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US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised

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July U.S. auto sales mixed as Honda, Hyundai, Kia post gains

U.S. new-vehicle sales in July were mixed as American Honda, Hyundai Motor America and Kia America

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Wells Fargo head of auto originations strategy IDs 3 ways to fight AI-based fraud 

Fraudsters are using AI to fabricate income statements and proof of residence, exacerbating fraud risk as

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Digital securitization transactions rise 61% YoY in Q2

Credit unions contributed to a rise in digital securitization transactions in the second quarter, a byproduct

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Auto delinquency growth slows even as nonprime lending increases

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime

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Source One’s Opdahl to join Powersports Finance Summit

Powersports Finance News is pleased to announce that Michael Opdahl, president and chief executive of Source

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GM Financial’s Kyle Birch to retire after 28 years with company 

GM Financial President of North America Operations Kyle Birch is retiring at the end of the

  • Auto Finance News
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Upstart’s Q2 auto loan originations surge 264% YoY

AI-based fintech Upstart grew its auto loan originations in the second quarter while halting its auto

  • C.J. Moore
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Credit Union Auto Lending Surges

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