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CarMax Auto Finance originations drop 9%

CarMax Auto Finance’s originations fell in the company’s fiscal third quarter amid rising inventory prices and

  • Truth Headlam
  • December 18, 2025

DOJ indictment alleges Tricolor’s $2.2B fraud dates back to 2018

An indictment unsealed today for Tricolor former Chief Executive Daniel Chu and Chief Operating Officer David

  • Aidan Bush
  • December 17, 2025

Ford EV $19.5B restructuring costs ‘manageable for company,’ Fitch says 

Ford Motor’s costly restructuring plans that include refocusing its long-term investment in EVs are not expected

  • Truth Headlam
  • December 17, 2025

Stellantis Financial Services CFO Bennie Duck joins fireside chat at Auto Finance Capital Summit

Auto Finance News is pleased to announce that Bennie Duck, executive vice president and chief financial

  • Amanda Harris
  • December 17, 2025

Lease equity turns negative for first time since 2020 

Lease equity has turned negative for the first time in five years, likely prompting an uptick

  • Amanda Harris
  • December 17, 2025

Tricolor’s excel guy failed to fix numbers in alleged fraud

It was, according to Daniel Chu, “the stupidest f—-ing thing [he had] ever heard.” That’s how

  • Bloomberg News
  • December 17, 2025

Tricolor founder Chu charged with alleged fraud, DOJ says

US prosecutors charged the founder of bankrupt subprime auto lender Tricolor Holdings with conspiring to defraud

  • Bloomberg News
  • December 17, 2025

America’s Car-Mart issues first ABS deal since layoffs

America’s Car-Mart issued its first auto asset-backed securitization transaction following structural changes announced during the company’s

  • Truth Headlam
  • December 16, 2025

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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