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

Vehicle Sales

0
+ 0 %

AFN Composite Index

0

+7.00%

Inventory Index

0
- 0 %

SOFR

0
- 0 %

APR 48 Mos.

0
+ 0 %

Westlake-backed Axis Auto Finance explores sale

Axis auto originations fell 77% YoY in the quarter ending Dec. 31, 2023

Riley Wolfbauer

Toronto-based non-prime lender Axis Auto Finance is eyeing a potential merger or sale of the company.  Axis formed a “special committee” of independent directors to manage a strategic review, according to a company release this week. The lender declined to provide further comment.  “In response to incoming expressions of interest, Axis, through the special committee, […]

Already subscribed? Log in

Related Posts

Bank of America consumer vehicle net charge-offs tick down

Aidan Bush

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

Subscribe To Our Email Newsletter

Join industry professionals who start their day with our curated auto finance news.

* indicates required

By clicking submit below, you consent to allow Auto Finance News (Royal Media Group) to store and process the personal information submitted above to provide you the content requested.

For more information please visit www.royalmedia.com/legal.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices.

Sponsored

Tesla announces new fleet financing program

EV Finance

Subscribe to Our Newsletters

PowerSports Finance - Monthly coverage of the powersports lending market