Auto industry partners are working to establish lending options that are mutually beneficial to lenders, dealers and subprime consumers amid…

RV dealers are leaning on new data sources to identify opportunities for increased sales in a challenged market.   “Leveraging…

PLANO, Texas — Nonprime auto lenders are prioritizing efficiency and digital contracting to speed funding. Of at least 20 lenders…

Bank of America has lowered its EV sales penetration projections amid regulatory changes and an uptick in hybrid penetration.  The…

Lenders are investing in tools to mitigate double-pledging of assets and credit washing in light of an uptick in fraud.  …

Some automakers’ sales climbed in August, in part from an EV sales rush ahead of the tax credit elimination. Automaker…

Ford Credit President and Chief Executive Cathy O’Callaghan is eyeing technology improvements, affordability and profitable growth in 2025.  As the…

The Federal Reserve is likely to signal next week its plans to cut interest rates in September, according to economists…

Three dealers fell victim to the same sophisticated fraud scheme in just one week. The story, spreading through dealership break…

Lately it seems every news story is focused on one of the many variables rippling through the economy. Whether it’s…

NASHVILLE — Two winners were crowned during today’s Auto Finance Summit East demo challenge, marking the first dual win in…

Declining vehicle margins have dealers increasing their focus on a main profit center: the finance and insurance office. Lenders, meanwhile,…

Credit union auto lending activity is expected to slow in 2024 following two strong years as rising interest rates prompted…

Ford Credit expects to issue upward of $33 billion in public funding volume in 2024 and to increase its auto…

American Heritage Federal Credit Union has issued its first auto asset-backed-securitization deal, pushing credit unions’ total transaction volume for the…