Subprime auto securitizations have higher delinquencies, while transactions with loans to immigrants are facing negative ...
Credit Unions saw the highest market share gain for new-vehicle loan originations in the third quarter as interest rate cuts ...
Ally Financial today announced companywide layoffs as the financier looks to simplify its leadership and organizational ...
GM Financial is tailoring AI and digital tools differently to match the distinct needs of consumers, dealers and employees.
Auto lenders are eyeing data use, improved decisioning, falling interest rates and strategic growth headed into 2026 on the heels of ...
Credit Acceptance Corp.’s originations decreased in the third quarter as the subprime lender faces worse-than-expected loan ...
New EV inventory is plummeting industrywide as auto manufacturers curb production and demand wanes following the elimination of the federal tax credit. Days’ supply for new EVs sat at 47 at the end of ...
AI debt collectors are performing at rates comparable to human agents for some auto lenders. Since subprime lender Consumer ...
Upgrading pricing infrastructure in auto finance organizations is frequently acknowledged as “nice-to-have” but rarely treated as essential or urgent. Despite growing market volatility, operational ...
Carvana’s originations jumped 58.8% year over year in the third quarter and the retailer increased its forward-flow deal with ...
The Consumer Financial Protection Bureau’s reexamination of its oversight of nonbank auto finance companies may affect auto ABS transactions.
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