Tag: Weekly Wrap

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 ...

Last week was marked by records as supply improved, ATP hit a record high in November, and dealer sentiment fell ...

Last week, all eyes were on Carvana as the retailer hired a financial advisor and the company’s major creditors signed ...

As the auto industry faces declining consumer demand amid macroeconomic uncertainty and high vehicle prices, lenders are feeling the squeeze ...

Auto credit availability continued to improve in October while regulation scrutiny ramped up.  The Dealertrack Credit Availability Index increased 0.2% ...

Each of the major automotive retailers recorded year-over-year increases in finance and insurance (F&I) revenue in the third quarter amid ...