Amanda Harris, Author at Auto Finance News

Scott Cooke Auto retailer Lithia Motors announced it has brought on Scott Cooke, the former chief executive of Toyota Financial...

New BMW vehicles for sale at a BMW dealership in Los Angeles, California, US, on Wednesday, April 30, 2025. Companies around the world are sounding a warning that US President Donald Trump's import tariffs are beginning to wreak havoc on their businesses. Photographer: Eric Thayer/Bloomberg

Used-car leasing getting a second look

Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...

TD Bank is reaping the rewards of its continued investments in AI and is close to hitting its target for AI-driven annualized savings.

TD Auto Finance Canada automates one-third of manual processes

TD Bank is reaping the rewards of its continued investments in AI and is close to hitting its target for AI-driven...

Startup Yendo raises $165M, expands to refi

Startup Yendo has raised $165 million in debt and equity

Credit Acceptance enacts ‘final’ planned layoffs as it builds new sales strategy

Credit Acceptance Corp. cut 6% of its staff as the Southfield, Mich.-based lender restructures its sales department to prioritize developing...

Lithia Motors taps former Toyota Financial Services CEO for operations president

Scott Cooke Auto retailer Lithia Motors announced it has brought on Scott Cooke, the former chief executive of Toyota Financial...

Used-car leasing getting a second look

Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...

TD Auto Finance Canada automates one-third of manual processes

TD Bank is reaping the rewards of its continued investments in AI and is close to hitting its target for AI-driven...

Axis Auto originations down 86% as company eyes sale

Axis Auto Finance’s auto originations continued to fall in the

Credit Acceptance enacts ‘final’ planned layoffs as it builds new sales strategy

Credit Acceptance Corp. cut 6% of its staff as the Southfield, Mich.-based lender restructures its sales department to prioritize developing...

Lithia Motors taps former Toyota Financial Services CEO for operations president

Scott Cooke Auto retailer Lithia Motors announced it has brought on Scott Cooke, the former chief executive of Toyota Financial...

Used-car leasing getting a second look

Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...

TD Auto Finance Canada automates one-third of manual processes

TD Bank is reaping the rewards of its continued investments in AI and is close to hitting its target for AI-driven...

CPS originations dip 16%, collections improve

Consumer Portfolio Services‘ originations declined year over year, but the

Credit Acceptance enacts ‘final’ planned layoffs as it builds new sales strategy

Credit Acceptance Corp. cut 6% of its staff as the Southfield, Mich.-based lender restructures its sales department to prioritize developing...

Lithia Motors taps former Toyota Financial Services CEO for operations president

Scott Cooke Auto retailer Lithia Motors announced it has brought on Scott Cooke, the former chief executive of Toyota Financial...

Used-car leasing getting a second look

Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...

TD Auto Finance Canada automates one-third of manual processes

TD Bank is reaping the rewards of its continued investments in AI and is close to hitting its target for AI-driven...

Big Wheels: Toyota Financial Services leads industry with $114B in outstandings

Toyota Financial Services was once again the largest auto lender

Credit Acceptance enacts ‘final’ planned layoffs as it builds new sales strategy

Credit Acceptance Corp. cut 6% of its staff as the Southfield, Mich.-based lender restructures its sales department to prioritize developing...

Lithia Motors taps former Toyota Financial Services CEO for operations president

Scott Cooke Auto retailer Lithia Motors announced it has brought on Scott Cooke, the former chief executive of Toyota Financial...

Used-car leasing getting a second look

Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...

TD Auto Finance Canada automates one-third of manual processes

TD Bank is reaping the rewards of its continued investments in AI and is close to hitting its target for AI-driven...

Podcast: ‘Weekly Wrap’ on underwriting themes at AFS East 2024

Several auto lenders had to adjust their underwriting strategies in

Credit Acceptance enacts ‘final’ planned layoffs as it builds new sales strategy

Credit Acceptance Corp. cut 6% of its staff as the Southfield, Mich.-based lender restructures its sales department to prioritize developing...

Lithia Motors taps former Toyota Financial Services CEO for operations president

Scott Cooke Auto retailer Lithia Motors announced it has brought on Scott Cooke, the former chief executive of Toyota Financial...

Used-car leasing getting a second look

Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...

TD Auto Finance Canada automates one-third of manual processes

TD Bank is reaping the rewards of its continued investments in AI and is close to hitting its target for AI-driven...

Big Wheels: Lease ABS volume rises 65%

Auto asset-backed securitization volume continues to outpace 2023 levels, driven

Credit Acceptance enacts ‘final’ planned layoffs as it builds new sales strategy

Credit Acceptance Corp. cut 6% of its staff as the Southfield, Mich.-based lender restructures its sales department to prioritize developing...

Lithia Motors taps former Toyota Financial Services CEO for operations president

Scott Cooke Auto retailer Lithia Motors announced it has brought on Scott Cooke, the former chief executive of Toyota Financial...

Used-car leasing getting a second look

Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...

TD Auto Finance Canada automates one-third of manual processes

TD Bank is reaping the rewards of its continued investments in AI and is close to hitting its target for AI-driven...

Lendbuzz retrains credit models as expansion sees defaults double

AI-based auto lender Lendbuzz’s default rate doubles when the lender

Credit Acceptance enacts ‘final’ planned layoffs as it builds new sales strategy

Credit Acceptance Corp. cut 6% of its staff as the Southfield, Mich.-based lender restructures its sales department to prioritize developing...

Lithia Motors taps former Toyota Financial Services CEO for operations president

Scott Cooke Auto retailer Lithia Motors announced it has brought on Scott Cooke, the former chief executive of Toyota Financial...

Used-car leasing getting a second look

Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...

TD Auto Finance Canada automates one-third of manual processes