Top 5 themes defining auto finance in 2024
The automotive industry of 2024 was defined by lingering affordability concerns, still-high car prices, election uncertainty, tight credit availability and…
The automotive industry of 2024 was defined by lingering affordability concerns, still-high car prices, election uncertainty, tight credit availability and…
Applications for US unemployment benefits declined for a fifth straight week to the lowest level since mid-April, showing a resilient…
COLUMBUS, Ohio — Powersports lender Octane is prioritizing dealer support in the face of tighter margins and slower sales. …
Credit unions are cautiously optimistic as auto portfolios grow, but inflationary pressures, tariffs and tightened standards are expected to dampen…
The Consumer Financial Protection Bureau’s latest supervisory report released today focused on auto loan originations practices, particularly the sale of…
USAA is strategically financing certain vehicle types as banks and independent auto finance companies face a challenging market driven by…
LAS VEGAS — GM Financial will soon roll out an app for dealers to allow them to efficiently manage their…
Vehicle sales increased at all major manufacturers in August, with sales up double-digits year over year for most OEMs. August…
Chase Auto expects an uptick in origination volume through Aston Martin Financial Services after the lender renewed its private-label financing…
Thailand and Indonesia are introducing incentives to encourage EV adoption, the Wall Street Journal reported. Thailand’s new policies include…
Shares of Carvana fell by nearly 17% this morning following the retailer and lender’s latest earnings, which saw an increase…
As the dog days of the sweltering summer heat begin fading into the rearview mirror and the fall color palate…
The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness to cutting them, though…
Ford Credit’s Flex Buy program volume is on track to grow 25% year over year. The program allows consumers to…
More auto lenders announced year-over-year origination growth last week in their third-quarter earnings reports. Carvana posted a 35.5% YoY increase…