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Big Wheels

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Fed: Auto loan demand weakens, standards stable (Big Wheels) 

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand

  • Amanda Harris
  • August 7, 2026

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender

  • C.J. Moore
  • August 7, 2026

US employers unexpectedly shed jobs; Unemployment rate falls

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

  • Bloomberg News
  • August 7, 2026

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

  • Johnnie Martinez II
  • August 6, 2026

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

  • Amanda Harris
  • August 6, 2026

Digital securitization transactions rise 61% YoY in Q2

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

  • C.J. Moore
  • August 6, 2026

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

  • Aidan Bush
  • August 6, 2026

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

  • Johnnie Martinez II
  • August 6, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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