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Subprime auto ABS market sees ‘stress’ as immigration enforcement mounts, DQs rise 

Subprime auto securitizations are experiencing heightened stress and increased delinquencies, while transactions with large concentrations of

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Ally Financial cuts 2% of workforce 

Ally Financial today announced companywide layoffs as the financier looks to simplify its leadership and organizational

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Credit unions gain share in new-vehicle financing as captives’ share dips

Credit unions saw the highest market share gain for new-vehicle loan originations in the third quarter

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GM Financial’s digital tools target ‘three key personas’

GM Financial is tailoring AI and digital tools differently to match the distinct needs of consumers,

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Another subprime lender, Bayside Credit, stops originating loans 

Irvine, Calif.-based auto finance company Bayside Credit is no longer originating auto loans, representatives for the

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Credit Union Auto Lending Surges

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