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Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here

Fed: Average Amount Financed Continues Decline

Nick Zulovich
WASHINGTON — The average amount financed on a new-vehicle loan via an auto lender continued its descent in June, declining to $24,505, compared with $24,579 in May and $27,397 in April. The last time this figure was down so much was back ... [Read More]

Comerica: Auto Affordability Hits 28-Year High

Nick Zulovich
DALLAS — Consumers still in the market for a new vehicle are turning to cheaper models, according to Comerica's chief economist. This trend led the bank's affordability index to its highest level in almost 30 years. The purchase of an average-priced ... [Read More]

Chrysler Financial Names CEO, COO

Nick Zulovich
FARMINGTON HILLS, Mich. — On Monday, Chrysler Financial announced it has implemented some executive moves to further strengthen the company's focus on its core business. Taking on the newly created position of vice chairman and chief executive officer is Thomas Gilman. Basically, ... [Read More]

DealerTrack Revises Full-Year Guidance, Reports Fewer Network Transactions

Nick Zulovich
LAKE SUCCESS, N.Y. — With sales down throughout the country, not only are automakers and dealers getting hurt, but so, too, are lenders and the platforms that rely on them to bolster profits. One such instance can be found in the ... [Read More]

AmeriCredit Cuts Originations Two-Thirds by Ceasing Certain Loan Products, More

Nick Zulovich
FORT WORTH, Texas — In AmeriCredit's latest moves to remain nimble in the current market atmosphere, the company's chief executive officer said in a conference call Wednesday that it has reduced originations over last year by two-thirds, ceased originations in Canada, ... [Read More]

Fitch Predicts Difficult Times Ahead for U.S. Dealer Floor Plan ABS

Nick Zulovich
NEW YORK and CHICAGO — The weakened U.S. economy, declining dealership profitability impacted by a stressed U.S. vehicle sales environment and the weak credit profiles of U.S. auto manufacturers will lead to worsening asset performance of U.S. auto-related dealer floor plan asset-backed ... [Read More]

ACIG Selects Peak5 to Service Auto Loan Portfolio

Nick Zulovich
DENVER, Colo. — Access Capital Investment Group recently acquired a $34 million auto loan portfolio and has chosen Peak5 to service and collect on the new loans. "We chose Peak5 to service this portfolio because they provide superior back end collection ... [Read More]

Floor Planner DSC Moves Headquarters, Adds Offices in New Markets

Nick Zulovich
CARMEL, Ind. — Dealer Services Corp., an inventory floor planning company based in Indiana, announced it is moving its corporate headquarters to a larger facility in the state. Thanks to of steady growth, both in the number of employees and overall ... [Read More]

Chrysler Revamps Incentives to Make Purchasing More Attractive; Financial Arm Completes Funding Facility

Nick Zulovich
AUBURN HILLS, Mich. — As Chrysler shifts its focus from leasing to retail purchasing, the automaker announced that it is repackaging its incentives to make purchasing a vehicle more affordable. The new strategy includes 72-month finance deals on an expanded range ... [Read More]

ABI Expects Bankruptcies to Surge Past 1 Million by Year-End

Nick Zulovich
ALEXANDRIA, Va. — U.S. consumer bankruptcy filings increased 48 percent nationwide in July from the same period a year ago, according to the American Bankruptcy Institute, which relies on data from the National Bankruptcy Research Center. The overall July consumer ... [Read More]

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