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Larissa Padden

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Toyota quarterly profit climbs on weak Yen, strong US sales

Toyota Motor Corp.’s profit climbed in the latest quarter after a weak yen and robust demand

AutoNation originations surpass $240M 

AutoNation Finance’s originations increased year over year in the second quarter but cyberattacks against dealership software

CPS originations up 36% year over year 

Consumer Portfolio Services’ originations grew in the second quarter while credit performance weakened. The Irvine, Calif.-based

Octane appoints CFO as first president 

Powersports lender Octane today appointed Chief Financial Officer Steven Fernald to serve as the company’s first

Powell says Fed could cut rates ‘as soon as’ September meeting

Federal Reserve Chair Jerome Powell said an interest-rate cut could come as soon as September after

Stellantis offers US employees buyouts in new round of job cuts

Stellantis NV will offer voluntary buyouts to US employees as the carmaker looks to cut costs

Net losses rise across prime, nonprime auto ABS 

Credit performance across prime and nonprime securitized auto loan pools continued to weaken in June, driven

Big Wheels: Used-vehicle values fall 6% YoY 

Used-vehicle values decreased year over year in July after trending downward since April but ticked up

Credit Union Auto Lending Surges

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