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Fed holds rates steady, nods to stabilization in jobless rate

Federal Reserve officials left interest rates unchanged and pointed to improvements in the US economy as

  • Bloomberg News
  • January 28, 2026

GM Financial’s originations decline 18.7% 

GM Financial’s originations declined in the fourth quarter as finance penetration shrank and vehicle sales slowed.

  • Amanda Harris
  • January 27, 2026

Inside Octane’s Captive-as-a-Service program for auto dealerships

Lender Octane has entered the auto market with a Captive-as-a-Service offering for auto dealership groups, the

  • Johnnie Martinez II
  • January 27, 2026

Ford Credit, GM Financial industrial banks to be ‘credit positive,’ Moody’s says 

The establishment of industrial banks by Ford Credit and GM Financial is expected to lead to

  • Truth Headlam
  • January 27, 2026

Santander names McClelland head of U.S. auto business 

Santander Holdings on Jan. 26 appointed David McClelland head of the lender’s U.S. auto business, succeeding

  • Amanda Harris
  • January 27, 2026

PrimaLend Capital Partners, CEO Mark Jensen sued for $45M

Auto lender and servicer Prime Asset is suing PrimaLend Capital Partners, alleging the buy here, pay

  • Aidan Bush
  • January 27, 2026

MLB bid allegedly tied to end of Prestige Financial originations

The closure of subprime auto lender Prestige Financial Services’ origination business may have been accelerated by

  • Aidan Bush
  • January 26, 2026

Prime, subprime auto ABS spreads narrow

Prime and subprime auto asset-backed securities spreads tightened through mid-January compared with the previous two years.

  • Truth Headlam
  • January 26, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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