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Podcast: Nonprime consumers eye gradual improvements on affordability 

Near prime and nonprime consumers are seeing some relief from affordability challenges in the automotive industry

American Heritage FCU issues first auto ABS deal (Big Wheels) 

American Heritage Federal Credit Union has issued its first auto asset-backed-securitization deal, pushing credit unions’ total

Near prime, nonprime new-vehicle sales up 1% year over year 

The automotive industry is showing signs of stabilization for nonprime and near prime consumers following recent

Auto ABS volume up 11.5% YoY (Big Wheels) 

Auto asset-backed securitization issuance volume has outpaced 2023, largely driven by substantial prime deals this month

Carvana streamlines production as sales rise 

Carvana is eyeing improved brand awareness and production efficiency to drive further sales growth into 2025.

Perella, Innovatus explore sale of auto lender Flagship Credit

The owners of Flagship Credit Acceptance LLC are exploring a sale of the auto-finance provider, according

5 Questions with … Capital One President of Financial Services Sanjiv Yajnik  

Sanjiv Yajnik, president of financial services at Capital One, is exploring ways to blend digital tools

Spotlight on innovation: 2024 Auto Finance Excellence Awards honor strategic leadership 

Auto lenders maintained steady operations through strong leadership and a commitment to innovation despite the tight

Credit Union Auto Lending Surges

David Thompson

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