Ford Credit penetration rate hits 60% in Q1
Ford Credit’s finance penetration rate soared in the first quarter as finance margin improved and credit performance continued to normalize....
All quiet on the auto ABS front
The auto asset-backed securities market has been chugging through the first four months of the year in a welcome reprieve...
Regional bank auto earnings muted in Q1
Regional bank auto earnings posted little movement in the first quarter of 2024, extending similar trends seen from Bank of...
Help shape the conversation at 2024 AFS East
The Auto Finance News editorial team is calling on subscribers and 2024 Auto Finance Summit East attendees to help shape...
Big Wheels: National auto interest rates hold north of 8%
Auto loan interest rates remained greater than 8% through the mid-April but showed small signs of relief compared with February....
Join the ‘Spark Tank’ workshop at AFS East
Do you have what it takes to create a new future for the auto finance industry? Join the ‘Spark Tank’...
Wells Fargo Auto originations decline 18%
Wells Fargo Auto tallied a dip in origination volume during the first quarter as the bank’s auto book continued to...
Credit tightening at CarMax Auto Finance paves way for ACL reduction
Ongoing credit tightening at CarMax Auto Finance paved the way for allowance for credit loss reductions as the lender’s portfolio...
