Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
PNC Financial decreased its allowance for auto loan losses in the fourth quarter as the lender’s auto portfolio grew in 2025 amid strength in the U.S. auto market despite weakness in PNC’s wider consumer finance portfolio. The bank’s allowance for auto loan and lease losses was $158 million, or 0.95% of outstandings, in the fourth quarter ended Dec. 31, down 9 basis points (bps) year over year but […]
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Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto...
David Thompson
David Thompson
David Thompson
