Federal Reserve announces emergency meeting on auto lending regulations • Click for details

Vehicle Sales

0
+ 0 %

AFN Composite Index

0
+0.44%

Consumer Sentiments

0
+ 0 %

SOFR

0
+ 0 %

APR 48 Mos.

0
+ 0 %

Repo assignments hit 2.1M YTD through April 

Repossessed cars totaled 2.7M in 2024 

Truth Headlam

Vehicle repossessions and delinquencies are increasing as consumers continue to grapple with rising costs.   National repossession assignments totaled 2.1 million year to date through April, Vaughn Clemmons, president of the American Recovery Association (ARA) and Houston-based Automobile Recovery Bureau, told Auto Finance News. This year’s assignment volume is 50% more than the 1.4 million […]

Already subscribed? Log in

Related Posts

Bank of America consumer vehicle net charge-offs tick down

Johnnie Martinez II

CarMax Auto Finance originations down 1.5%

David Thompson

Wells Fargo Auto originations soar 110% YoY

David Thompson

Chase Auto originations down 3% YoY

David Thompson

Daily Intelligence Brief

Join 45,000+ industry professionals who start their day with our curated auto finance news.

No spam. Unsubscribe anytime. By subscribing, you agree to our Terms.

Sponsored

Tesla announces new fleet financing program

EV Finance

Subscribe to Our Newsletters

PowerSports Finance - Monthly coverage of the powersports lending market