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Technology

Nicole Casperson

Auto Finance Technology sponsored by InformedIQ

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Santander: Middle-income Americans eye return to auto market 

Consumers remain resilient despite affordability pressures, with more middle-income Americans considering a vehicle purchase than a

AutoNation Finance originations jump 85.7% 

AutoNation Finance’s originations jumped in the third quarter as new vehicle sales increased. Originations have “nearly

Tesla Finance’s lease penetration falls to 2.1%

Tesla Finance’s lease penetration and portfolio fell year over year in the third quarter, despite rising

California CARS Act could indirectly impact auto securitizations

A ramp-up of state regulation amid a pullback from the Consumer Financial Protection Bureau could have

Winnebago promotional liabilities rise 2% YoY

RV and marine manufacturer Winnebago Industries reported a rise in promotional liabilities in the fourth quarter

Bankrupt PrimaLend blames subprime ‘cycle’ as it seeks bank help

Auto dealers who lend money to buyers with spotty credit histories pushed subprime lender PrimaLend Capital

Capital One auto originations climb 17.2% 

Capital One’s auto originations rose in the third quarter as strategic underwriting and tightening contributed to

Lithia captive originations up 41.3% in Q3

Lithia Motors’ finance arm, Driveway Finance, originated $732 million in loans during the third quarter, marking

Credit Union Auto Lending Surges

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