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Stellantis names new heads of Jeep and Ram to bolster US sales

Stellantis NV named new leaders for its Jeep and Ram brands, the latest in a series

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Truist Bank, Fifth Third net charge-offs rise YoY

Truist Bank and Fifth Third Bank reported that delinquencies fell year over year in the second

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Lendbuzz to launch AI agent debt callers in Q3

AI-powered auto lender Lendbuzz plans to launch AI voice agents in the third quarter to make

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Lightship evaluates finance options as electric-assist RV trailer production ramps  

EV manufacturer Lightship is adding consumer finance options for its electric-assist RV trailer as the startup

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Better credit access, ABS issuance uptick assist industry performance (Big Wheels) 

Improved credit access and increased securitization issuance contributed to better auto finance industry performance in April

  • Amanda Harris
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Volvo Car abandons sales-growth target due to slump in China

Volvo Car AB scrapped its target of selling more cars this year due to a sharper-than-expected

  • Bloomberg News
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U.S. Bank indirect loan and lease originations jump 61.2% in Q2

Regional banks reported mixed credit and portfolio performance in the second quarter. U.S. Bank’s indirect loan

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F&I providers customize product offerings as affordability worsens 

Aftermarket products such as vehicle service contracts are becoming more customized amid affordability hurdles, driving sales

  • Amanda Harris
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Credit Union Auto Lending Surges

David Thompson

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