Lenders’ auto originations were mixed in the first quarter, though most reported declining delinquencies. Originations reported by major banks include: ...

Auto manufacturers need to practice pricing and incentive discipline to preserve margins and avoid ratings downgrades in 2026 and 2027. ...

Navy Federal Credit Union lowered auto interest rates as consumers grapple with a total higher cost of vehicle ownership due ...

Auto Finance News is pleased to announce that Duane Freeman, senior vice president of consumer vehicle lending at Bank of America, will ...

Ally Financial’s auto originations rose in the first quarter in tandem with a jump in application volume and improved credit performance.  Auto ...

Auto financier Credit Acceptance laid off 5% of its workforce on April 16, weeks ahead of its first-quarter earnings release. ...

Truist Bank and Fifth Third Bank reported year-over-year improvements in delinquencies and loss allowances, mirroring positive credit health reported by ...

Losses across securitized auto loans rose year over year in March but improved on a month-to-month basis as borrowers received tax refunds.  The annualized net loss (ANL) rate ...