American Honda Finance issues largest ABS deal in 16 years
American Honda Finance Corp. has issued its second auto asset-backed securitization deal of the year, the largest prime transaction since ...
Penske F&I revenue dips 3.8%, days’ supply down
Penske Automotive’s finance and insurance revenue dropped in the first quarter as used inventory shrank. Finance and insurance (F&I) revenue ...
CFPB priority shift won’t absolve lenders
The latest shift in focus from the Consumer Federal Protection Bureau should prompt auto lenders to pay close attention to ...
HDFS originations drop 22% amid shareholder feud
Harley Davidson Financial Services’ originations fell for the eighth consecutive quarter while provisions for credit losses decreased. Harley-Davidson did not break ...
Credit Acceptance originations down 10.1%
Credit Acceptance Corp.’s originations fell in the first quarter as market share also dipped year over year on the heels ...
GM slashes guidance with up to $5 billion hit from tariffs
General Motors Co. cut its full-year profit outlook due to as much as $5 billion of exposure to auto tariffs, ...
Bracing for impact: Auto lenders respond to tariff uncertainty
The auto industry is benefiting from short-term sales demand driven in part by looming tariffs, but is bracing for the ...
Stellantis North America shipments down 20.2%
Stellantis’ North America shipments and sales declined in the first quarter, while captive Stellantis Financial Services’ lease portfolio was up ...
