, Ford Credit boasted a strong performance, with Q1 2021 earnings before taxes of $962 million,...
Deloitte & Touche, Farm Bank Bureau execs join cyber risk panel at Auto Finance Risk Summit
Industry experts Andrew Morrison, principal of cyber risk service strategy and defense and response at Deloitte and Touche, and Mark...
Huntington Auto’s dealer floorplan continues decline in Q1
Huntington Auto Finance again experienced a decline in floorplan assets in the first quarter of 2021 as the industry grapples...
Vehicle loan outstandings surpass $1.2T in 2020
Despite a global pandemic that depressed vehicle sales, auto loan outstandings reached new heights in 2020 as several lenders logged...
BMW finally buckles under the strain of global chip shortage
BMW AG is giving way to the global shortage of semiconductors after months of managing to maintain output in the...
Gang joins SAFCO as senior risk officer, and other staff moves
Auto Finance News presents industry staffing shuffles for the month of March. Gang joins SAFCO as senior risk officer [caption id="attachment_81442"...
ABS newcomer Credito Real’s preps subprime securitization
For the second time in as many months, a new issuer has joined the auto securitization scene. Credito Real USA...
