Senior executives from some of the nation’s largest auto financiers gather to discuss the industry’s trajectory and strategies for overcoming looming challenges and the dynamic credit cycle.
The Women in Auto Finance keynote is an exclusive presentation designed to support and cultivate female leadership within the industry. A highly regarded executive will share personal anecdotes from her journey as a female leader in the sector, including roadblocks she has overcome along the way. This event recognizes the strength, leadership, and dignity of the community of female executives impacting the auto finance industry.
In this interactive session, attendees will take part in a series of live polls to gauge the state of the industry through the eyes of fellow auto finance executives. Results will be presented in real time, with expert commentary from an industry executive.
The coronavirus crisis has made the need for greater digital innovation by auto lenders more acute, even as they have been beefing up digital initiatives in recent years. In fact, a solid digital platform may be the key to mitigating the slowdown in the auto finance market.
Doug Timmerman, President, Auto Finance at Ally will discuss the economy, innovation, industry trends and fresh growth ideas heading into 2021.
Lenders’ dealer partners took a massive hit amid the coronavirus outbreak with shelter in place orders shuttering shops and forcing dealers to acclimate to different sales strategies. In some cases, dealers had to pivot to online sales and touchless vehicle delivery and in some states were even barred from doing that. With months of sales volume lost, lenders need to prop up their dealer partners to help reignite sales and the auto industry overall.