Wells Fargo Auto originations decline 18%
Wells Fargo Auto tallied a dip in origination volume during the first quarter as the bank’s auto book continued to…
Wells Fargo Auto tallied a dip in origination volume during the first quarter as the bank’s auto book continued to…
Auto sales were mixed in June as several dealerships reported that sales were down, in part because of the cyberattack…
Affordability concerns dampened auto sales in July and August as elevated interest rates and high vehicle prices point to a…
Retailers’ captive finance originations grew in the first quarter and finance and insurance revenue was mixed as sales and inventory…
In one of his first public actions since Tricolor Holdings declared bankruptcy, former Chief Executive Daniel Chu has started amassing…
Nissan Motor Co. is overhauling its executive bench, seeking to bring in new talent to turn around the Japanese carmaker…
The total time consumers are in auto loans is lengthening as refinance picks up with terms longer than 65 months. …
Subprime consumer financier OneMain Financial completed its acquisition of subprime auto lender Foursight Capital on April 1, just over four…
AI-based auto lender Lendbuzz this week issued its first asset-backed securitization deal of 2025 as the financier looks to diversify…
It’s showtime! The 2024 Auto Finance Summit kicks off today in Las Vegas. It seemed like a good time to…
Major automakers saw mixed sales in June and the second quarter, determined in part by OEMs’ abilities to mitigate tariff-induced…
Powersports lenders project mixed origination volume in 2024 as credit unions and regional banks pull back in the space and…
Wholesale used-vehicle prices climbed in June as seasonal adjustments pushed values higher and retail sales ticked up. The Manheim Used…
A decline in year-round and seasonal product retail sales contributed to an overall decrease in Canadian powersports manufacturer Bombardier Recreational…
Boat discounts are picking up as manufacturers aim to move units amid increased inventory, high prices and elevated interest rates. …