Toyota Financial Services has appointed Anna Sampang group vice president and chief information officer, effective March 25.   Sampang, who ...

US household debt has reached a record and more borrowers are struggling to keep up. . Overall US household debt ...

United Auto Credit Corp.‘s auto loan originations increased by 15% year over year in the first quarter as parent company ...

TD Auto Finance and Avid Acceptance expect auto origination volume to be flat to moderately lower for the remainder of ...

Several auto lenders had to adjust their underwriting strategies in 2023 to account for worsening credit performance across loans originated ...

President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other key industries this week, ...

Auto asset-backed securitization volume continues to outpace 2023 levels, driven by growth in lease and prime loan deals.   Auto asset-backed ...

Avid Acceptance has expanded into its lower credit tiers after originations plummeted in 2023 amid a focus on higher-quality applications.  ...