Features | Auto Finance News - Part 5

5 Private-Equity Trends to Watch in 2018

In the recovery period following the great recession there was a surge of private-equity investment in the auto finance space, but since then enthusiasm has waned. Several firms are looking for an exit ramp from properties they have sunk billions of dollars into as delinquencies soar. Independent finance companies have been unable to stop delinquencies […]

Santander Exec Aims to Bolster Growth of Fiat Chrysler Automobiles

Santander Consumer USA (SC) is focused on bolstering its relationship with Fiat Chrysler Automobiles (FCA), following the addition of Rich Morrin as president of Chrysler Capital and auto relationships. The subprime lender continued its executive-level shakeup in early October 2017 with the appointment of a new chief financial officer, a head of operations, and president […]

7 Powersports Executives Offer Predictions for 2018

Despite lagging sales and natural disasters last year, 2018 is projected to be a solid year for powersports finance, according to several executives. From potential new-entrant lenders poised to join the industry, to technology enhancements and the newly passed tax bill, a lot is expected to stir in the industry this year. Powersports Finance asked […]

Stanutz Reflects on 31 Years of Growth at Huntington Amid Retirement

Nick Stanutz counts Huntington Bank’s sixfold growth of its auto portfolio as one of the highlights of his 31-year career with the company. Stanutz, the bank’s senior executive vice president and managing director of auto finance, will retire at yearend. Through September, Huntington had $11.9 billion of auto loans outstanding, up from $10.8 billion in […]

11 Executives Offer Predictions for 2018

From the expansion of mobility services to technology enhancements and continued depreciation of used-car values, a lot has been stirring in the auto finance space this year. And even more change is anticipated next year, according to some executives in the auto finance sector. Auto Finance News asked eleven executives, “What are your predictions for […]
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