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Big Wheels

Amanda Harris
  • 2:42 pm

Auto Finance Technology sponsored by InformedIQ

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News Feed

Lenders adjust to rising rates, higher funding costs (Big Wheels)

Rising benchmark interest rates are moving borrowing costs higher as strong returns continue to attract investors

  • C.J. Moore
  • October 15, 2026

Wells Fargo names Mohler executive director of business growth strategy 

Wells Fargo Auto last month named Matt Mohler its executive director of business growth strategy to

  • Amanda Harris
  • October 15, 2026

Fed: Consumers pull back on car maintenance, sales amid costs 

More consumers were conservative in recent weeks with vehicle repairs, while dealers largely reported a slight

  • Amanda Harris
  • October 15, 2026

U.S. Bank indirect loan and lease originations jump 18.1% in Q3

Regional banks reported improved auto delinquencies and net charge-offs in the third quarter as their auto

  • Aidan Bush
  • October 15, 2026

Penske Automotive to go private at $16.3 billion valuation

Penske Automotive Group Inc., one of the largest car dealership groups in the US, reached a

  • Bloomberg News
  • October 15, 2026

‘No winners’ in repossession: Lenders eye loan modifications to keep customers driving

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as

  • Aidan Bush
  • October 14, 2026

Judgment critical as auto lenders incorporate more AI 

Auto lenders using AI tools to improve efficiency and customer experience must balance innovation with proper

  • Amanda Harris
  • October 14, 2026

CarGurus’ VINMax aims to assist in ‘moving target’ inventory management

Vehicles promoted through CarGurus‘ AI-powered VINMax marketing platform had a 23% shorter median time to sale

  • Johnnie Martinez II
  • October 14, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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