Auto Finance News, Author at Auto Finance News

Carvana is eyeing ways to tap into an industry shift toward agentic AI-powered car shopping. Agentic AI has "the capacity...

A Carvana vending machine in Uniondale, New York.

Carvana originations rise 50.9%

Carvana's sales and originations volumes increased in the third quarter as the retailer lowered interest rates and saw success in...

Auto sector not ruling out Fed rate hike, higher funding costs by yearend

The Federal Reserve left its benchmark federal funds rate unchanged in its meeting today, but auto industry executives are not...

“Think Like a Startup,” Carvana Founder Says

Large auto lenders need to maintain a start-up mindset in

Ford Credit lease penetration falls to 12% in Q3

Ford Credit's portfolio grew in the third quarter despite a dip in finance penetration of Ford Motor sales and a...

Part 2: Auto retailers prep for shift to agentic AI in digital retail

Carvana is eyeing ways to tap into an industry shift toward agentic AI-powered car shopping. Agentic AI has "the capacity...

Carvana originations rise 50.9%

Carvana's sales and originations volumes increased in the third quarter as the retailer lowered interest rates and saw success in...

Auto sector not ruling out Fed rate hike, higher funding costs by yearend

The Federal Reserve left its benchmark federal funds rate unchanged in its meeting today, but auto industry executives are not...

TD Auto to Merge U.S. Contact Centers

TD Auto Finance U.S., the auto financing arm of the

Ford Credit lease penetration falls to 12% in Q3

Ford Credit's portfolio grew in the third quarter despite a dip in finance penetration of Ford Motor sales and a...

Part 2: Auto retailers prep for shift to agentic AI in digital retail

Carvana is eyeing ways to tap into an industry shift toward agentic AI-powered car shopping. Agentic AI has "the capacity...

Carvana originations rise 50.9%

Carvana's sales and originations volumes increased in the third quarter as the retailer lowered interest rates and saw success in...

Auto sector not ruling out Fed rate hike, higher funding costs by yearend

The Federal Reserve left its benchmark federal funds rate unchanged in its meeting today, but auto industry executives are not...

Fan Base Drives Alfa Sales … For Now

Incentives are creeping higher, but the Alfa Romeo brand is

Ford Credit lease penetration falls to 12% in Q3

Ford Credit's portfolio grew in the third quarter despite a dip in finance penetration of Ford Motor sales and a...

Part 2: Auto retailers prep for shift to agentic AI in digital retail

Carvana is eyeing ways to tap into an industry shift toward agentic AI-powered car shopping. Agentic AI has "the capacity...

Carvana originations rise 50.9%

Carvana's sales and originations volumes increased in the third quarter as the retailer lowered interest rates and saw success in...

Auto sector not ruling out Fed rate hike, higher funding costs by yearend

The Federal Reserve left its benchmark federal funds rate unchanged in its meeting today, but auto industry executives are not...

One More Meeting Left For Fed to Tighten This Year

The Federal Reserve has decided not to raise interest rates

Ford Credit lease penetration falls to 12% in Q3

Ford Credit's portfolio grew in the third quarter despite a dip in finance penetration of Ford Motor sales and a...

Part 2: Auto retailers prep for shift to agentic AI in digital retail

Carvana is eyeing ways to tap into an industry shift toward agentic AI-powered car shopping. Agentic AI has "the capacity...

Carvana originations rise 50.9%

Carvana's sales and originations volumes increased in the third quarter as the retailer lowered interest rates and saw success in...

Auto sector not ruling out Fed rate hike, higher funding costs by yearend

The Federal Reserve left its benchmark federal funds rate unchanged in its meeting today, but auto industry executives are not...

Subprime Auto ABS Volume Inches Up With Two New Issuances

By Larissa Padden and Diana Asatryan Subprime is a steady

Ford Credit lease penetration falls to 12% in Q3

Ford Credit's portfolio grew in the third quarter despite a dip in finance penetration of Ford Motor sales and a...

Part 2: Auto retailers prep for shift to agentic AI in digital retail

Carvana is eyeing ways to tap into an industry shift toward agentic AI-powered car shopping. Agentic AI has "the capacity...

Carvana originations rise 50.9%

Carvana's sales and originations volumes increased in the third quarter as the retailer lowered interest rates and saw success in...

Auto sector not ruling out Fed rate hike, higher funding costs by yearend

The Federal Reserve left its benchmark federal funds rate unchanged in its meeting today, but auto industry executives are not...

Five Companies Take Home Excellence Awards

Security Service Federal Credit Union, Toyota Financial Services, Mercedes-Benz Financial

Ford Credit lease penetration falls to 12% in Q3

Ford Credit's portfolio grew in the third quarter despite a dip in finance penetration of Ford Motor sales and a...

Part 2: Auto retailers prep for shift to agentic AI in digital retail

Carvana is eyeing ways to tap into an industry shift toward agentic AI-powered car shopping. Agentic AI has "the capacity...

Carvana originations rise 50.9%

Carvana's sales and originations volumes increased in the third quarter as the retailer lowered interest rates and saw success in...

Auto sector not ruling out Fed rate hike, higher funding costs by yearend

The Federal Reserve left its benchmark federal funds rate unchanged in its meeting today, but auto industry executives are not...

Consumers Finance Powersports More Than They Admit, Expert Says

LAS VEGAS — Consumers in the powersports market finance their

Ford Credit lease penetration falls to 12% in Q3

Ford Credit's portfolio grew in the third quarter despite a dip in finance penetration of Ford Motor sales and a...

Part 2: Auto retailers prep for shift to agentic AI in digital retail

Carvana is eyeing ways to tap into an industry shift toward agentic AI-powered car shopping. Agentic AI has "the capacity...

Carvana originations rise 50.9%

Carvana's sales and originations volumes increased in the third quarter as the retailer lowered interest rates and saw success in...

Auto sector not ruling out Fed rate hike, higher funding costs by yearend