Tag: Weekly Wrap

Delinquencies across prime and nonprime securitized auto loans are moving closer to pre-pandemic levels, while rising interest rates and declining ...

The past week was marked by shifting dynamics in auto finance, with Mechanics Bank exiting the indirect auto lending business, ...

S&P Mobility last week acquired pricing and incentive intelligence provider Market Scan Information Systems, while the automotive asset-backed securitization market ...

Credit demand is weakening as high new and used car prices, rising interest rates and limited supply are muting consumer ...

Fourth-quarter earnings continue to point to mixed results marked by industry headwinds and an increase in digital investment.   Ford ...

Earnings season has so far been marked by declines in lenders’ auto portfolios, while Tesla reported a decrease in leasing ...

Banks last week announced in their earning calls plans to continue pulling back on auto lending as interest rates constrained ...

Banks’ fourth-quarter earnings results painted a mixed picture of auto lending conditions as financiers prepare for a potential recession and ...