CarMax Auto Finance provision for credit losses up 25%
CarMax Auto Finance increased its provision for credit losses due to an uptick in expected losses, while originations ticked down ...
CarMax Auto Finance increased its provision for credit losses due to an uptick in expected losses, while originations ticked down ...
Losses across prime and nonprime securitized auto loans increased sequentially and year over year as auto asset-backed securitization volume outpaces ...
Sales of used and new EVs increased month over month and year over year in August while days’ supply tightened. ...
The automotive retail industry has experienced significant ups and downs since the COVID-19 pandemic. During the pandemic, inventory dropped dramatically ...
Auto Finance News is pleased to announce that industry experts Michael Benoit, James Nance and Kenneth Rojc will lead a ...
EV leasing has helped drive adoption, but more education is needed to win over skeptical consumers. “We have an EV ...
RV retailer Thor Industries increased promotional offers year over year in the fourth quarter of its fiscal 2024 as inflationary ...
Artificial intelligence can help auto lenders streamline compliance while making operations more efficient. Here are two ways lenders are employing ...