Risk Management
Carvana holders gird for worst with credit risk, losses mounting
It took Carvana Co. just a few years to grow from a startup to the second-biggest used car seller in the US....
Automakers brace for GOP-led house to try to erode EV incentives
Automakers have long relied on incentives to bolster the electric-vehicle market. With Republicans now set to take control of the...
30% of repo agencies shut down due to unprofitability
SAN DIEGO — Repossession volume is expected to increase in the coming year, a challenge exacerbated by an estimated 30%...
Huntington leverages location data to improve repo recovery rates
SAN DIEGO — Lenders looking to drive recovery rates and keep costs down should provide accurate vehicle location data to...
ATPs rise to near-record high in October
Average transaction prices (ATPs) rose in October, nearing the record high set in August after September recorded a slight decrease....
Capital One makes cuts in auto division
Capital One has initiated layoffs for a "small portion" of the 3,300 associates in its auto division, a company spokesperson...
US inflation slows more than forecast, gives Fed downshift room
US inflation cooled in October by more than forecast, offering hope that the fastest price increases in decades are ebbing...
Subprime auto bonds hit by skipped payments, falling used-car values
Subprime auto loan borrowers are increasingly falling behind on payments, and the value of used cars is dropping, two trends...
