Car buyers’ use of AI research spurs competition
More consumers are turning to AI and online resources to inform their vehicle and financing decisions, prompting increased competition among dealers and lenders for customers and a ...
More consumers are turning to AI and online resources to inform their vehicle and financing decisions, prompting increased competition among dealers and lenders for customers and a ...
Auto retailer Sonic Automotive’s finance and insurance revenue increased despite a slowdown in new- and used-auto sales in the fourth quarter and full-year 2025. Sonic’s finance and insurance (F&I) revenue ...
Autotech Ventures and Y Combinator were the most active of the 124 auto fintech backers last year, according to Auto Finance News data. Early-stage venture ...
Auto lenders are adjusting underwriting criteria to account for a rise in demand for loan terms of 84-plus months as ...
Lenders are seeing opportunities for more leasing and offering lease-like products in 2026 amid consumers’ rising affordability pressures. PenFed Credit ...
AI-powered lending platform Upstart on Feb. 10 named Sanjay Datta its president and chief capital officer and the new appointee has his work cut out for him. After ...
Auto Finance News is pleased to announce that Chris Kleczynski, a product and lending executive and independent advisor, will join a panel ...
The takeover of Tricolor Holdings’ assets and debts could cost $7 million to $7.5 million by yearend 2025, backup servicer ...