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Amanda Harris

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Recovery rates slip as liquidations normalize

Auto loan recovery rates have started to come down from the clouds despite record-high vehicle values.

US jobless claims fell by more than expected last week

Applications for U.S. state unemployment benefits fell last week, signaling that job cuts may be easing

Auto props up Fifth Third’s Q4 consumer portfolio

Indirect auto loans again propped up Fifth Third Bank’s total consumer portfolio, offsetting declines in mortgage

NextCar taps Georg Bauer as co-founder, president and vice chairman of the board

Georg Bauer has joined Scott Painter’s subscription service founded in October 2020, NextCar, as co-founder, president,

Synchrony renews financing relationship with Kawasaki Motors

Synchrony Financial and Kawasaki Motors Corp. have extended their multiyear financing agreement, the two companies announced

Huntington Auto sees Q4 decline in dealer floorplan

COVID-19 continues to hamper vehicle manufacturing, leading to a decline in floorplan assets at Huntington Auto

Ally Financial closes year on high note

Ally Financial closed out 2020 with strong origination volume and positive credit performance despite COVID-19’s adverse

Weekly Wrap: Q4 earnings kick off

Auto lenders have so far seen mixed results in their fourth-quarter earnings. PNC Financial Services, for

Credit Union Auto Lending Surges

David Thompson

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