Auto lenders are eyeing automated tools and AI for information on borrowers’ habits and repayment history. Tysons, Va.-based ...
Asset backed securitization investors are calling for more transparency across asset classes in the wake of the collapse of Tricolor ...
Ford Credit’s leasing share picked up in the third quarter as its U.S. portfolio increased, but finance penetration declined.
Consumers remain resilient despite affordability pressures, with more middle-income Americans considering a vehicle purchase ...
RV and marine manufacturer Winnebago Industries reported a rise in promotional liabilities in the fourth quarter of fiscal ...
Auto industry practices are increasingly influencing equipment finance as more leaders cross over between the industries, where similar business models can enhance affordability and sales, while ...
Capital One’s auto originations rose in the third quarter as strategic underwriting and tightening contributed to better credit performance.
Lithia Motors’ finance arm, Driveway Finance, originated $732 million in loans during the third quarter, marking its sixth ...
Despite tariff headwinds, affordability concerns and the closure of some subprime lenders, auto asset-backed securitizations ...
Auto securitization ratings experts are expecting further losses for lenders that specialize in servicing consumers without SSNs ...
GM Financial’s originations fell in the third quarter as its market share for new-vehicle loans and leases declined.
As auto finance continues to evolve, lenders are increasingly evaluating digital solutions powered by AI to streamline ...