Tag: Weekly Wrap

Captives’ second-quarter earnings last week reflected portfolio growth despite affordability and incentive challenges.   Ford Credit and GM Financial’s outstandings increased ...

Second-quarter bank earnings continue to point to mixed loan production volume and a rise in leasing spurred by EVs.   U. ...

Second-quarter bank earnings kicked off this week and showed a continued slowdown in auto originations compared with a year ago. ...

June marked mixed vehicle sales and an uptick in incentives ahead of the July Fourth holiday, while the industry continues ...

Higher insurance costs are exacerbating affordability and funding challenges for subprime borrowers as the auto finance industry continues to navigate ...

Point-of-sale financing as an alternative payment method is a growing opportunity for lenders, technology company Pagaya’s President Sanjiv Das says on this episode of ...

Car dealerships are leaning on manual processes following consecutive cyberattacks against software provider CDK Global last week.  Dealers have been ...

Leasing is picking up in tandem with incentives while used-vehicle values decreased in May — positive signs toward improving affordability.   ...