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CarMax Auto Finance sees margin expansion despite rising loan losses

CarMax Auto Finance in the first quarter saw a decline in income as loan losses started

Used-vehicle loan rates fall 32 basis points (Big Wheels) 

National average loan rates for new and used vehicles continued to decline in June even as

FinBe eyes $12M monthly origination volume, issues first ABS deal 

Subprime auto lender FinBe USA is looking to grow originations volume on the heels of its

AI debt collectors fare worse than humans

While loan servicers are eyeing AI to make collection calls cheaper and faster, a recent study

Senate Republicans take aim at EV tax credit 

EV shoppers may see fewer incentives after legislation was introduced to revoke the federal credit. The

Auto Finance News to present webinar on digital tools

Auto Finance News is pleased to offer the free webinar “Digital strategies for exceptional customer experience,”

Mitsubishi Motors raises US prices as tariffs roil carmakers

Mitsubishi Motors Corp. is raising US prices for some vehicle models as the industry grapples with

Fed officials hold rates again, still see two cuts by year end

Federal Reserve officials left interest rates unchanged and continued to pencil in two rate cuts in

Credit Union Auto Lending Surges

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