Off the Lot: Forecasting performance in 2024
Welcome to 2024 and to my new column in Auto Finance News, which we are calling “Off the Lot” because ...
Tag: Columns
Under the Hood: Prime lenders propel 50% boost in 2023 ABS volume
Prime auto loan-backed securitization volume shot up 50.7% in 2023, to $77.2 billion, as 13 lenders entered or rejoined the ...
CFPB auto lending complaints jump 46% in 2023
Consumer complaints submitted to the Consumer Financial Protection Bureau related to vehicle loans and leases increased 46.3% year over year ...
2024 economic outlook: Sticking a soft landing
The consensus among economists and auto finance industry leaders heading into 2024 is much brighter than their prognosis for 2023, ...
Under the Hood: Few FTC commenters cite junk fees in auto finance
Comments have been streaming in for the FTC’s proposed rule targeting “junk fees,” the term used to describe hidden or ...
Under the Hood: Will micro-leases follow in footsteps of subscription programs?
AutoNation appears to have taken a page from an outdated auto finance playbook with the launch of its latest offering. ...
Under the Hood: CFPB new guidance hinges on negligible complaint data
The Consumer Financial Protection Bureau’s latest statement cautions lenders to avoid discriminating against auto loan borrowers who are immigrants. Yet, ...
Under the hood: Jumpstarting an economy through auto finance
China’s top financial regulator is urging lenders to help consumers — especially college graduates — buy more cars. China’s National ...
