Subprime sinks in Q3, auto originations move closer to pre-pandemic levels
Despite auto originations climbing back to near pre-pandemic levels in the third quarter of 2020, subprime loans continue to decline ...
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US jobless claims fell by more than expected last week
Applications for U.S. state unemployment benefits fell last week, signaling that job cuts may be easing after rising in December ...
Q4 vehicle finance trends with JD Power’s Mike Buckingham
This episode of the Industry Pulse features the second appearance of Mike Buckingham, managing director of PIN auto finance at ...
TrueCar forecasts 16M SAAR in 2021
The new-vehicle SAAR is forecast to reach 16 million units this year, gaining 10% on 2020’s dismal 14.6-million-unit figure. Retail ...
Dueling dynamics will shape consumer credit in 2021
The auto finance industry has veered away from in-person encounters amid the COVID-19 pandemic, but consumers remain the ultimate barometer ...
New-vehicle market continues shift to lower interest rates
A recent shift away from higher interest rates may create an opportunity for auto lenders to target customers in lower ...
Inside GM Financial’s industrial bank application
GM Financial plans to stick to its knitting with the industrial bank it has in the works. GMF described the ...
US factory output rises more than forecast on auto production
U.S. manufacturing output rose by more than forecast in November thanks to a boost in auto production, helping factories continue ...
