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Industrywide auto loan and lease outstandings totaled about $1.78 trillion at yearend 2024, with Toyota Financial Services at ...
Subprime lenders are well-equipped to weather a potential recession, auto executives said during last week’s Auto Finance ...
Installation of high-speed chargers across the US fell by more than 21% in the first quarter compared to the year-earlier ...
Lenders and retailers are focused on automating payments wherever possible and using AI for customer communication and ...
Technology-driven financial fraud is escalating rapidly, keeping FIs on their toes, with AI also helping scammers scale their ...
Base salaries remained relatively flat YoY, but bonuses and stock awards propelled a 48% boost in auto finance executives’ ...
April wholesale used-vehicle values reached the highest reading in 18 months as consumer confidence reached record low levels ...
Lucid Motors and Rivian Automotive reported an upswing in production in Q1 but noted the rapidly shifting tariff environment ...
Michigan Republican Bill Huizenga has introduced a bill in the House seeking to make auto loan interest tax deductible for ...
Westlake Portfolio Management has taken over servicing for Mechanics Bank Auto Finance’s portfolio, effective May 1 ...
RumbleOn’s F&I revenue dropped in 1Q25 as the company's turnaround remains challenged by consumer sentiment and tariff ...
Nissan Motor Co. will eliminate 11,000 more jobs than previously planned, NHK reported Monday, as part of a plan to ...
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