Canada will impose new tariffs on Chinese-made electric vehicles, aluminum and steel, lining up behind western allies and taking steps…

Axis Auto Finance has been sold for $78 million after the company said in February that it was exploring a…

Subprime lenders are weighing the risks and benefits of protecting assets through force-placed insurance as credit-challenged borrowers face continued affordability…

Impending tariffs on Canada and Mexico risk driving up US car prices by as much as $12,000, further squeezing consumers…

The Consumer Financial Protection Bureau is cracking down on terms and conditions in consumer financial products, prompting auto lenders to…

Incentives have led to strong leasing penetration for EVs, with average monthly payments on leased vehicles below $400 even as…

Bank of America’s credit performance and auto portfolio growth was steady in the first quarter as digital activity ramped up.  …

Investors are seeking more transparency following Tricolor’s Chapter 7 bankruptcy filing last month, which has also prompted several auto lenders…

Banco Santander SA is planning to reorganize its UK operations in a move that would split off a unit hit…

Auto lenders are homing in on key areas of underwriting to manage risk and grow in 2026 as the subprime…

Used-vehicle inventory is shrinking for EVs and internal combustion engine cars as demand continues to rise.  Used EV days’ supply…

The first half of 2025 is expected to bring stabilizing delinquencies, increased demand for automotive refinance and mixed vehicle price…

The share of nonprime consumers financing EVs rose sharply over the past year and has doubled since 2020.   In the…

The takeover of Tricolor Holdings’ assets, data and debts appears to have cost nearly $5 million so far and could…

US prosecutors charged the founder of bankrupt subprime auto lender Tricolor Holdings with conspiring to defraud lenders and investors, in…