Tag: floorplan

Last week, the Auto Finance News team wrapped up the June issue of its monthly magazine, highlighting the evolution of ...

Huntington Auto Finance posted recoveries on net charge-offs in the second, third and fourth quarters of 2021 as the bank ...

Ally Financial’s floorplan outstandings grew in the fourth quarter as the lender gained momentum in a rising rate environment. While ...

Floorplan-backed securitizations all but disappeared in 2021. Nextgear Capital was the sole floorplan securitizer with a single $500 million transaction ...

Bank of America logged split results in its consumer and commercial auto portfolio growth as inventory shortages continue to limit ...

Wells Fargo Auto again posted record origination volume with third-quarter originations jumping 70.4% year over year to $9.2 billion. Origination ...

New-vehicle supply has yet to rebound to levels seen before the COVID-19 pandemic halted production for months, forcing automakers, dealers ...

New-vehicle supply has yet to rebound to levels seen before the COVID-19 pandemic halted production for months, forcing automakers, dealers ...