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autofinancenews
9 小时
Podcast: Nonprime consumers eye gradual improvements on affordability
Near prime and nonprime consumers are seeing some relief from affordability challenges in the automotive industry following ...
autofinancenews
11 小时
American Heritage FCU issues first auto ABS deal (Big Wheels)
American Heritage Federal Credit Union has issued its first auto asset-backed-securitization deal, pushing credit unions' ...
autofinancenews
15 小时
U.S. Bank’s John Hyatt on sustainability, auto finance growth
U.S. Bank is focused on sustainable growth while investing in its digital channels across auto and powersports.
autofinancenews
3 天
Near prime, nonprime new-vehicle sales up 1% year over year
The automotive industry is showing signs of stabilization for nonprime and near prime consumers following recent rate cuts by ...
autofinancenews
4 天
US initial jobless claims decline to lowest level since April
Applications for US unemployment benefits unexpectedly fell last week to the lowest level since April, illustrating a solid ...
autofinancenews
4 天
Perella, Innovatus explore sale of auto lender Flagship Credit
The owners of Flagship Credit Acceptance LLC are exploring a sale of the auto-finance provider, according to people with ...
autofinancenews
5 天
Lazydays F&I down 0.8% year over year
RV dealer group Lazydays’ finance and insurance revenue inched down year over year in the third quarter but increased ...
autofinancenews
4 天
5 Questions with … Capital One President of Financial Services Sanjiv Yajnik
Sanjiv Yajnik, president of financial services at Capital One, is exploring ways to blend digital tools with the in-person ...
autofinancenews
6 天
Tenet to revamp refi system as applications soar 900% YoY
EV financing startup Tenet is streamlining its refinancing program to speed approvals in anticipation of rising demand.
autofinancenews
5 天
Ally Financial names Richard new CRO, other staff moves
Ally Financial today announced the appointment of a 27-year veteran of the bank as the company’s chief risk officer as part ...
autofinancenews
4 天
Auto ABS volume up 11.5% YoY (Big Wheels)
Auto asset-backed securitization issuance volume has outpaced 2023, largely driven by substantial prime deals this month from ...
autofinancenews
5 天
Rising inventories lead to ramp up of incentive spending
Higher new-vehicle inventory has led manufacturers to ramp up incentive spending to swiftly move supply. New-vehicle ...
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