CACC's originations and number of active dealers rose in the fourth quarter as the subprime lender’s used-vehicle market ...
Delinquencies and losses across prime and nonprime securitized auto loans rose year over year but improved sequentially in ...
Some auto consumers faced negative equity in 2024, but many had strong or stable equity positions that offset challenges in ...
Tesla Finance’s lease penetration ticked up in the fourth quarter while full-year sales dropped year over year for the first ...
Honda Motor Co. and Nissan Motor Co. saw global vehicle sales stagnate or fall in 2024, underscoring the need for the pair to combine.
U.S. service members allegedly pay more for auto loans than civilian borrowers, according to a Consumer Financial Protection ...
U.S. Bank has named Gunjan Kedia chief executive, effective April 15. Kedia will succeed CEO Andy Cecere, who will serve as ...
Auto loan rates for both new and used vehicles declined year over year in January, driven by the gradual impact of three ...
Georgia’s Own Credit Union and powersports lender Octane Lending on Jan. 28 announced a multiyear forward-flow ...
Wells Fargo has ended a 2022 consent order with the Consumer Financial Protection Bureau that targeted the bank’s auto loan ...
Toyota Financial Services is harnessing generative AI to enhance productivity and modernize its capabilities. As the auto ...
Toyota Financial Services is harnessing generative AI to enhance productivity and modernize its capabilities. As the auto ...