Fifth Third shakes up leadership ranks
Kevin Lavender, a veteran of nearly 20 years at Fifth Third Bank, has been promoted to vice chair of the...
Stellantis expands flexible financing options
Stellantis is adding vehicle subscriptions to its mobility platform as consumers struggle with affordability and worsening credit. Stellantis subsidiary and...
Beige Book: Consumers pulling back on purchases
Lenders in some Federal Reserve bank districts reported falling demand for auto loans and slowing car sales through early July...
Huntington Auto Finance originations up 9.5% YoY
Huntington Auto Finance’s originations grew in the second quarter, in line with trends reported by national banks. Wells Fargo Auto...
U.S. Bank indirect loan originations drop 29% YoY
U.S. Bank's indirect loan originations plummeted in the second quarter as regional and national banks reported improvements in credit performance....
Dealers expect ‘small surge’ in sales ahead of EV tax credit end
EV companies are gearing up for a pull forward in sales following passage of the One Big Beautiful Bill, which...
Lease equity jumped 33% in May
Auto leasing has been on an upswing, with further increases seen in the second quarter alongside an uptick in lease...
Auto stocks fall 2% post-July 4 (Big Wheels)
Auto stocks fell after spiking before Independence Day on the heels of policy shifts and robust incentives by OEMs. The...
