Capital One’s auto originations increased in the second quarter as the bank leaned into growth and saw improved credit performance,…

The auto finance industry is charging ahead, driven by leaders ready to shape the future.   This year, the industry faced…

Ford Credit’s penetration rate in China was nearly halved in the second quarter while the lender’s financing share in the…

Kroll Bond Rating Agency is eyeing a potential uptick in losses across subprime auto lender First Help Financial’s securitization transactions…

Consumer Portfolio Services is using artificial intelligence to improve collections, streamline communication with consumers and fund deals faster. Irvine, Calif.-based…

The nation’s largest city is gearing up for an in-school banking program to enhance financial literacy for its 1 million…

The new year is shaping into a car buyer’s market as prices come down, incentives increase and supply builds.  …

Stellantis NV will offer voluntary buyouts to US employees as the carmaker looks to cut costs amid slumping profits. . Non-unionized…

When we look back on 2025, it’s likely we will consider it a watershed moment in the expansion of electric…

Stellantis Financial Services continued to grow its U.S. portfolio in the fourth quarter as the captive’s parent company, Stellantis NV,…

Carmakers have begun compensating leasing companies for the sliding value of used electric cars as Tesla Inc.’s price cuts rip…

Ally Financial logged a decline in auto originations in the third quarter as the lender focused on improving credit performance.  …

Using alternative data supports accurate risk-based pricing for auto lenders and helps account for losses.  Some lenders continue to rely…

Federal Reserve officials maintained their outlook for three quarter-point rate cuts this year but forecast fewer cuts than before in…

General Motors Co. plans to invest $4 billion in its US plants over the next two years to boost output…