Captives, OEMs combat tariffs with collaboration
Captives and OEMs are meeting regularly to address affordability in a market defined by uncertainty, as President Donald Trump signed ...
Tag: AFSEast25
Auto lenders, dealers see opportunity in uncertain environment
Auto lenders and dealers are adapting their strategies in the face of an onslaught of new trade policies and recent ...
NMAC, GM Financial invest in underwriting tech
Nissan Motor Acceptance Co. is investing in technology to improve communication with consumers and to enhance portfolio management and underwriting, ...
PenFed IDs 3 types of consumers ripe for refi
Refinancing demand is on the rise as consumers look for ways to save money and lower their payments amid rising ...
SCUSA CFO talks steady underwriting, growth focus
Santander Consumer USA is taking a steady approach to underwriting and pricing amid fluctuating consumer demand, auto tariffs and worsening ...
Auto delinquencies at highest Q1 level in 16 years
Auto delinquencies are up as cash-strapped consumers grapple with rising costs and affordability. The overall first-quarter, 60-plus day delinquency rate ...
Capital One: ‘Swiss cheese,’ multilayered approach needed to fight fraud
After auto fraud exposure hit record highs in 2024, lenders and dealers are using multilayered fraud-prevention systems and looking to ...
Used-vehicle floorplan to see uptick ahead of tariffs
Used-vehicle floorplan financing could gain from tariff-induced tailwinds as dealerships prepare to shrink inventory. Floorplan lender NextGear Capital will benefit ...
