Riley Wolfbauer is an Associate Editor for Auto Finance News, specializing in the national auto finance industry. With a focus on providing insights and analysis, Riley covers a wide range of topics including vehicle sales, industry trends, economic outlooks, and regulatory developments. Riley's work has also been featured in Bank Automation News, further showcasing their expertise in the financial sector.
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United States (National)
Riley Wolfbauer's coverage primarily revolves around the automotive industry, with a strong focus on finance and sales & marketing. He frequently cites data and engages in event coverage, suggesting an interest in current trends and developments within these sectors.
Given his emphasis on expert commentary and citing data, Riley is likely to be responsive to pitches from professionals who can offer deep insights into topics such as auto lending, economic outlooks affecting the automotive industry, buyer's market dynamics, RV sales trends, powersports promotions, repo agencies' challenges and their impact on the market.
His national geographic focus aligns with a specialized understanding of the U.S. automotive landscape. Therefore, relevant pitches should leverage localized insights or demonstrate how specific trends are shaping or being shaped by conditions within the United States.
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by Riley Wolfbauer March 4, 2024 in Risk Management Reading Time: 4 mins read
As vehicle prices and interest rates remain elevated, monthly payments continue to hover around all-time highs, making it more difficult for dealers to sell finance and insurance products to consumers whose budgets are already squeezed. Selling F&I products is about educating the consumer on which products are best fit for them, Mike Kunes, senior agent […]
Automotive retail sales slowed in January and February amid affordability pressure from elevated interest rates and high vehicle prices, and declining consumer loan demand, according to the Federal Reserve’s Beige Book. The Federal Reserve System’s March 6 edition of Beige Book is based on data collected from the 12 Fed districts as of Feb. 26.
Listen as AFN editors break down top stories from the past week
By: Originations Were, Riley Wolfbauer
Powersports lender Octane Lending is projecting a 15.4% year-over-year increase in originations in 2024 after originations were flat YoY at $1.2 billion in 2023. Octane projects it will originate $1.5 billion in powersports loans this year, Chief Executive Jason Guss told Auto Finance News. “We strategically kept originations flat [in 2023],” Guss said. “We’re […]
Powersports retailer RumbleOn’s sale of the RumbleOn Finance portfolio for $17 million in January allowed the company to reduce its term debt, the company reported during its fourth-quarter earnings call today, also noting that its finance and insurance revenue inched down. Irving, Texas-based RumbleOn closed the sale of its finance portfolio to an undisclosed buyer, Chief […]
Powersports lenders project mixed origination volume in 2024 as credit unions and regional banks pull back in the space, consumer application quality declines.
By: Riley Wolfbauer
A diverse group of auto finance executives will take the stage to discuss strategies to enhance dealer relations in a tightened lending environment at Auto Finance Summit East 2024, taking place May 1-3 in Nashville, Tenn.
Motorcycle and powersports values fell across nearly every segment in February as dealers were flush with new inventory, trending outside typical seasonal increases. Prices continue to slide on powersports units as values decrease from pandemic-driven highs, Scott Yarbrough, senior analyst of motorcycle and powersports at Black Book, told Auto Finance News. “Prices are still going […]
Snowmobile retail sales and origination volumes were down during the winter selling season this year as snowfall across the United States was light.
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