Used-vehicle values rise 2% in September
Wholesale used-vehicle prices rose year over year in September, while used-car sales fell and inventory ticked up. The Manheim Used…
Riders Share’s Google search traffic falls 40% as AI surges
COLUMBUS, Ohio — Motorcycle rental company Riders Share has seen a 40% decline in Google search traffic as consumers switch…
Upstart rolls out additional refi automation
AI-driven lending platform Upstart is investing in auto refinance technology to allow consumers to complete the process without uploading documents…
GM Financial lease return rates, lease originations rise YoY
Improved penetration rates contributed to an uptick in GM Financial’s lease originations in the fourth quarter as loan production was…
Stringent incentive requirements challenge Stellantis dealers
Tight incentive requirements are making it difficult for Stellantis dealers to push leases despite Stellantis Financial Services’ portfolio growth in…
Auto ABS performance projected to weaken in 2026
Performance across securitized auto loans is expected to weaken further in 2026 as borrowers continue to face higher costs. Nonprime…
Student debt could raise losses across securitized auto loans
Credit performance across securitized auto loans worsened year over year in May but improved month over month, with the impact…
The electric car transition unravels slowly, then all at once
The global transition to electric vehicles is beginning to unravel the way major changeovers often do: slowly at first, then…
Bank of America originations rise 11.5% year over year
Bank of America’s auto originations rose in the fourth quarter as the bank eyes further growth in 2025. Originations increased…
Auto ABS issuances drop 37.2% YoY in May
As spreads widen and asset-backed securitization issuance declines, lenders are looking to long-term partners and funding diversification. Auto issuances dropped…
Bank of America’s auto originations jump 26%
Bank of America’s auto originations climbed in the second quarter as the bank eyes strategic growth across its three business…
Off-road motorcycle finance penetration at 59%
More than half of off-road adventure motorcycles were financed in 2023, new data shows. The finance penetration rate for off-road…
Barclays buys GM credit-card book After Goldman fumbles tie-up
Barclays Plc is taking over the General Motors Co. credit-card business from Goldman Sachs Group Inc., pouncing on the Wall…
ThunderRoad Financial taps into ‘eventual recoveries’
Powersports lender ThunderRoad Financial has garnered strong recoveries on difficult-to-find motorcycles, prompting the lender to pursue units even years after…
Volvo says price rises help returns as truck demand softens
Volvo AB’s second-quarter earnings surpassed expectations and reassured after pessimistic updates from rivals as the truckmaker managed to defend its…