State of the Auto Lending Industry

Historically, credit unions’ portfolios have leaned heavily into auto loans; at a swift pace though, the auto lending industry has transformed and is poised for continued movement. Customer purchase trends, interest rates and inflation, inventory shortages, new and used vehicle pricing, originations, portfolio performance, market share – it’s a seemingly endless list of intertwined consumer and economic factors that must be understood and taken into account when making strategic decisions for your organization.
 

Join Allied Solutions’ Suzi Straffon and Jack Imes as they engage in a lively discussion and break down what’s happening in the world of auto finance, walk through expectations for 2023, and outline proactive measures your credit union should take to make sure your organization survives and thrives during these tumultuous times.