Weekly Wrap: Industry pushes forward with cautious optimism

from Auto Finance News Podcast Hosted by Auto Finance News

This week, the Auto Finance Summit was in full swing, and a resounding theme among executives in the industry was one of cautious optimism. Initial forecasts surrounding the fallout of the coronavirus pandemic haven’t yet come to pass, as the third quarter was marked by strong credit performance, origination volume and used-vehicle values. Still, peak credit losses are expected in 2021, which could be problematic as lenders look to forecast the coming year amid flattening credit loss provisions.

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Weekly Wrap: Industry pushes forward with cautious optimism

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This episode is 18 minutes long.

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This episode was published on October 23, 2020.

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