Dealer sentiment reaches lowest point since pandemic’s start
U.S. auto dealers are primarily concerned with rising interest rates and deteriorating economic conditions, leaving them with a dim outlook ...
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Listen: Weekly Wrap discussion on retailers, EVs
Each of the major automotive retailers recorded year-over-year increases in finance and insurance (F&I) revenue in the third quarter amid ...
Listen: Weekly Wrap discussion on Q3 earnings close, AFS
Last week, third-quarter earnings began wrapping up and coverage from the Auto Finance Summit continued, with Capital One Auto Finance, ...
Listen: Weekly Wrap on floorplan, inventory and automation
The auto finance landscape continues to evolve in the wake of rising interest rates, elevated vehicle prices and long-running supply ...
Listen: Weekly Wrap discussion on shifting dynamics in auto finance
Last week, credit unions continued on a steady march to claim more market share, reaching a five-year high amid limited ...
Listen: Weekly Wrap discussion on credit availability, used vehicles
Last week the auto finance industry entered the tail end of second-quarter earnings season as used-vehicle values depreciated for the ...
Hertz acquires one-third of fleet from wholesale market
Hertz Global Holdings is still leaning on the wholesale market to acquire inventory as travel demand remains robust and new-vehicle ...
Auto ABS volume sneaks ahead at midyear
Higher volume of prime and nonprime auto loan-backed securitizations (ABS) offset lower lease-backed ABS volume to surpass 2021’s first-half ABS ...
