The Auto Finance Roadmap

228 Episodes

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Weekly Wrap discussion on earnings, sales

2024-04-2903:32

First-quarter earnings continued to bring mixed results as vehicle sales slowed in April.

Weekly Wrap discussion on Q1 earnings kickoff

2024-04-1505:11

First-quarter earnings kicked off last week with banks reporting a decline in auto originations. Chase Auto and Wells Fargo Auto’s origination volume decreased year over year in Q1, while outstandings were mixed.Meanwhile, auto credit availability improved across all lender types in March.

Weekly Wrap discussion on used-car values, new-vehicle sales

2024-04-0804:19

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

Weekly Wrap discussion on sales, incentives

2024-04-0105:24

The return of higher supply levels is contributing to an uptick in incentives and increased new-vehicle sales projections. Meanwhile, the powersports market is feeling the ramifications of higher interest rates.

Weekly Wrap discussion on capital funding, competition

2024-03-2505:09

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

Weekly Wrap on powersports, tech investment

2024-03-1809:29

Powersports lenders project mixed origination volume in 2024 as credit unions and regional banks pull back in the space and consumer application quality declines. In this episode of the “Weekly Wrap,” Auto Finance News Deputy Editor Amanda Harris and Senior Associate Editor Riley Wolfbauer discuss the top trends during the week ended March 15.

Weekly Wrap on used vehicle values, EVs

2024-03-1107:54

Wholesale used-vehicle values ticked down in February while electric vehicle residual values are causing concern for asset-backed securities investors. In this episode of the “Weekly Wrap,” Auto Finance News Deputy Editor Amanda Harris and Senior Associate Editor Riley Wolfbauer discuss the top trends during the week ended March 8. 

Weekly Wrap discussion on credit tightening, performance

2024-03-0409:19

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

Weekly Wrap discussion on aftermarket compliance, EVs

2024-02-2609:26

Aftermarket product sales have become more crucial for dealerships as vehicle profits decline, prompting the industry to increasingly turn to digital finance and insurance offerings. The ancillary product market is also a hot topic for regulators as the Consumer Financial Protection Bureau and the FTC look closely at how lenders manage the addition of aftermarket products within retail installment contracts and how financiers issue refunds when add-on products are canceled.

Weekly Wrap discussion on auto finance growth, powersports earnings

2024-02-1208:19

Auto lenders expect 2024 to be a year of growth driven by technology updates and loosening credit standards. Powersports sales and financing performance are mixed.

Weekly Wrap discussion on GM Financial, CAC earnings

2024-02-0504:01

Earnings season continued last week with GM Financial and Credit Acceptance Corp. reporting a rise in originations and worsened consumer credit performance.

Weekly Wrap discussion on Vroom, Sonic Automotive closures

2024-01-2910:06

Rising costs and limited supply have created challenges for used-car retailers, evidenced by Vroom’s planned shutdown of its used-car sales and e-commerce business and the closure of several Sonic Automotive-owned dealerships last week.

Podcast: ‘Weekly Wrap’ on mixed Q4 bank earnings

2024-01-2207:04

Elevated interest rates contributed to a competitive landscape that prompted some banks to slow auto lending activity in the fourth quarter while others saw growth in origination volume.

Weekly Wrap discussion on Q4 earnings kickoff

2024-01-1604:47

Fourth-quarter earnings season kicked off with several banks reporting mixed results in auto originations as some tightened credit and others picked up auto lending activity.

Weekly Wrap discussion on EV tax credit changes

2024-01-0806:56

Stricter federal tax credit requirements for electric vehicles have prompted price cuts, incentives, and dealer operation changes. Lower interest rates and low unemployment also drive economists’ prediction of a soft landing in 2024.

‘On the Job’ with CULA’s Mark Chandler

2024-01-0321:04

Mark Chandler, vice president for business development at Credit Union Leasing of America, lives and breathes the auto industry and leads his team with an infectious positive energy to create a productive work environment.

Weekly Wrap discussion on 2023 highlights, 2024 expectations

2024-01-0204:40

Affordability and profitability were top of mind for auto lenders in 2023, and 2024 is set to be a year of cautious growth as rates come down.

Weekly Wrap discussion on tightened credit, powersports growth

2023-12-1807:50

Elevated interest rates and inflationary pressures have prompted auto lenders to tighten credit, leading credit unions to step back and create opportunities for other financiers.

Weekly Wrap discussion on sales, pricing

2023-12-1106:26

Incentives and lower monthly payments are helping drive leasing as vehicle sales improved in November. More than 27% of prime and superprime consumers chose to lease their vehicles in Q3, up from about 21% a year earlier, driven by lower payments compared to financed purchases, according to Experian. Deals are also helping prompt leasing, with several OEMs offering low-rate and cash incentives on leases.

'On the Job' with Axos Bank's Anthony Capizzano

2023-12-0618:47

When Anthony Capizzano, senior vice president, head of consumer lending at Axos Bank, returned from the U.S. Marine Corps in 1997, he was interested in two jobs: selling cars and selling coffins. The auto industry drew him in, and he has yet to pull away. In this podcast episode, Capizzano speaks with AFN Senior Associate Editor Riley Wolfbauer about how he aligns his team, the lessons he has learned during his career and how he carries himself as a leader.

#box-pro-ellipsis-171466414413170{-webkit-line-clamp:2;}The Auto Finance Roadmap