GM Financial originations jump 15%
GM Financial’s originations rose in the first quarter alongside General Motors sales. Originations totaled $14.5 billion, up 15.1% year over…
GM Financial’s originations rose in the first quarter alongside General Motors sales. Originations totaled $14.5 billion, up 15.1% year over…
The Consumer Financial Protection Bureau is proposing a new annual data collection initiative that, if approved, is poised to cost…
Capital One Auto Finance’s originations picked up during the third quarter while delinquencies improved. Auto originations stood at $9.2 billion,…
Huntington Auto Finance and Ally Financial have issued synthetic auto securitizations structured as credit-linked notes in August. Huntington issued its…
TD Bank was ordered to pay $28 million in fines by the Consumer Financial Protection Bureau, which ruled the bank had shared…
Tesla Finance’s lease penetration and portfolio fell year over year in the third quarter, despite rising vehicle deliveries. Tesla delivered…
Elevated discounts and higher levels of leasing pushed EV sales to a record in the second quarter. EV sales increased…
Imagine that you bought a new car and after the dealer tossed you the keys, they off-handedly said that the…
As some subprime auto lenders pull back from lending to undocumented borrowers amid shifting immigration policies, legal experts warn of…
Wells Fargo Auto’s origination volume increased year over year in the fourth quarter, marking the first quarter of YoY origination…
Mercedes-Benz Group AG’s vehicle sales declined in the second quarter after trade tensions led by President Donald Trump’s tariffs hit…
Incoming tariffs are expected to slow auto sales, contributing to a decline in 2025’s previously forecasted sales. The seasonally adjusted…
Ford Credit’s leasing share picked up in the third quarter as its U.S. portfolio increased, but finance penetration declined. The…
The average interest rate for a 60-month loan for a new vehicle and a 1-year-old used vehicle has ticked down…
Most RV dealers and lenders agree that AI will revolutionize how the industry makes and saves money, but they wonder…