• Thursday, October 15, 2026
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Penske Automotive to go private at $16.3 billion valuation

Penske Automotive Group Inc., one of the largest car dealership groups in the US, reached a

  • Bloomberg News
  • October 15, 2026

‘No winners’ in repossession: Lenders eye loan modifications to keep customers driving

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as

  • Aidan Bush
  • October 14, 2026

Judgment critical as auto lenders incorporate more AI 

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper

  • Amanda Harris
  • October 14, 2026

CarGurus’ VINMax aims to assist in ‘moving target’ inventory management

Vehicles promoted through CarGurus‘ AI-powered VINMax marketing platform had a 23% shorter median time to sale

  • Johnnie Martinez II
  • October 14, 2026

Bank of America’s consumer vehicle net charge-offs flat in Q3 

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat

  • C.J. Moore
  • October 14, 2026

Auto finance software provider Alfa expands AI, dealer integration tools

Auto finance software provider Alfa’s update to its cloud-based Alfa Systems platform streamlines auto loan originations

  • Auto Finance News, AI-assisted
  • October 14, 2026

US consumer prices rise by most since April in broad advance

US consumer prices advanced in September at the fastest pace in five months and a gauge

  • Bloomberg News
  • October 14, 2026

BofA faces $1.2 billion of fines for money-laundering lapses

Bank of America Corp. was fined more than $1.21 billion for money laundering and sanctions violations

  • Bloomberg News
  • October 14, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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