Top 5 themes defining auto finance in 2024
The automotive industry of 2024 was defined by lingering affordability concerns, still-high car prices, election uncertainty, tight credit availability and...
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Fed’s favorite inflation gauge picks up, in line with forecasts
The Federal Reserve’s preferred measure of underlying inflation accelerated in October from a year ago, helping explain policymakers’ more cautious...
Dealers urge lender flexibility in aftermarket financing
Dealers are urging lenders to loosen the loan-to-value restrictions on aftermarket products such as service contracts and guaranteed asset protection...
2024 PowerSport Finance Achievement Awards honor adaptability in turbulent market
Powersport lenders prioritized quality leadership and innovation along with customer and dealer relationships this year in a market weighed down...
From rates to refunds: Preparing for an auto loan refinancing bump in 2025
As we approach 2025, the auto lending landscape is poised for a significant shift, driven by the Federal Reserve's interest...
Aston Martin to raise more cash after another profit warning
Aston Martin Lagonda Global Holdings Plc plans to tap investors for more funds as the luxury carmaker issued its second...
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. The auto finance...
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 rate cuts by...
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' total transaction volume for the...
M&A: Nextran Truck Centers expands Midwest reach
Mergers and acquisitions activity for equipment dealers and lenders remained high in November as companies make M&A moves ahead of…
Core capital goods orders slip as business spending remains stagnant
ile, New and unfilled orders for core capital goods slipped slightly in October, while shipments and total inventories ticked up…
