CarMax Auto Finance’s originations declined in the fourth quarter of fiscal 2026 as the retailer is eyeing improving performance under new leadership.  The retailer’s net loans originated tallied $1.9 ...

Wells Fargo Auto’s originations jumped 110.9% year over year in the first quarter as the bank continued to reap benefits ...

Chase Auto’s originations fell in the first quarter while credit performance in the bank’s auto portfolio improved.  Auto loan and lease originations totaled $10.4 billion ...

The share of subprime borrowers taking out auto loans in March rose to the highest level in six years as ...

S&P Global recently downgraded six classes of notes across most of Carvana’s prime asset-backed securitization deals issued in 2023 due to higher-than-expected losses.  “These ...

Lucid Group Inc. named a new chief executive officer and announced $750 million of fresh investment from its two biggest ...

Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based ...

Auto lenders and dealers are navigating mounting pressure in 2026 as inflation, geopolitical conflict and regulatory shifts weigh on profitability ...