• Tuesday, October 27, 2026
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Technology

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News Feed

Auto lender Canvas Credit Union taps AI-driven data to boost business 

SAN DIEGO —­ Indirect auto lender Canvas Credit Union generated more than $1 million in deposits

  • Vaidik Trivedi
  • April 15, 2026

Bayview Asset Management’s Prevolis to join Auto Finance Capital Summit 

Auto Finance News is pleased to announce that Carlos Prevolis, managing director of consumer and small

  • Truth Headlam
  • April 15, 2026

BRP suspends fiscal 2027 guidance amid updated Section 232 tariffs

Powersports manufacturer BRP is withdrawing its fiscal 2027 guidance due to uncertainty over cost uncertainty created

  • Johnnie Martinez II
  • April 15, 2026

CarMax Auto Finance originations down 1.5% 

CarMax Auto Finance’s originations declined in the fourth quarter of fiscal 2026 as the retailer is

  • Amanda Harris
  • April 14, 2026

Wells Fargo Auto originations soar 111% YoY 

Wells Fargo Auto’s originations jumped 110.9% year over year in the first quarter as the bank

  • Amanda Harris
  • April 14, 2026

Chase Auto originations down 3% YoY

Chase Auto’s originations fell in the first quarter while credit performance in the bank’s auto portfolio

  • Johnnie Martinez II
  • April 14, 2026

Share of subprime auto borrowers up to 19.5% in March, highest since March 2020

The share of subprime borrowers taking out auto loans in March rose to the highest level

  • Aidan Bush
  • April 14, 2026

Recent Carvana downgrades first for prime auto ABS deals in 16 years

S&P Global recently downgraded six classes of notes across most of Carvana’s prime asset-backed securitization deals

  • Truth Headlam
  • April 14, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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