AUTO FINANCE NEWS
November powersport sales fall 5.4% year over year
Powersports sales declined for the ninth consecutive month in November as industry leaders hope for improved consumer sentiment and sales...
Read moreDetails
MORE NEWS
Captives lead auto finance share at 29% in Q3
Captives once again captured the largest share of the auto finance market in the third quarter, while credit unions maintained...
US producer prices jump on eggs but Fed categories come in soft
US wholesale inflation unexpectedly accelerated in November on a surge in egg prices, while other categories suggested a muted increase...
ATP reaches 2024 high, up 1.5% year over year
Average transaction prices rose for the second month in a row in November, reaching their highest level of 2024. The...
Auto delinquencies ‘stabilizing’ heading into 2025
Auto delinquencies are expected to stabilize in 2025 as interest rate cuts by the Federal Reserve offer added refinancing opportunity...
Recoveries poised for lift with repo drones (Under the Hood)
It’s a bird, it’s a plane, it’s a repossession drone. As recovery rates decline in the wake of lower prices...
Auto Finance News announces aftermarket products webinar
Auto Finance News is pleased to offer the free webinar “Tapping Aftermarket Products to Improve Dealer Relations and Profitability” on...
Nissan taps new CFO, North America head in executive shuffle
Nissan Motor Co. is overhauling its executive bench, seeking to bring in new talent to turn around the Japanese carmaker...
Porsche Financial Services adds EVs in prime ABS deal
Porsche Financial Services issued its first prime auto asset-backed securitization deal of the year, including electric vehicles for the first...
To implement AI, keep regulations in mind
Equipment dealers and lenders looking to implement AI capabilities to their operations need to be aware of looming regulations. As…
ELFF: Infrastructure, homebuilding to spur equipment finance growth
Equipment lenders, dealers and manufacturers are poised to benefit from increased homebuilding and infrastructure projects next year, although construction loan…
