Tag: Weekly Wrap

First-quarter earnings kicked off last week with banks reporting a decline in auto originations. Chase Auto and Wells Fargo Auto’s ...

Used-vehicle values declined again in March while car sales improved as the industry shifts toward a buyers’ market.  The Manheim ...

The return of higher supply levels is contributing to an uptick in incentives and increased new-vehicle sales projections.   Incentive ...

Auto lenders have been active in the past week in funding initiatives, while competition has ramped up across the market.   ...

Powersports lenders project mixed origination volume in 2024 as credit unions and regional banks pull back in the space and ...

Wholesale used-vehicle values ticked down in February while electric vehicle residual values are causing concern for asset-backed securities investors.  The ...

The auto finance industry continues to face a tightened credit environment, worsening credit performance and recoveries, and shrinking subprime market ...

Aftermarket product sales have become more crucial for dealerships as vehicle profits decline, prompting the industry to increasingly turn to ...