Call center volume spikes at Axis Auto
Axis Auto Finance saw a spike in its call center volume after the start of the pandemic, prompting the subprime ...
Tag: Coronavirus
US initial jobless claims worse than forecast for second week
The number of Americans seeking unemployment benefits was higher than forecast for a second straight week, adding to signs that ...
The rise — and fall — of auto ABS spreads
COVID-19 has affected the health of the nation as well as the securitization market — for the moment. Pre-pandemic, auto-backed ...
Fed amends stress test due to COVID-19
COVID-19 is changing the Federal Reserve’s oversight of banks, Randal Quarles, vice chairman of supervision at the central bank, said ...
CarMax Auto Finance originations plummet amid pandemic
CarMax Auto Finance is one of the first auto lenders to record the adverse effects of the coronavirus pandemic on its book of business, with originations clocking in ...
Subscription services can reignite dealerships [Spotlight]
Auto financiers across the nation are refocusing on alternative forms of vehicle ownership as the coronavirus economy continues to put ...
Italy close to approving $7.1B loan to Fiat Chrysler
Italy is close to approving a 6.3 billion-euro ($7.1 billion) credit facility for Fiat Chrysler Automobiles NV, setting the stage for ...
Weekly Wrap: Pandemic car buying, mid-June gains, and rising fraud [Video]
This week, the Auto Finance News team took a hard look at what the car buying and financing experience was ...
