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 ...

Two Auto Finance News stories won awards today for editorial excellence.  The awards, known as Azbee Awards, were presented by the American Society of Business Publication Editors and recognize outstanding work by business publications.   AFN won a Northeast Region gold medal in ...

Regional banks’ first-quarter earnings mostly showed improvements to credit performance, in line with what national banks reported earlier this month. ...

Initial public offering volume in the first quarter was strong, but headwinds in financial markets paused some activity.   It was the strongest first ...

Automotive marketplace TrueCar has generated enough cash flow to turn the company profitable following a series of structural and operational changes after ...

Harley-Davidson is adopting a fee-based model for its finance arm following its transition to a capital-light model backed by asset ...