Second-quarter earnings kicked off last week to mixed results amid declining auto loan demand, even as sales remain strong. In this episode of the “Weekly Wrap,” the auto finance news editors discuss the top stories for the week ended July 14, and what to expect in the week ahead. 

June marked a continued pullback on indirect auto lending in a challenging market, but a strong sales month for electric vehicles. In this episode of the “Weekly Wrap,” Auto Finance News’ Deputy Editor Amanda Harris and Senior Associate Editor Riley Wolfbauer discuss the top stories for the week ending July 7, and what to expect in the upcoming earnings season.  

Shake-ups in the market continued last week as Fifth Third pulled back from indirect auto in western states, EV prices fell and negative equity on used-car loans increased. In this episode of the “Weekly Wrap,” the Auto Finance News Editor Joey Pizzolato, Senior Associate Editor Riley Wolfbauer and Associate Editor Johnnie Martinez discuss the top stories for the week ending June 30, and what to expect in the week ahead.

In this episode of “On the Job,” Bruce Newmark, chief adviser at Vroom and United Auto Credit, speaks with Auto Finance News Senior Associate Editor Riley Wolfbauer about his leadership style and the lessons he has learned throughout his career. 

CarMax Auto Finance is the latest auto lender to brace for an increase in delinquencies ahead of second-quarter earnings season as rising interest rates continue to squeeze consumers. In this episode of the “Weekly Wrap,” the Auto Finance News Editor Joey Pizzolato, Deputy Editor Amanda Harris, Senior Associate Editor Riley Wolfbauer and Associate Editor Johnnie Martinez discuss the top stories for the week ending June 23, and what stories to expect in the week ahead.  

Loan terms are shortening, leasing is making a return and market share is trending back toward normal breakdowns as interest rate increases slow.

Last week, Citizens Financial Corp. pulled out of indirect auto, marking the second bank to voluntarily exit auto financing and the fourth financier to shutter operations this year. 

Last week, new data showed that credit performance improved month over month in April across securitized loans on the heels of tax season, while Honda eyes incentive normalization as inventory builds. In this episode of the Weekly Wrap, Editor Joey Pizzolato and Associate Editors Riley Wolfbauer and Johnnie Martinez discuss these stories and what to expect in the week ahead.  

In this episode of the Weekly Wrap, Deputy Editor Amanda Harris and Associate Editor Riley Wolfbauer discuss last week's stories and what to expect in the week ahead. 

Coverage from the Auto Finance Summit East 2023 conference continued last week as the industry prepares for a potential downturn and fraud exposure hit a record high. In this episode of the Weekly Wrap, Editor Joey Pizzolato and Associate Editor Riley Wolfbauer discuss the top stories of Auto Finance Summit East and what to expect in the week ahead.