Podcast: Used-car demand strong amid tight credit, rising DQs
Demand for used vehicles is strong as supply remains limited and affordability is top of mind for consumers. The ...
Tag: delinquencies
Short-term delinquencies rise in Q2, may ‘level out soon’
Short-term delinquencies increased in the second quarter as consumers continued to grapple with inflationary pressures, but performance is likely to ...
Auto delinquency rates up for 34th month in row
Auto delinquency rates rose again in July, marking 34 consecutive year-over-year increases as inflationary pressures and elevated interest rates have ...
Securitized auto loan delinquencies surpass historical levels
Sixty-plus-day delinquencies reached the highest July level since at least 2011 as losses across prime and nonprime securitized auto loans ...
CPS originations up 36% year over year
Consumer Portfolio Services’ originations grew in the second quarter while credit performance weakened. The Irvine, Calif.-based lender’s originations rose 24.7% ...
Net losses rise across prime, nonprime auto ABS
Credit performance across prime and nonprime securitized auto loan pools continued to weaken in June, driven by seasonal consumer spending ...
Ford Credit earnings down 10%, while distributions resume
Ford Credit’s earnings declined in the second quarter while the lender’s portfolio increased, and the captive resumed distributions to parent ...
GM Financial lease originations up 9%
Increased lease production contributed to an uptick in GM Financial’s consumer portfolio in the second quarter as the captive’s floorplan ...
