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Technology

Larissa Padden
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Auto Finance Technology sponsored by InformedIQ

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News Feed

Model year 2024 average price at $53K (Big Wheels) 

The average price of a new model year 2024 vehicle available for sale sits at $53,399

  • Amanda Harris
  • October 30, 2024

Asset-backed debt sales top $313 Billion, beating post-financial crisis record

Sales of debt backed by everything from auto loans to airplane leases to Subway franchise fees

  • Bloomberg News
  • October 30, 2024

VW’s profit plunge sets stage for skirmish over plant closings

Volkswagen AG cast its least-profitable quarter in years as cause for the first factory closures in

  • Bloomberg News
  • October 30, 2024

Ford Credit lease outstandings up 4% YoY 

Ford Credit’s United States penetration rate picked up in the third quarter, partly driven by growth

  • James Van Bramer
  • October 29, 2024

Camping World F&I revenue up 1.6% year over year 

RV dealer group Camping World’s finance and insurance revenue fell sequentially but rose year over year

  • Ash Savage
  • October 29, 2024

ThunderRoad Financial taps into ‘eventual recoveries’ 

Powersports lender ThunderRoad Financial has garnered strong recoveries on difficult-to-find motorcycles, prompting the lender to pursue

  • Amanda Harris
  • October 29, 2024

Bank of America’s Fabien Thierry on growth, EVs, tech innovation 

Bank of America is leaning on its diversified auto finance strategy and technological investments to drive

  • Amanda Harris
  • October 28, 2024

Podcast: Q3 captive originations are mixed 

Third-quarter earnings were mixed again, with some captives reporting growth in originations while others logged declines.

  • James Van Bramer
  • October 28, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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