Future of Mobility, Part II: Rise of AVs Means Decline in Loan Volumes

  • Emma Sandler
  • June 20, 2017
With the rise of autonomous vehicles, loan volumes, as well as underwriting procedures, are posed to undergo a significant change. A Deloitte study explored the possible impact of self-driving vehicles on auto finance, and found that $500 billion in new loans and leases are originated annually, with 86% of new car purchases and 55% of used ones relying on […]