Cody Lyon, Author at Auto Finance News

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Sub-$10K used vehicles offer opportunities as dealer supplies tightens

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Vendor Management Runs Deep

With the Consumer Financial Protection Bureau holding lenders responsible for

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

RBS Citizens Announces IPO

The Royal Bank of Scotland Plc has put Citizens Financial

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

TFS Lends a Hand to Those Affected by Natural Disasters

Toyota Financial Services Special Handling/Assistance program has been earning customer

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Honda, Porsche Price ABS Deals

American Honda Finance Corp. issued $1 billion in securities in

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Valley Plans To Grow Auto in Florida

Valley National Bank announced on May 8 that it will

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

No Alarm Bells for Now, Cap One CFO Says

Capital One Financial Corp. CFO Steve Crawford and Director of

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April but was offset by a decline in vehicle sales. The Auto Finance...

Alternative Credit Scoring Helps Widen Pool of Eligible Borrowers

There are many individuals that are currently invisible to lenders

Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second quarter, though net charge-offs ticked up. Truist's indirect auto net charge-offs...

Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make debt payment calls to...

Lightship evaluates finance options as electric-assist RV trailer production ramps

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup ramps production in the...

Better credit access, ABS issuance uptick assist industry performance (Big Wheels)