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autofinancenews
1 小时
Tax refunds could offset rising DQs on securitized loans
Delinquencies and losses across prime and nonprime securitized auto loans rose year over year but improved sequentially in ...
autofinancenews
1 小时
25% of used-car buyers in negative equity position
Some auto consumers faced negative equity in 2024, but many had strong or stable equity positions that offset challenges in ...
autofinancenews
1 小时
Tesla Finance’s lease penetration hits 5.4%
Tesla Finance’s lease penetration ticked up in the fourth quarter while full-year sales dropped year over year for the first ...
autofinancenews
6 小时
Honda, Nissan sales slid in 2024, bolstering case for tie-up
Honda Motor Co. and Nissan Motor Co. saw global vehicle sales stagnate or fall in 2024, underscoring the need for the pair to combine.
autofinancenews
1 天
CFPB says servicemembers pay more for auto loans
U.S. service members allegedly pay more for auto loans than civilian borrowers, according to a Consumer Financial Protection ...
autofinancenews
1 天
Octane inks ‘evergreen’ agreement with Georgia’s Own Credit Union
Georgia’s Own Credit Union and powersports lender Octane Lending on Jan. 28 announced a multiyear forward-flow ...
autofinancenews
1 天
Auto loan rates continue slow decline as Fed cuts set in (Big Wheels)
Auto loan rates for both new and used vehicles declined year over year in January, driven by the gradual impact of three ...
autofinancenews
1 天
Wells Fargo ends 2022 CFPB consent order
Wells Fargo has ended a 2022 consent order with the Consumer Financial Protection Bureau that targeted the bank’s auto loan ...
autofinancenews
1 天
U.S. Bank names Gunjan Kedia CEO
U.S. Bank has named Gunjan Kedia chief executive, effective April 15. Kedia will succeed CEO Andy Cecere, who will serve as ...
autofinancenews
1 天
Madeline Durrett
Toyota Financial Services is harnessing generative AI to enhance productivity and modernize its capabilities. As the auto ...
autofinancenews
1 天
3 ways Toyota Financial Services taps gen AI
Toyota Financial Services is harnessing generative AI to enhance productivity and modernize its capabilities. As the auto ...
autofinancenews
1 天
AI task force report: Implications for auto finance and AI fintechs
The Bipartisan House Task Force on Artificial Intelligence released a report outlining 66 key findings to guide AI innovation and governance ...
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