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FirstRand to exit UK as car-loan charges hit £750M

FirstRand Ltd. plans to exit its UK motor-finance business after saying it will raise a provision

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Fitch: Auto corporate bond issuers face ratings risk

Automotive companies navigating cash flow challenges could face additional risks as the Iran war prompts concerns

  • Truth Headlam
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Toyota Financial Services names Alec Hagey CEO 

Toyota Financial Services named Executive Adviser Alec Hagey as its new chief executive April 6, replacing

  • Amanda Harris
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Podcast: Auto lenders balance growth with rising credit, affordability pressures

Auto lenders are working to balance growth against rising credit and affordability pressures as the market

  • Johnnie Martinez II
  • April 6, 2026

Wells Fargo’s Greg Neubecker to join Auto Finance Summit East 2026 

Auto Finance News is pleased to announce that Greg Neubecker, head of auto originations at Wells

  • Amanda Harris
  • April 6, 2026

Vehicle sales drop in March, Q1 as pull-ahead weighs down YoY comparison

U.S. auto manufacturers reported lower sales in the first quarter as the industry reckons with skewed

  • Truth Headlam
  • April 3, 2026

Massimo Group revenue drops, profit margin improves amid reset

Massimo Group delivered gross margin growth despite a decline in revenue in fiscal 2025 amid a

  • Johnnie Martinez II
  • April 3, 2026

Trump restructures broad metals tariffs but keeps 50% rate

The Trump administration said it will maintain 50% tariffs on many imported steel, aluminum and copper

  • Bloomberg News
  • April 3, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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