Competition Revs Up in Floorplan Lending, as Sales Show Signs of Tempering
The partnership between a dealer and a floorplan lender is “very relationship-based, and very emotional,” said Brian Fallon, senior vice...
Magazine
VW’s Uphill Battle: Can the Captive Overcome the Emissions Scandal?
One of the many considerations Eithne Higgins weighed when purchasing her 2010 Volkswagen Seat Leon was its resale value. Yet,...
Lenders Focus on Collections, as Delinquencies Tick Up
Although delinquencies benefited from tax refund season, according to S&P Global’s March U.S. Auto Loan ABS Tracker, 60-day subprime delinquencies...
Credit Erosion: Cracks Are Starting to Show in Subprime Auto
Fitch Ratings reported subprime delinquencies hit a 20-year high in March, and some of the smaller lenders in the space...
