Auto originations saw a modest increase industrywide in the second quarter despite ongoing affordability challenges.
Auto loan interest rates on new and used vehicles fell year over year in October. The dip in loan rates comes after the ...
Skyla Federal Credit Union switched consumer loan operating systems in July to meet growing demand for digital loan ...
Sales at most major automakers increased in October, driven in part by an increase in EV sales.  Overall sales increased for American Honda, Ford Motor Co., Hyundai Motor America, Mazda North America ...
Wholesale used-vehicle values fell year over year in October as the market felt the effects of hurricanes Helene and Milton.
Artificial intelligence (AI) was the dominant topic at the most influential automotive finance conclave of 2024 — the 15th annual Auto Finance Summit.
Lucid Motors reported an uptick in deliveries and revenue in the third quarter while Rivian Automotive posted declines partly ...
AI-driven lending platform Upstart’s auto loan originations jumped 46% quarter over quarter in the third quarter as the ...
Automation fintech Open Lending’s certification volume declined in the third quarter. Total certified loans, or “certs,” ...
Powersports lender Octane closed a $326 million issuance in the asset-backed securitization market this week as the company preps for ongoing growth. The transaction, which closed on Nov. 7, aligns ...
Toyota Motor North America plans to reduce incentives and increase production to improve profitability in 2025.
Auto outstandings industrywide inched up 0.4% quarter over quarter and 0.96% year over year in the third quarter.