Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Big Wheels

C.J. Moore

Auto Finance Technology sponsored by InformedIQ

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Part 3: Regulatory balancing required in auto finance AI 

Agentic AI is gaining ground in automotive finance and retail, prompting technology providers, dealers and lenders

KPMG prepares to unwind OCM’s subprime business (Under the Hood) 

OCM Auto Financing Group has been forced into receivership after a deal fell through that would

Democratic wins may bring more regulatory actions, consumer affordability policies

While the Democrat-majorities Congress are unlikely to push new federal auto lending policies, new governors and

CarMax pencils in $500M annual capital spend for fiscal 2028

CarMax plans to spend about $500 million per year, starting in fiscal 2028, to fund business

Arvest Bank targets thin-file, new borrowers with FICO score upgrade 

Arvest Bank is improving risk-based pricing precision for auto loans, especially among thin-file applicants and new

CarMax Auto Finance eyes 40% nonprime penetration by 2030 

CarMax Auto Finance will increase nonprime lending volume as part of its multiyear strategy for growth

Dealers say sales could pick up after elections

Auto dealers say uncertainty brought on from the midterm elections could have led to stalled sales

Upstart’s Q3 auto origination volume up 221.1% YoY

AI-based fintech Upstart‘s third-quarter auto loan origination dollar volume rose year over year but fell slightly

Credit Union Auto Lending Surges

David Thompson

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