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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

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

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

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

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

Polestar $640M debt-to-equity funding reinforces capital structure amid EV pressure

Polestar completed about $640 million in debt-to-equity conversions this year as the EV maker works to

Beige Book: Auto dealers’ sales flat, repair spending strong in July edition

Auto dealers nationwide reported little or no change in sales in late May and June, though

Honda to halt sales of last EV in its US lineup

Honda Motor Co. is ending sales of its electric vehicles in the US, marking the latest

Credit Union Auto Lending Surges

David Thompson

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