Page 120 – Auto Finance News

Tricolor’s founder declines over 100 times to discuss its demise

For five hours, lawyers for creditors pressed Daniel Chu again and again on Tuesday for details on the collapse of ...

S&P: Longer loan terms, delinquencies could weaken ABS performance

January 21, 2026

Longer original loan terms and delinquencies may weaken auto asset-backed securitization performance in 2026. “An important trend to watch is ...

Overhead shots are cars parked along a road

60-plus-day subprime auto DQs hit 32-year high

byAidan Bush

January 16, 2026

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December saw the most subprime consumers at least 60 days late on their monthly auto payments in recorded history amid ...

CFPB to cut financial firm supervision, curb fintech focus

Auto lenders must still consider ECOA on immigration status

byAmanda Harris

January 16, 2026

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Auto lenders must remain mindful of how they use information about applicants’ immigration or citizenship status in underwriting despite the ...

Newly manufactured Stellantis NV vehicles at the commercial port in Vigo, Spain, on Tuesday, July 22, 2025. Cars and tariff levels on agriculture have emerged as key sticking points between the European Union and the US as the two sides work toward a provisional trade agreement in the coming days, according to people familiar with the matter. Photographer: Brais Lorenzo/Bloomberg

S&P forecasts 4% drop in auto ABS issuance in 2026

byTruth Headlam

January 16, 2026

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S&P Global is forecasting a drop in auto asset-backed securitization issuance, prompted by projected lower vehicle sales. The rating agency projects a 4%, about ...

PNC eyes footprint expansion with BBVA acquisition

PNC Financial’s auto allowance for credit losses falls 9 bps YoY

byJohnnie Martinez II

January 26, 2026

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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 ...

Westlake sells $100M of subprime loans to HFC Acceptance

byTruth Headlam

January 20, 2026

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Westlake Financial offloaded $100 million in auto subprime loans to HFC Acceptance a week after issuing its first auto asset-backed securitization deal of the year. Westlake ...