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Garret Reich

Auto Finance Technology sponsored by InformedIQ

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Pulse of the Industry: Captives command over 50% of new-vehicle financing

Captive finance companies are eating up market share for new-vehicle financing as a result of aggressive

Q2 powersports sales strong despite low inventory

The coronavirus pandemic spurred powersports sales in the second quarter, but inventory woes continue to plague

Coronavirus and the global auto market: Fragile recovery begins [Feature]

The coronavirus spurred one of the worst periods for vehicle sales in markets across the globe.

Mid-July used values pacing for second-straight record month

Wholesale used-vehicle values have continued to outpace past reporting periods, evidenced by a spike to 155.9

Subprime Rising: How lenders are trying to dig out from the pandemic recession [Feature]

In late February, the financial department at Westlake Financial Services noticed something interesting: A few key

Ally Financial net charge-offs expected to double by year end

Ally Financial forecasts its retail auto net charge-offs (NCO) to be between 1.8% and 2.1% of

Weekly Wrap: second-quarter earnings season kicks off [Video]

This week Bank of America, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto all

Truist Bank ups credit loss provisions, boosts powersports loans

Truist Bank continues to accrue for potential loan losses as the country faces the coronavirus economic

Credit Union Auto Lending Surges

David Thompson

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