William Hoffman, Author at Auto Finance News

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

Santander gets Fed authorization for $12B Webster deal

Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp., in what will be...

EVs avoided the use of 2.3M barrels of oil per day in 2025

California to offer $3,500 rebate for first time new-EV purchases

Auto analysts expect new- and used-EV lending and leasing to grow in the second half of 2026 in California as...

Ally Supports Dealer Portal as it Pushes Further Into Direct Lending

LAS VEGAS — Ally Financial Inc.’s President of Auto Finance

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

Santander gets Fed authorization for $12B Webster deal

Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp., in what will be...

California to offer $3,500 rebate for first time new-EV purchases

Auto analysts expect new- and used-EV lending and leasing to grow in the second half of 2026 in California as...

Mitsubishi Shies Away From Leasing

LAS VEGAS — Despite a push for newer and younger

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

Santander gets Fed authorization for $12B Webster deal

Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp., in what will be...

California to offer $3,500 rebate for first time new-EV purchases

Auto analysts expect new- and used-EV lending and leasing to grow in the second half of 2026 in California as...

Remodeling Residuals: As Autonomous Technology Matures, Will Today’s Cars Face A Steep Residual Drop?

There are currently about 1.4 billion cars on the road.

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

Santander gets Fed authorization for $12B Webster deal

Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp., in what will be...

California to offer $3,500 rebate for first time new-EV purchases

Auto analysts expect new- and used-EV lending and leasing to grow in the second half of 2026 in California as...

Texas Regulator Detects Reduced CFPB Data Sharing With States

State regulators are finding coordination on multi-state enforcement actions and

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

Santander gets Fed authorization for $12B Webster deal

Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp., in what will be...

California to offer $3,500 rebate for first time new-EV purchases

Auto analysts expect new- and used-EV lending and leasing to grow in the second half of 2026 in California as...

CF MOTO Adds Wells Fargo CDF as Floorplan Provider Alongside Northpoint

ATV and side-by-side manufacture CF MOTO Powersports, Inc. has added

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

Santander gets Fed authorization for $12B Webster deal

Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp., in what will be...

California to offer $3,500 rebate for first time new-EV purchases

Auto analysts expect new- and used-EV lending and leasing to grow in the second half of 2026 in California as...

SpringBoardAuto Preps CUs, Banks With White Label Direct Lending Portal

LAS VEGAS — Online direct loan originator SpringboardAuto is opening

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

Santander gets Fed authorization for $12B Webster deal

Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp., in what will be...

California to offer $3,500 rebate for first time new-EV purchases

Auto analysts expect new- and used-EV lending and leasing to grow in the second half of 2026 in California as...

Leasing Startup Carvoy Introduces Online Captive Financing

LAS VEGAS — Online new-car marketplace Carvoy quietly introduced the

CPS originations up 75% YoY in Q2

Consumer Portfolio Services' originations rose 75% year over year in the second quarter while credit performance improved. CPS purchased $757.7 million of...

Credit Acceptance Corp. originations steady in Q2

Subprime lender Credit Acceptance Corp.'s originations volume ticked up in the second quarter on a dollar basis as it signed on...

Santander gets Fed authorization for $12B Webster deal

Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp., in what will be...

California to offer $3,500 rebate for first time new-EV purchases