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Technology

Larissa Padden

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Used Fisker EV prices fall 43% in four months 

Prices on used Fisker EVs are plummeting faster than the wider used-EV market after news of

E-contracting volume grows 29% year over year 

The volume of auto loans originated digitally increased during the second quarter despite relatively flat auto

Credit Acceptance Corp. originations jump 21% year over year 

Subprime lender Credit Acceptance Corp. continued to set record portfolio highs in the second quarter as

US unemployment rate rises again, cementing path to Fed rate cut

US hiring slowed markedly in July and the unemployment rate rose to the highest level in

CPS AI voice bot to target collections 

Consumer Portfolio Services is using artificial intelligence to improve collections, streamline communication with consumers and fund

Carvana originations up 38% YoY 

Carvana’s originations increased in the second quarter, driven by growth in retail sales, as results continued

Panelists address demand, values at PowerSports Finance Summit 2024 

The Auto Finance News team is pleased to share that powersports leaders from JD Power, National

VW seeks deeper cost cuts to bolster returns in tough market

Volkswagen AG is pushing for more cost reductions to better compete in a slowing market marred

Credit Union Auto Lending Surges

David Thompson

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