May 3, 2022

U.S. auto loan asset-backed securities posted lower month-over-month losses in May for both prime and subprime segments despite weaker vehicle recoveries. ...

BMW, Volkswagen sales decline on worsening slump in China

BMW AG and Volkswagen AG’s vehicle sales fell in the second quarter due to a worsening decline in China, where...

A Toronto-Dominion (TD) bank branch in Toronto, Ontario, Canada, on Wednesday, March 15, 2023. First Horizon Corp. fell by the most since September 2008 as the crisis in regional banks cast doubt on whether Toronto-Dominion Bank will follow through with its planned $13.4 billion takeover of the lender. Photographer: Cole Burston/Bloomberg

Inside TD Auto Finance’s rollout of real-time loan decisioning tech

TD Auto Finance is rolling out capabilities to improve real-time loan decisioning, income verification, credit reporting and compliance to 5,500 dealers across Canada after...

Carvana finance arm remains bright spot despite debt funding struggles

Carvana’s finance arm remains well positioned for capital market funding

New vehicle supply dips 3% YoY in June amid sales uptick

While rising auto sales in June caused inventories to dip year over year, opportunities exist for dealers to grow sales...

Auto loan ABS losses dipped in May, but long-term stress remains

U.S. auto loan asset-backed securities posted lower month-over-month losses in May for both prime and subprime segments despite weaker vehicle recoveries. ...

BMW, Volkswagen sales decline on worsening slump in China

BMW AG and Volkswagen AG’s vehicle sales fell in the second quarter due to a worsening decline in China, where...

Inside TD Auto Finance’s rollout of real-time loan decisioning tech

TD Auto Finance is rolling out capabilities to improve real-time loan decisioning, income verification, credit reporting and compliance to 5,500 dealers across Canada after...

Tricolor Auto issues $212M social ABS deal

Tricolor Auto Acceptance on Friday issued its first asset-backed securities

New vehicle supply dips 3% YoY in June amid sales uptick

While rising auto sales in June caused inventories to dip year over year, opportunities exist for dealers to grow sales...

Auto loan ABS losses dipped in May, but long-term stress remains

U.S. auto loan asset-backed securities posted lower month-over-month losses in May for both prime and subprime segments despite weaker vehicle recoveries. ...

BMW, Volkswagen sales decline on worsening slump in China

BMW AG and Volkswagen AG’s vehicle sales fell in the second quarter due to a worsening decline in China, where...

Inside TD Auto Finance’s rollout of real-time loan decisioning tech

TD Auto Finance is rolling out capabilities to improve real-time loan decisioning, income verification, credit reporting and compliance to 5,500 dealers across Canada after...

Subprime lender CAC looks to expand credit reach

Credit Acceptance Corp. (CAC) is expanding its credit box following

New vehicle supply dips 3% YoY in June amid sales uptick

While rising auto sales in June caused inventories to dip year over year, opportunities exist for dealers to grow sales...

Auto loan ABS losses dipped in May, but long-term stress remains

U.S. auto loan asset-backed securities posted lower month-over-month losses in May for both prime and subprime segments despite weaker vehicle recoveries. ...

BMW, Volkswagen sales decline on worsening slump in China

BMW AG and Volkswagen AG’s vehicle sales fell in the second quarter due to a worsening decline in China, where...

Inside TD Auto Finance’s rollout of real-time loan decisioning tech

TD Auto Finance is rolling out capabilities to improve real-time loan decisioning, income verification, credit reporting and compliance to 5,500 dealers across Canada after...

Apple hires 31-year Ford veteran to ramp up electric-car work

Apple Inc. has recruited a longtime Ford Motor Co. executive

New vehicle supply dips 3% YoY in June amid sales uptick

While rising auto sales in June caused inventories to dip year over year, opportunities exist for dealers to grow sales...

Auto loan ABS losses dipped in May, but long-term stress remains

U.S. auto loan asset-backed securities posted lower month-over-month losses in May for both prime and subprime segments despite weaker vehicle recoveries. ...

BMW, Volkswagen sales decline on worsening slump in China

BMW AG and Volkswagen AG’s vehicle sales fell in the second quarter due to a worsening decline in China, where...

Inside TD Auto Finance’s rollout of real-time loan decisioning tech