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News Feed

Millions in losses prompt Ally Financial to escalate lease depreciation 

Auto lenders are facing higher losses tied to lease terminations, especially as electric vehicles come off

  • Amanda Harris
  • April 24, 2026

HorsePower extends credit facility with Pier Asset Management

HorsePower Financial Services has extended its credit facility with Pier Asset Management as it looks to

  • Johnnie Martinez II
  • April 24, 2026

America’s Car-Mart’s Doug Turner to speak at Auto Finance Summit East 2026

Auto Finance News is pleased to announce that Doug Turner, senior director of acquisitions and remarketing

  • Johnnie Martinez II
  • April 24, 2026

Westlake subsidiary Western Funding lists stock on OTCID market 

Shares of Western Funding, an indirect auto lender and subsidiary of Westlake Technology Holdings, are set

  • Auto Finance News, AI-assisted
  • April 24, 2026

Global Lending Services’ Robert Machanic to join Auto Finance Capital Summit

Auto Finance News is pleased to announce that Robert Machanic, vice president of capital markets and

  • Amanda Harris
  • April 24, 2026

Huntington Bank’s auto originations fall 15% 

Huntington Bank’s auto originations ticked down in the first quarter as credit performance weakened in line

  • Amanda Harris
  • April 23, 2026

Tesla lease penetration drops to 1% in Q1

Tesla’s lease penetration dropped in the first quarter despite increased deliveries and production compared to a

  • Johnnie Martinez II
  • April 23, 2026

Bank of America’s Q1 originations dip as bank prioritizes ‘high credit quality’ transactions

Bank of America’s auto originations dipped in the first quarter as it continues to prioritize higher-quality

  • Truth Headlam
  • April 23, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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