Volkswagen Financial CEO prioritizes leasing, EV strategy, Wells Fargo transition in 2026
Volkswagen Financial Services will lean further into leasing in 2026. Ernst Jan van Eijkelenburg, president and chief executive for VWFS...
Rising sales, improved stock performance, demand contribute to 14% rise in industry performance (Big Wheels)
An uptick in new-vehicle sales, strong performance of auto finance stocks and higher demand for auto loans contributed to an overall improvement in the auto...
Auto finance industry paints picture of resilience despite pressures
Auto finance lenders, dealers and consumers facing affordability and credit performance challenges are proving resilient. This picture of resiliency prevailed...
CFPB funding in jeopardy following DOJ decision
The Consumer Financial Protection Bureau may run out of funds to operate in early 2026 after the Department of Justice’s Office of Legal...
Vroom subsidiary UACC’s originations up 7%
Vroom subsidiary United Auto Credit Corp.’s indirect originations increased in the third quarter as the lender’s portfolio shrank due to...
Pagaya auto run rate rises 10% to $2.2B
Pagaya Technologies’ auto book grew in the third quarter as it secured more money to grow originations in a reflection...
Podcast: CarMax replaces CEO, EV makers report Q3 growth as car sales mixed
Auto retailers and fintechs mostly reported growth in the third quarter amid mixed October retail sales and some layoffs. CarMax...
Used-vehicle values flat as auto interest rates rise in October
Auto lenders are tightening their risk parameters, a dynamic that could slow down sales for some market segments and contribute...
