CarMax Auto Finance originations up 6%
CarMax Auto Finance grew originations in the fourth quarter of fiscal 2025, but rising macroeconomic uncertainty has led the company...
Auto loan rates dip, tariff-driven inflation clouds outlook (Big Wheels)
Auto loan interest rates for both new and used vehicles declined year over year in March, but rising inflation, partly...
NextGear AVP of Finance Makinson joins Auto Finance Summit East 2025
Auto Finance News is pleased to announce that Justin Makinson, assistant vice president of finance at NextGear Capital, will join a discussion on...
OEMs plan to keep prices steady as tariffs set in
Automakers are keeping prices steady for now as tariffs take effect. Dealerships know pricing will get less competitive as long-term...
Podcast: Industry reacts to tariffs, subprime market tightening
The auto industry is rapidly responding to tariffs that took effect last week, while subprime lenders continue to navigate risk...
Assessing compliance, risk for undocumented borrowers
As some subprime auto lenders pull back from lending to undocumented borrowers amid shifting immigration policies, legal experts warn of...
Subprime lenders pull back from non-FICO borrowers
Subprime auto lenders that serve borrowers with no FICO scores are tightening underwriting standards and shifting strategies to prioritize loan...
Pre-tariff rush drives strong March sales, Q1 gains
Vehicle sales climbed for nearly every automaker in the first quarter as looming tariffs drove a March sales surge. The...
