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Subprime lender Credit Acceptance Corp.’s origination volume grew on a dollar and unit basis in the first quarter as the...

Repossession agencies are receiving more assignments from credit unions as delinquencies rise nationwide.  Houston-based Automobile Recovery Bureau has seen more...

No way around it, this is a tough market.    Interest rates have been higher for longer, putting pressure on margins,...

Westlake Financial Services is offering fleet financing for dealers that have signed on to mobility platform DriveItAway’s subscription-to-own model.  ...

First-quarter earnings continued to bring mixed results as vehicle sales slowed in April.   Capital One’s auto outstandings decreased 3.7% year...

Capital One Auto Finance’s originations grew in the first quarter following several quarters of year-over-year declines.   Originations totaled $7.5 billion,...

Used-vehicle values continue to trend downward from 2022’s peak levels but are outpacing pre-pandemic levels.   Used-car values remained unchanged from...

U.S. new-vehicle sales are projected to decline in April while the seasonally adjusted annual rate is expected to finish above...