Lucid, Rivian deliveries rise in first quarter
Lucid Motors and Rivian Automotive reported an upswing in production in the first quarter but noted the rapidly shifting tariff…
Tariffs and compliance: How trade policies are reshaping auto finance
The recent imposition of 25% tariffs on imported automobiles and auto parts by the U.S. administration has introduced significant challenges…
Trump floats auto tariffs targeting $240 billion trade spigot
President Donald Trump’s threat to slap tariffs on imported vehicles puts a $240 billion trade route in the crosshairs, with…
Toyota braces for $9.5B hit from US tariff turmoil
Toyota Motor Corp. lowered its annual guidance as it warned of a ¥1.4 trillion ($9.5 billion) hit to its bottom…
Musk calls for abolishing consumer finance agency: ‘Delete CFPB’
Billionaire Elon Musk called for eliminating the Consumer Financial Protection Bureau, highlighting the renewed threat under President-elect Donald Trump to…
GM Financial originations up 9.6%
GM Financial’s originations increased in the second quarter, while General Motors retained its full-year tariff impact expectation and saw an…
Skyla FCU auto decisioning rate hits 18% in Q4
Skyla Federal Credit Union’s auto decisioning rate ticked up in the fourth quarter as the lender saw increased demand for…
Lenders scramble to comply with ‘flubbed’ NH law rollout
Changes to New Hampshire regulation related to automotive retail installment contracts have left lenders scrambling to meet new rules and…
Industrywide auto originations dip 1.5% year over year
Auto originations dipped industrywide, contributing to a slowdown in non-revolving consumer debt even as overall debt climbed through October. Auto…
SALT, tips and auto loans: A guide to the House GOP tax bill
House Republicans’ release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what party…
Big Wheels: Strong ABS issuance contributes to stable industry
The auto finance industry was stable in July, driven by improved demand and strong auto asset-backed securitization volume but offset…
Prolonged high interest rates will affect auto finance risk appetite
LAS VEGAS — Prolonged high interest rates will affect lender appetite in the near term, even with falling vehicle prices…
Hurricane Helene spurs uptick in payment extensions
Some auto lenders saw a rise in payment extensions following Hurricane Helene, with Hurricane Milton expected to affect extension rates…
Open Lending’s certified loans dip 8.5% YoY
Automation fintech Open Lending’s certified loan volume declined in the second quarter, though credit unions showed increased demand. Open Lending…
Inside HDFS’ $632M ABS issuance (Big Wheels)
Harley-Davidson Financial Services returned to the asset-backed securitization market in September with its second motorcycle issuance of the year. Harley-Davidson…