4 Auto Finance Trends Shaping the Chinese Market

It’s clear that China’s auto finance market is vastly different from the United States, but it’s hard to conceptualize those differences until you’re on the ground facing them head-on. In hosting the Auto Finance Summit Asia earlier this month, the AFN team learned a lot about the industry as it exists in China from difficulties […]

U.S. Bank Improves Auto Decisioning to Compete in Tight-Margin Business

SHANGHAI — U.S. Bank increased its auto decisioning capabilities and improved efficiencies in its sales team earlier this year to reduce expenses and continue to grow the business, said John Hyatt, executive vice president of dealer services. The comments came as part of a panel discussion at the Auto Finance Summit Asia, in which Hyatt […]

Westlake Financial Joins Executive Panel at Auto Finance Summit Asia

Westlake Financial Services will join a panel comprised of other leading  U.S. auto lenders at Auto Finance Summit Asia next month to share best practices for how lenders can grow business in the industry’s competitive landscape. Westlake’s Chief Financial Officer Paul Kerwin will join U.S. Bank’s Executive Vice President of Dealer Services John Hyatt and […]
  • William Hoffman
  • August 7, 2018
  • Asia

Head of U.S. Bank Auto Lending Joins Auto Finance Summit Asia Roster

Auto Finance Summit Asia will host John Hyatt, U.S. Bank’s executive vice president of dealer services, on a panel entitled “Taking Your Finance Business to the Next Level” during the inaugural event this year. The summit is set to take place September 5-6 at the Grand Hyatt in Shanghai and will provide networking opportunities and […]
  • William Hoffman
  • June 6, 2018
  • Asia

Lenders Scrutinize Dealers as Delinquencies Climb Industrywide

DALLAS — Lenders have been more actively policing their dealer networks, executives said during a panel at the Auto Finance Performance and Compliance Summit. Regions Dealer Services has deactivated “quite a few” dealerships in the past few years since settling into its prime/super-prime niche, said Tom Lazenby, senior vice president and head of dealer financial services […]

US Bank Grows Auto Portfolio at 7.5% Clip in 1Q

U.S. Bank grew its auto portfolio 7.5% year over year to $18.87 billion outstanding, according to the lender’s first-quarter earnings report. The bank has maintained high credit quality in its portfolio with an average Fico score of 774 in its indirect channel, which represented 95% of originations. While delinquencies and charge-offs are on the rise, […]
  • William Hoffman
  • April 18, 2018
  • Earnings

Multiple Speakers Set to Engage in Performance and Compliance Summit

Auto Finance News is proud to welcome a full slate of diverse speakers to this year’s Auto Finance Performance & Compliance Summit to be held May 9-10 at the Omni Dallas. The speaker faculty has been finalized with two industry veterans opening the first day of the conference for fireside chats about risk and compliance. […]

Speaker Faculty Continues to Grow for Performance & Compliance Summit

Four auto lending executives have joined the Auto Finance Performance & Compliance Summit speaker roster to give their insights on forming seamless and open dealer relationships. The conference will take place May 9-10, at the Omni Dallas. The panel entitled “Dealer Relationship Strategies” will include Doug Decksheimer, vice president and chief marketing officer of Rifco […]
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