Podcast: ‘Weekly Wrap’ on GM Financial, CAC earnings
Earnings season continued last week with GM Financial and Credit Acceptance Corp. reporting a rise in originations and worsened consumer ...
Tag: delinquencies
Under the Hood: Low-income borrowers face payment struggle
Pandemic-era forbearance programs have run their course, putting auto loan delinquency rates — particularly for low-income borrowers — on an ...
GM Financial lease return rates, lease originations rise YoY
Improved penetration rates contributed to an uptick in GM Financial’s lease originations in the fourth quarter as loan production was ...
Auto origination volume varied across banks in Q4
Origination volumes in the fourth quarter were mixed across the banks that reported auto lending metrics as some institutions tightened ...
USAA ‘cherry-picking’ assets as auto finance competition heats up
USAA is strategically financing certain vehicle types as banks and independent auto finance companies face a challenging market driven by ...
Capital One originations tumble, delinquencies rise
Capital One Auto Finance’s origination volume declined in the fourth quarter following a ramp-up in auto lending during the second ...
Podcast: ‘Weekly Wrap’ on mixed Q4 bank earnings
Elevated interest rates contributed to a competitive landscape that prompted some banks to slow auto lending activity in the fourth ...
Ally Financial’s originations rise 4%
Ally Financial continued to emphasize auto lending in the fourth quarter, leading to an uptick in originations driven by strong ...
